Return to Vendor (RTV)

Return to Vendor (RTV) refers to the process of returning unsold or defective products back to the supplier or manufacturer. This is typically done by retailers to manage inventory effectively and reduce losses from damaged, expired, or unsold items. By initiating an RTV, the retailer can recover costs, maintain product quality, and ensure that their inventory reflects current demand. This process is a key aspect of returns management, helping businesses optimize their stock levels and improve operational efficiency.