Write a 200 word (minimum) paragraph on each of the following learning objective

Question

Write a 200 word (minimum) paragraph on each of the following learning objectives explaining what you have learned in this course.

You cannot quote or use any written material from your assignments, nor any readings from this class, nor any reading from any other source.

These answers are to be your own words. It is what you personally have learned from this course regarding these topics, these learning objectives.

You need a title or cover page.
There is no need for a reference page as you will be using no references.

Use the following as your headings for each paragraph you write below that heading.

1. Define how reverse logistics can benefit a company.

2. Identify value opportunities for organizations within their reverse logistics operations.

3. Determine best practices for resource deployment.

4. Explore the latest empirical studies in the field on the best logistics performance metrics.

5. Explore how customer service can improve be within a reverse logistics operation.

6. Describe how benchmarking can be a critical aspect of performance management in reverse logistics operations.

7. Determine best practices for resource allocation in reverse logistics operations.

Explanation / Answer

Define how reverse logistics can benefit a company.

Reverse logistics is the process in which, the customer returns the product. It can either be for return, repurchase, repair or recycle. No company wants to be associated with returning the things that are once purchased but, a good company treats reverse logistics as a method of improving customer service and also as a distinguishing factor from the competitors. Reverse logistics can prove beneficial for a company as it allows the customer to feel valued. Even after the sale has been complete, the company is taking care of the customer and is ready to accept the product if it is not functioning properly.

Reverse logistics also allows the manufacturer to assemble the merchandise that has been with the traders. Once the products reach the manufacturer, it can be reassembled or recycled in accordance with their current conditions, instead of going wasted. Reverse logistics also ensures that the lifespan of the product increases. The products will be accepted by the manufacturer at any stage and will be recycled or repaired according to the condition. Reverse logistics enhances the belief of the customers on the company. The returned goods also add value to the firm as the supply chain the firms can use the supply chain already in place to add value to the firm.

Identify value opportunities for organizations within their reverse logistics operations.

The value opportunities that reverse logistics can offer to an organization are many a few of them are elaborated below:

The reverse logistics signifies that the company is ready to accept the responsibility even after the completion of the purchase by the customer. The company gains a competitive advantage over the companies that do not have reverse logistics as the customers feel more protected even after the purchase is complete.

Reverse Logistics gives the firm a competitive advantage, a reverse logistics in place acts as an advantage. It can be used as a marketing tool to highlight that the company backs up the purchases made by the customers.

A good reverse logistics setup in place would mean that the products can be returned to the by the traders to the customers. If the products that are held up at the ends of the traders for over a long time are returned to the manufacturer, those can be repaired and the parts can be used can be salvaged to use in the products. Other products that cannot be salvaged can be recycled. Recycling the products will add as an effective corporate social responsibility.

Determine best practices for resource deployment

Deployment essentially means to put the resources available to the company to the best possible use. The activity, process, and program should all be methodical so that the company could gain the most from the resources or maximize the use of the resources at hand. The best possible resource deployment is achieved by deriving a balance between computation, network, and selection. The three prove essential in determining the use of the resources:

Please repost the rest of the question as the time was insufficient to answer all of them in the given time

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