Supply Chain Management Reverse Logistics Essay

Introduction Reverse logistics has attracted significant attention in the recent past with regards to enhancing the effectiveness of supply chain management. As the name suggests, reverse logistics is described as the supply chain process that flows opposite the usual procedure of order, implementation and delivery (Hawks, 2006). In light of increased attention, reverse logistics has also been characterized by increased investments in technology, particularly software development, to enhance its systems. This has contributed to numerous benefits in the supply chain management process including recapturing, enhancement of supply chain processes and overall improvement of logistics. However, the increased technological investments have generated several challenges associated with reverse logistics and the environment. These challenges have also contributed to the emergence of several ethical challenges in relation to interruption of producers’ business. Definition and Key Aspects of Reverse Logistics Reverse logistics is basically defined as the processes of receiving defective products or unwanted materials in order to recapture or regain value or ensure proper disposal of the products or materials. Therefore, the operations of reverse logistics are largely dependent on reversing the supply chain management processes in order for businesses to correctly determine and classify returned goods for disposal. However, reverse logistics processes entail more than merelyShow MoreRelated Reverse Logistics as an Integral Part of Supply Chain Management2601 Words   |  11 PagesIntroduction Most of us think of logistics as a one-way street. Products are manufactured, packaged, stored in a warehouse, sold, and then shipped off to the customer ... end of story. Yet for many logistics managers today, thats not the end of the story. In addition to managing outbound goods, they also are responsible for reverse logistics--the flow of returned goods and packaging, including customer service and final disposition of returned items. The need to manage waste materials andRead MoreSustainable Supply Chain986 Words   |  4 PagesSUSTAINABILITY Role of reverse logistics and closed-loop supply chain in sustainability Implementation Manufacturing Strategy | AbstractIn this interim report, motive for doing this topic has been discussed and further, the methodology which will be used to reach the conclusion is also been mentioned. Finally, expected takeaway are also been highlighted. Kuldeep Jain - 1401083 Term Paper – Interim Report | Role of reverse logistics and closed-loop supply chain in sustainability Implementation Read MoreReverse Logistics1277 Words   |  6 PagesReverse logistics and the return portion of the supply chain is often an overlooked and mismanaged process. Companies tend to focus their efforts on the forward portion of supply chain management, while failing to take advantage of the many opportunities that reverse logistics presents (Benton, 2007). What these companies do not realize is that the effective management of reverse logistics has the potential to make them more profitable, and to add value to many other parts of their supply chainRead MoreGlobal Supply Chain Management And Logistics Management1504 Words   |  7 PagesJaimini Patel 26th April,2016 Global Supply Chain Management means the sourcing and procurement, conversion and all logistics management activities through the planning and management of all activities. It’s also considers the co-ordination and collaboration with channel partners including suppliers, intermediaries, third-party service provides and customers across the world. Elements of the Global Supply Chain Management: Read MoreCase Study : Supply Chain Management943 Words   |  4 PagesWhen supply chain managers are brought together it is the common goal to focus on the process of getting the consumers product though the forward supply chain as quick and efficiently as possible. However, there is a need to focus on the scope of the returns process too. â€Å"Companies can no longer afford to treat reverse logistics management as an afterthought. It needs to be a core capability within the supply chain organization. For years, most shippers paid little attention to returns† (DowlatshahiRead MoreLogistics : Logistics And Distribution Of Physical Goods Essay1166 Words   |  5 PagesIntroduction Source: Leeway Logistics, 2015 Logistics is considered as an operational process which includes activities such as storing, transporting and distribution of physical goods. E- Commerce has made a big change in logistics and distribution processes. Due to introduction of online purchases, way of handling materials have also been changed. Online retail industry is being expanded year to year. According to Goldman Sachs, Online Sales will reach $750B mark by 2016 with annual growthRead MoreReverse Logistics within a Supply Chain919 Words   |  4 Pages Introduction Should reverse logistics be labeled as the latest business trend? Should it be started on a company whim or in a half-measured capacity? Could focusing on reverse logistics magnify companies’ mistakes even more, or will it focus on the heart of manufacturing, distributors, wholesalers, or retailers profitability. If we look at using a scoring method, which would focus the measured capabilitiesRead MoreIs the term green logistics an oxymoron Essay1419 Words   |  6 Pagesï » ¿Is the Term Green Logistics an Oxymoron Introduction Over recent years there has been increasingly more pressure from the public and the government on organisations to decrease the environmental impact of their logistics operations. The distribution of products impairs air quailty, produces noise and vibration, causes motor vechicle accidents and contributes significantly to global warming through greenhouse gas emmisions. The term ‘green logistics’ describes attempts by organisations to minimiseRead MoreEvaluating The Readiness For Organizations Abilities950 Words   |  4 Pagesorganizations is defined in Ocker’s body of work. Along with other concepts this was closely related to the integration management of supply chains. This review was fulfilled by Power, D, in which he explained the necessary measure that management officials muse take in order to effectively format viable solutions during the management of IT project instillations. Returns and recalls management was also a great topic that tackles some effe ctive steps to enhance the ability as far as acquisition of productsRead MoreA Note on Reverse Logistics1584 Words   |  6 PagesReverse logistics involves the reuse of products and materials. Unlike its logistics counterpart, reverse logistics involves relates to the use of materials from the point of consumption to the point of origin. Reverse logistics is particularly useful within the retail industry as consumers often return merchandise that doesnt meet customer specifications. In many of these instances, the company must have procedures in place to process returns in both a timely and orderly fashion. Reverse logistics