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A company finds that one of its warehouses is out of capacity to store products. Expanding the physical size of the warehouse is not an option. The most appropriate solution would be to increase the:
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Question 226 - CSCP discussion

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A large retailer has negotiated buyback contracts with several suppliers. The suppliers typically will need which of the following systems to effectively implement the contracts?

A.
Point-of-sale tracking
Answers
A.
Point-of-sale tracking
B.
Well-developed reverse logistics
Answers
B.
Well-developed reverse logistics
C.
Monitoring the retailer's revenue
Answers
C.
Monitoring the retailer's revenue
D.
Sales incentives to reward the retailer
Answers
D.
Sales incentives to reward the retailer
Suggested answer: B

Explanation:

Buyback contracts require suppliers to repurchase unsold inventory from retailers, which necessitates an effective system for handling returns. A well-developed reverse logistics system is critical for managing the return process efficiently. It includes the collection, transportation, inspection, and processing of returned goods. This system ensures that products can be easily returned, reconditioned, resold, or disposed of properly, minimizing costs and maximizing the value recovered from returned goods. Point-of-sale tracking, monitoring revenue, and sales incentives are beneficial but do not address the core requirement of efficiently handling the logistics of returned products under a buyback contract.

Rogers, D. S., & Tibben-Lembke, R. (2001). An Examination of Reverse Logistics Practices. Journal of Business Logistics.

Blanchard, D. (2010). Supply Chain Management Best Practices. John Wiley & Sons.

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asked 16/09/2024
Nogueira Elder
36 questions
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