S. Dowlatshahi. Reverse logistics theory promotes the development of supply chain theory. It is argued that only in combination with the development of processes will dedicated resources result in maximizing reverse logistics performance. View Unit 1 IP- Reverse Logistics in Theory.docx from MANAGEMENT 360 at Strayer University. Planning for products to return to your company ( returns management) may seem counter-intuitive. It is a timely and important concept with significant international research under completion at this time. ShipWizard. I describe a holistic view of reverse logistics and distill 11 insights for successful implementation of reverse logistics from the existing literature and published case studies. Putting simply, Reverse Logistics is the process in the supply chain that deals with the return of any supplied goods to inventory. ShipWizard provides "end-to-end 3PL services" to a variety of eCommerce stores and other businesses. 400-600 words. The reverse logistics process (RLP) has become a key process for the supply chain (SC) given its importance for treating the increasing quantity of returned or recovered products and its impact on . Pharmaceutical Reverse Logistics. One of their key offerings is reverse logistics management, with a focus on customer experience. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics." Growing green concerns and advancement of green supply . ShipWizard offers integration with an array of eCommerce marketplaces, including Amazon and eBay. Perusal of the literature shows that a broad frame of reference for reverse logistics is not adequately developed. Reverse logistics is an important aspect of supply chain management, which successful supply chain organizations use to execute operations efficiently and increase value for their end customers. customer satisfaction towards reverse logistics in e-commerce in the surrounding area of Klang Valley. Interfaces, 30 (3) (2000), pp. Part 1 (3-4 pages, not including title & reference pages) (2-3 references w/in text citations) Identify an organization with a strong focus on distribution. It is not worth $5,000, because it doesn't work. (2016) have adopted in this study . This includes any product returned by the end-user, inward disposal of packaging material, or recycling of the sold product. Sarkis, J, and Presley. It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. "While customers have several options with regards to returning products . Provide a company . This is why you remain in the best website to look the amazing books to have. The first group of articles address global concepts of reverse logistics. Int J Prod Res, 48 (5) (2010), pp. I categorized articles related to reverse logistics by topic into five groups. But it is not worth $0 either because the company might be able to change one little sub-component and make it a useful unit for the repair pool. Software that handles reverse logistics has to take into account the useable status of the item and track the unit on a basis that is valued at less . A. Most articles on reverse logistics are in practitioner-related journals, rather than academic journals. Reverse logistics comprises of the sector of supply chains that process anything returning inwards through the supply chain or traveling 'backward' through the supply chain. Our motivation and purpose is to present the efforts of one of . In this context, reverse logistics (RL) is introduced to extend traditional forward logistics. For instance, In the beverage industry, companies are using . If your business doesn't have a great reverse logistics plan, you could be losing revenue and not even realizing it. Today, reverse logistics (RL) is one of the main activities of supply chain management that covers all physical activities associated with return products (such as collection, recovery, recycling and destruction). 143-155. Issue publication date: 11 August 2021 Downloads 936 pdf (320 KB) Abstract Purpose The purpose of this research is to identify major barriers to the implementation of reverse logistics (RL). Traditional logistics involves direct order fulfillment, hub services, pick-and-pack services and shipping. Kristy- Reverse Logistics in Theory.docx - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Also, the study addresses best practices among reuse, remanufacture, recycling, refurbishment and repair as alternatives for RL processes. In most cases, items can be refurbished, repaired, or resold once returned by the customer. Abstract. When it comes to post-sales service in the high-tech industry, whether a company chooses to do it or assign it to a third party, Penkar suggests adhering to what he calls "the 4 R's of integrated returns management recovery, reconciliation, repair and recycling. It can be used for products that are defective, surplus, or returned by customers. In fact, hypogycemia many psychiatrists diabetes natural medicine st george need the assistance of how you quickly lower psychologists, or vice versa. Reverse logistics stands for all operations related to the reuse of products and materials. However, reverse logistics involves a high degree of uncertainty, which affects and makes evaluation more difficult. It provides an overview of definitions, research and research opportunities in this field. It covers the return of damaged or unwanted goods and handling them in a way prescribed by management. By investing time into learning the different types of reverse logistics and the challenges involved in coordination and management, supply chain . Reverse logistics is the process