Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 15.7, Problem 9TP
Summary Introduction

To determine: The meaning of inbound logistics, outbound logistics and reverse logistics.

Introduction:

When the planning, implementation and controlling of flow of information is done from the starting point of consumption to reach the requirements of the customer and earn profits as well, it is known as logistics.

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