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Innovative Practices a) What innovative practices (e.g., RFIInnovative Practices a) What innovative practices (e.g., RFI

by | Jun 19, 2022 | Questions & Answers

Innovative Practices a) What innovative practices (e.g., RFID, equipment tracking devices, etc.) are currently being utilized in the organization’s reverse logistics model? If none, what would be the best innovative practices to implement into the organization’s model? What is each practice’s specific purpose in the model? Be sure to include specific evidence to support your answer. b) What is the value of innovative practices with regard to reverse logistics? How would the reverse logistics model suffer if these practices were not implemented? Defend your position with specific evidence. c) How do these practices improve overall supply chain management? In other words, how do these practices benefit your organization’s supply chain and the organization in general? Be sure to support your answer with specific evidence. d) What is the cost-saving role of these practices? In other words, how do you think these practices benefit your selected organization’s fiscal bottom line? Include support for your answer.

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