CLTD Reverse Logistics Flashcards
6 cards from real CLTD practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CLTD Reverse Logistics flashcards as text
What metric measures the percentage of returned products from which value is successfully recovered?
Answer: Return recovery rate
The return recovery rate measures how effectively an organization extracts value from the products that come back.
What is a 'closed-loop supply chain'?
Answer: A supply chain that incorporates both forward and reverse logistics to recover and reuse products or materials
A closed-loop supply chain integrates reverse logistics with forward logistics to create a circular flow of materials and products.
Which factor most significantly increases reverse logistics costs compared to forward logistics?
Answer: Unpredictability and variability of return volumes and conditions
The uncertainty in timing, quantity, and condition of returns makes reverse logistics inherently more complex and costly than forward logistics.
What is 'disposition' in reverse logistics?
Answer: The decision and action taken regarding the final use or handling of a returned product
Disposition refers to determining and executing the best course of action for each returned item, such as repair, resell, recycle, or discard.
What is the role of a third-party logistics provider (3PL) in reverse logistics?
Answer: To manage and process returns on behalf of companies that lack the internal infrastructure
3PLs offer specialized reverse logistics services, allowing companies to outsource returns handling and focus on core competencies.
Which strategy prioritizes returning products to the highest-value use possible before considering lower-value options?
Answer: Value hierarchy disposition
Value hierarchy disposition prioritizes the most profitable recovery option, such as resale over recycling or disposal.