Which best describes reverse logistics?

Reverse logistics refers specifically to the process of moving goods from their final destination back to the manufacturer or point of origin. This process can include returns, recycling, refurbishing, or disposition of products. It plays a vital role in the supply chain by managing the flow of used or excess products and minimizing waste, which not only saves costs but also promotes sustainable practices.

In contrast, forecasting future demand, managing inventory levels during peak times, and transporting raw materials to manufacturing locations focus on different aspects of logistics and supply chain management. These tasks primarily deal with forward logistics—ensuring that products are produced and delivered to customers efficiently rather than managing the return journey of goods.