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Future Generations
Future cohorts of people who will live after the current generation and are considered in planning and policy discussions, especially concerning sustainability and environmental preservation.
Closed-loop
A system where the products, materials, or resources are recycled back into the process, minimizing waste and the need for new raw materials.
Returned Goods
Items that have been sold and later returned by the customer to the seller, usually due to issues like defects, dissatisfaction, or the wrong product being delivered.
Logistics Functions
The tasks involved in the planning, implementation, and control of the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption.
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