RELATIONSHIP BETWEEN GOODS RETUNED POLICIES AND DEMOGRAPHIC PROFILE OF THE CUSTOMERS WITH REFERENCE TO REVERSE LOGISTIC ACTIVITIES

Reverse Logistics is the process of redistributing used products or a new initial point of the supply chain, such as consumer returns, overstock, or expired food, as well as collecting their management using particular standards. Reverse logistics refers to material components that are recoverable after consumption, as well as waste and packaging, and which are returned from consumer manufacturing and absorbed into a new economic cycle. Reverse logistics entails some additional handling procedures, such as particular circuits', as well as unique charges for consumer reception, sorting, loading, and unloading. In order to develop a complete distribution system, logistics experts have historically started with the manufacturer and worked their way through the product flow from the producer to the customer.

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Keywords: Reverse Logistic, Supply Chain, Economic Cycle, Logistics Experts, Consumption.


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