Question: Provide feedback to this information: Returns and reverse logistics significantly affect an organization's financial health by influencing cost structures, revenue streams, and profitability. The cost
Provide feedback to this information: Returns and reverse logistics significantly affect an organization's financial health by influencing cost structures, revenue streams, and profitability. The cost implications of managing product returns include transportation, warehousing, refurbishment, and administrative expenses. A poorly designed return policy can lead to excessive returns, increasing operational costs and eroding margins. Conversely, companies that integrate advanced return management strategies, such as automated return processing and predictive analytics, can mitigate financial losses and enhance profitability
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