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Reverse Logistics Refers to the Moving of Products and Materials

question 158

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Reverse logistics refers to the moving of products and materials from suppliers to the factory.


Definitions:

Inbound Logistics

The activities related to receiving, storing, and distributing inputs internally needed for the production of goods or services.

Outbound Logistics

The process involved in moving products from the production facility to the end user or intermediary, such as transportation and warehousing.

Procurement

The process of obtaining goods or services, typically for business purposes, including selection, negotiation, and acquisition.

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