Role Of Reverse Logistics and Recycling With In A Supply Chain ?


The process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely, reverse logistics is the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.


Re-manufacturing and refurbishing activities also may be included in the definition of reverse logistics.Reverse logistics is more than reusing containers and recycling packaging materials. Redesigning packaging to use less material, or reducing the energy and pollution from transportation are important activities, but they might be secondary to the real importance of overall reverse logistics.


Importance of Reverse Logistics If no goods or materials are being sent "backward", the activity probably is not a reverse logistics activity. Reverse logistics also includes processing returned merchandise due to damage, seasonal inventory, restock, salvage, recalls, and excess inventory. It also includes recycling programs, hazardous material programs, obsolete equipment disposition, and asset recovery.


Key Reverse Logistics Management Elements:

  • Gate keeping

  • Compacting Disposition Cycle Time

  • Reverse Logistics Information Systems

  • Central Return Centers

  • Zero Returns

  • Re-manufacture and Refurbishment

  • Asset Recovery

  • Negotiation

  • Financial Management

  • Outsourcing

Presented By,

Zeeshan Ilyas, CSCA,CSCM

Connecting, Innovating & Inspiring on a Global Level !

Startup Mentor & Supply Chain Coach


The opinions expressed in this article are those of the author.


Discover how the CSSC Certification Program is Transforming the Careers of Supply Chain Professionals, and assisting organizations transform their supply chains into value chains.


Take advantage of this opportunity to put your company out front, and not only have a well-qualified workforce, but also a workforce that will enjoy their work as they will not only know what they are doing, but perhaps more importantly why they are doing it.

CSSC, Certified Stores & Stock Controller and CPIA, Certified Production and Inventory Analyst


Connecting Minds & Inspire Learning

Take advantage of the FREE Resources available at BicaraSupplyChain. Due to Coronavirus Covid19 and highly stressful conditions we can keep sharing knowledge and advice to solve problems is the most crucial for the future of charities.


Be better prepared for when the world returns to "normal". LEARN from SupplyChain Experts to pick up the pieces after the dust has settled. We broadcast every week and all year around the most up-to-date series of podcasts.

BicaraSupplyChain

0 views0 comments

WORLD HEADQUARTERS

VCARE Academy Inc.

154 Bestview Drive Toronto,

M2M2Y3, Ontario, Canada

OUR ASSOCIATIONS 

OCC-Logo-color.png

Supply Chain Podcast Platform

Bicarasupplychain.com

Listen Bicara Supply Chain Podcasts on your favorite Platform >

Bicara Podcast_2. Spotify .jpg
Bicara Podcast_5. Apple Podcasts
Bicara Podcast_7. Castbox.jpg
Bicara Podcast_1. Anchor.jpg
Bicara Podcast_3. Stitcher.jpg
Bicara Podcast_8. Overcast.jpg
Bicara Podcast_4. Google Podcasts.jpg
Bicara Podcast_6. Breaker.jpg
Bicara Podcast_10. RadioPublic .jpg

FOLLOW US ON SOCIAL MEDIA

  • LinkedIn
  • Facebook
  • Twitter
  • YouTube

Copyrights © 2020 VCARE Academy Inc. - All Rights Reserved | Developed by Artxel Technologies