Reverse logistics has become an essential component of the circular economy, as it plays a critical role in the efficient management of resources and minimizing environmental impact. When we talk about reverse logistics, we are referring to the process of managing the flow of products from the end consumer to the manufacturer or supplier. This includes a whole range of activities such as returns, repairs, recycling, and reconditioning.
Reverse logistics allows companies to recover value from used products and contribute to the circular economy by reducing waste and the need for new resources.
What are the benefits?
In addition, there are several examples of reverse logistics in practice.