Reverse supply chain management is defined as the series of activities required to retrieve a used product from a customer and either dispose of it or reuse. To make rational decisions about the structure of a reverse supply chain, its best to divide the chain into its five key components and analyze options, costs, and benefits for each. Soon you may need to give just as much thought to your reverse supply chain. As supply chain managers, were all learning to shift into reverse. Supply chain management and reverse logistics springerlink. Product returns and management of their deposition. Reverse logistics is a new notion in the history of logistics and supply chain management. Meeting the reverse logistics challenge supply and.
Supply chain finance and blockchain technology the case. Artificial intelligence in reverse supply chain management. An open and trusting relationship is a prerequisite for mutual. Closed loop supply chain management and reverse logistics a literature 157 3. Reverse logistics, which is the management or return flow due to product recovery, goods return, or overstock, form a closedloop supply chain.
Abstract the awareness about the environmental problems in the globe is also increasing results of the global. Pdf artificial intelligence in reverse supply chain. Supply chain finance and blockchain technology the case of reverse securitisation. There are more than 1 million books that have been enjoyed by people from all. The backward flow of goods is referred to as reverse logistics. This is the reverse of the traditional supply chain evolution of products from merchant to customer. Understanding the dynamics behind how, when, and why customers return items is critical to understanding purchasing behavior and improving overall experience. The reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Reverse supply chain management explore the feasibility to incorporate forward supply chain strategy into the reverse supply chain in the electronic industry. Perspectives in reverse supply chain management rscm.
Overview and challenges for supply chain management article pdf available in international journal of engineering business management 612 july 2014 with 4,408 reads. The us army first paid its attention to reverse logistics operations in 1998. An agile supply chain can be defined as a chain of supply that has the potential to respond to changing requirements in a way that accelerates. Overview of reverse supply chain management ashak altaher, anas bafarhan. Reverse supply chain supply chain logistics free 30. But in todays era of the fickle ecommerce customer, the. Increasing efficiency in reverse logistics processes such as the recovery of the returned products or disposal of endoflife products is one way in which firms attempt to maintain and increase. Reverse logistics capturing value in the extended supply chain. Indeed, for many logistics and supply chain professionals, reverse logistics for years has been regarded as pejorative expression.
Supply chain management scm is the coordination between all these parties and functions for the advantage of the whole supply chain. Reverse supply chain reverse logistics web resources reverse supply chain reverse logistics print resources reverse supply chain reverse logistics references 4 of up to 20 blackburn, j. A reverse logistics supply chain management strategy is critical to maintaining healthy inventory turn and operating expenses. Scm according to the council of supply chain management professionals. The study sought to investigate the impact of reverse logistics on supply chain performance in malawi manufacturing sector. This is the reverse of the traditional supply chain movement of goods from vendor to customer. Reverse supply chain management rscm is defined as the effective implementation of the series of activities involved in collecting a product from any stage of the forward supply chain to either. Reverse supply chain management explore the feasibility to. It is also important for bosch supply chain management to meet suppliers on equal ground.
The right strategy for the reverse supply chain can help to achieve the competitive advantage. The rate of amazons innovations in supply chain management has been mesmerizing, making it difficult for lowervolume competitors to keep up. Many healthcare organizations are facing roadblocks when it comes to. Measuring performance of reverse supply chains in a carpet. Get ebooks supply chain management on pdf, epub, tuebl, mobi and audiobook for free. Industries and the enterprises within them are also realizing that management of the reverse supply chain is a revenue opportunity. Reverse logistics in the age of entitlement logistics. Reverse logistics is the theme of the first two articles in the january issue of scmr. Overcoming challenges in healthcare supply chain management by steve ciemcioch may 8, 2019 read time. The reverse logistics process in the supply chain and. Sc1x supply chain and logistics fundamentals lesson.
In 2000, recycling activities in the european union eu created 229,286 jobs, which by 2008 had increased to. Although reverse logistics is often overlooked, retailers that master this discipline can gain competitive differentiation and turn the tables on pureplay ecommerce goliaths. Reverse logistics can represent a significant chunk of supply chain cost, and its typically not very well managed, its time to manage reverse as an integral part of supply chain management. Reverse supply chain management ewaste handling system. Supply chain management analyses have shown that this type of return contracts can, in fact, be beneficial for both the manufacturer and the retailer. Understanding the dynamics behind how, when, and why customers return items. The firms must treat the reverse logistics as a value and brandenhancement stream instead of ewaste treatment stream.
Management and sale of surplus, as well as returned. Master degree project in logistics and transport management. Effective supply chain and logistics management requires that reverse flows be accorded careful attention as important elements of a supply chain. Reverse logistics is the process of planning, implementing and controlling. Pdf on nov 12, 2017, amit karamchandani and others published reverse supply chain management find, read and cite all the research. Overcoming challenges in healthcare supply chain management. Managing reverse logistics to improve supply chain efficiency and reduce cost reverse logistics can represent a significant chunk of supply chain cost, and its typically not very well managed, its time to. This includes supplier, manufacturer, distributors, retailer, and. However, there are not so many researches made about strategies for the reverse supply chain yet.
Reverse supply chain states the evolution of products from customer to merchant. Reverse logistics controlling costs, slideshares, technology, warehouse operations reverse logistics, a key function of the supply chain, is a complex and often. Reverse logistics supply chain management basics datex. Managing reverse logistics to improve supply chain.
Among the various aspects of scm, emphasis is placed on. For instance, tom giovingo, executive vice president at wauconda, ill. Reverse supply chain reverse supply chain refers to the movement of goods from customer to vendor. The distinction between reverse logistics management and closed loop supply chain management refers to the strategic design intentions that lead to the design of reverse flows and the.
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