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LG signs up GreenDust to manage its Reverse Logistics

Proper reverse logistics management can create immediate, quantifiable, measurable results that can act as a catalyst for growth

Mahesh Kulkarni  |  Bangalore 

Electronics has signed up with company, GreenDust, a venture of Co. Pvt. Ltd to manage its end-to-end

“We all know that the strength of any supply chain is the strength of its weakest link and more and more in India are now realising that is that weak link. We are very happy that progressive and nimble like are moving proactively to realise substantial value from strategically managing reverse logistics”, said Hitendra Chaturvedi, Founder and CEO of

Proper management can create immediate, quantifiable, and measurable results that can act as a catalyst for growth.

These results include creating predictable cash flow, reducing returns management costs, increasing margins, generating higher asset recovery rates from timely disposition, avoiding channel conflict, reducing leakage, getting business intelligence on trends in returns and product faults, the company said in a statement.

offers genuine, branded products at highly discounted prices backed by its warranty and after service. These items go through rigorous 50 point Quality inspection and only then get seal of approval, the company added.
First Published: Mon, February 25 2013. 14:55 IST