Question: QUESTION 3 [30] Reverse logistics varies depending on the scope of the program, the 3PL provider and the needs of the business. Each solution is

QUESTION 3 [30] Reverse logistics varies

QUESTION 3 [30] Reverse logistics varies depending on the scope of the program, the 3PL provider and the needs of the business. Each solution is customized based on the client's needs. Without a reverse logistics strategy, a company will miss out on potential asset recovery revenue and customer satisfaction because it does not have a system in place for recycling, reusing, or safely disposing of returned products. A successful reverse logistics solution increases customer satisfaction and brand loyalty because customers are better able to make returns or get a replacement product within a reasonable time. With this regard, Examine the financial results of reverse logistics on the supply chain function. Provide real life (30) examples to support your discussion. a OCT 2

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