The environment in which reverse logistics has to be managed is vastly different from the forward logistics
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The environment in which reverse logistics has to be managed is vastly different from the forward logistics environment.
Forward logistics works off sales and marketing forecasts to plan the optimal distribution of a limited number of products
from one or more manufacturing or warehouse points to multiple distribution or retail points. By contrast, reverse logistics is
much more reactive and involves product flows that are much less visible Pienaar et al
Taking the above paragraph into account, explain the cost of reverse logistics and how it differs from the cost of forward
logistics both in type and in magnitude?
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