What term describes a supply chain dedicated to the reverse flow of products and materials for the purpose of returns, repair, remanufacture, and/or recycling?

The term that accurately describes a supply chain focused on the reverse flow of products and materials for returns, repair, remanufacturing, and recycling is reverse logistics. This concept encompasses all operations related to the reuse of products and materials. The goal of reverse logistics is to add value through the management of processes that allow products to return through the supply chain, thereby minimizing waste and maximizing resource efficiency.

In contrast, forward logistics typically deals with the flow of products from manufacturers to consumers. Supply chain logistics is a broader term that can encompass both forward and reverse movements but does not specifically focus on the reverse aspect. Inventory management pertains to the processes involved in overseeing and controlling the ordering, storage, and use of inventory, which is unrelated to the specific focus on reverse product flows described in the question. Thus, reverse logistics is the correct term for this particular function within supply chain management.