Based on your understanding of the case study and further readings, do you think Tiger Brands made use of reverse logistics? • Take a stance • Justify the stance based on theory and the case study
Based on your understanding of the case study and further readings, do you think Tiger Brands made use of reverse logistics? • Take a stance • Justify the stance based on theory and the case study
Based on your understanding of the case study and further readings, do you think Tiger Brands made use of reverse logistics? • Take a stance • Justify the stance based on theory and the case study
Based on your understanding of the case study and further readings, do you think Tiger Brands made use of reverse logistics? • Take a stance • Justify the stance based on theory and the case study
Expert Solution
Step 1 SCM and Reverse logistics
SCM is a strategic approach to integrating supply and demand in the market. It involves several activities such as logistics, material procurement, shipment tracking, etc. Its main aim is to match the supply and demand to an optimal level. In simpler words, it is the process of planning and managing operations related to supply chain.
Logistics in supply chain management ensures the smooth movement of goods, services, and information in a supply chain. Inventory and transport are included in logistics. This includes both the forward and reverse flow of goods, services, information, and cash. When goods are returned from customers to suppliers, it is known as reverse logistics.