Return to Vendor (RTV)
The process of returning products to a vendor due to defects or quality issues.
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What does Return to Vendor (RTV) mean?
Return to Vendor (RTV) is a process used in the supply chain where a product is returned by a retailer or distributor to the manufacturer or supplier for various reasons, such as product defects, overstocking, or slow-moving inventory. The RTV process typically involves generating a return authorization, shipping the product back to the vendor, and receiving a credit or replacement. RTV helps retailers and distributors manage their inventory and reduce the risk of obsolescence or waste.
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