Book Details

Managing Closed-Loop Supply Chains

Publication year: 2005

ISBN: 978-3-540-27251-9

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Introduction Closing supply chains refers to taking care of items once they are no longer desired or can no longer be used by their user. Smart management of closed-loop supply chains means profitable recovery of value from these items (products, functional components, materials or packaging). The company closing the supply chain may be the original equipment manuf- turer (OEM), a distribution partner or a third party not involved in the f- ward distribution. In recent years, the management of closed-loop supply chains has gained importance because of increased legislation on producer respon- bility, requiring companies to take back products from customers and to organize for proper recovery and disposal. This legislation is partially due to increased awareness of environmental issues. However, smart com- nies have also understood that returned products often contain lots of value to be recovered. They manage closed-loop supply chains simply because it is a profitable business proposition.


Subject: Business and Economics, Closed-Loop Supply Chain, Logistics, Re-use, Recovery, Supply, Chain, Supply Chains, Business, distribution, linear Optimization, Management, Organization, Planning