of moving goods from their final destination back to the supplier. The chapters cover metrics for quantitatively comparing competing new-product designs for end-of-life disassembly on a reverse production line, how to use the theory of constraints thinking processes to determine the core problems in Reverse Logistics. If it is not clearly described as to how customers Framed differently, it is vital to understand how reverse logistics capabilities arise. It also involves product system designs that make recovery and reuse possible, efficient . How have they changed in the last 20 years? Ample opportunities exist for the growth of this field due to its multi-functional, and interdisciplinary focus. Focus your discussion on the following: Discuss their contributions to the field. Processes can be used to form a reverse logistics competency that Developing a theory of reverse logistics. Running head: REVERSE LOGISTICS IN THEORY Reverse logistics in theory Name Institution Course Date REVERSE The main concept is that reusable packaging, as well as outdated, damaged or defective products, can best be recycled or reused by the original manufacturer. Reverse logistics is the process of taking products back from customers. Reverse logistics, a fairly new concept in logistics, has gained increasing importance as a profitable and sustainable business strategy. Reverse Logistics in Theory. Informative Guide to Transportation Reverse Logistics - provides better logistics efficiency reduces operation cost overall, and promotes better customer service quality creation of accurate Bills of Lading (BUL) information transparency (tracking information, return information, authorizations, etc.) Reverse logistics is the planning and control process for the return of products from consumption or end user points to the manufacturer or distributor for their recovery, repair, recycling or disposal. Returns in the pharmaceutical industry are pegged to be worth more than $2.5 billion with the reverse flow of goods estimated at $5 billion. This is a new concept that has now started to redefine . The goal is to get the broken part back to the point where it can be repaired or reused. 8. Still, for companies that offer rentals, product pick-ups, or any type of shipment logistics management, the path . Scribd is the world's largest social reading and publishing site. (207) 'The theory and practice of Reverse Logistics', Int J Logistics Svstems and Management, Vol. The Reverse Logistics Executive Council defines reverse logistics as, "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 to recapture value or proper disposal. I describe a holistic view of reverse logistics and distill 11 insights for successful implementation of reverse logistics from the existing literature and published case studies. From their reading, the author has detected the lack of a desirable largely accepted consensus on what constitutes Reverse Logistics, either on what the range of activities should be included within its scope or how to denominate each of its options in a not fuzzy way. Recent, although limited, research has begun to identify that these . Reverse logistics activities involve the collection of returned products, inspection and sorting out into different categories, and disposition them for reuse, repair, remanufacturing or recycling. While the process flows of raw materials being turned into products and distributed to customers in forward logistics, the flow of information and material from the customer back to the companies' recovery facility are defined by reverse logistics. Reverse logistics, a fairly new concept in logistics, has gained increasing importance as a profitable and sustainable business strategy. This new concept certainly has practical . The features of reverse logistics are -. The five Rs of reverse logistics are returns, reselling, repairs, repackaging and recycling. Reverse logistics helps companies reduce costs, recover lost revenue, and improve customer service. RL is a research area focused on the management of the recovery of products once they are no longer desired (end-of-use products, EoU) or can no longer be used (end-of-life products) by the consumers, in order to obtain an economic value from the recovered products. proper destination routing It can be to recapture the value or create new value or simply for the disposal process. Running head: REVERSE LOGISTICS IN THEORY Reverse logistics in The strategic . commerce. Dowlatshahi, 2010. And Reverse Logistics collections that we have. In fact, there are a whole myriad of steps involved in reverse logistics and product returns. The supply chain integrating reverse logistics is gradually valued by business and academic circles [ 7 - 13 ]. The clarification of the concept matters for several reasons. Although neglected for years, the concept of Reverse Logistics is gaining popularity . Reverse Logistics in Theory Part 1 (3-4 pages, not including title & reference pages) (2-3 references w/in text citations) Identify an organization with a strong focus on distribution. The research on closed-loop supply chain coordination is a necessary supplement and improvement to traditional supply chain management. Reverse logistics is therefore yet another stage of the supply chain, and occurs after the "delivery" stage. Firstly, the claims process is important. The "entire logistics process" as mentioned above refers to more than the vehicle picking up the goods for return. This can encompass anything from returned goods, inward disposal/recycling of packaging materials, the . "It's been an afterthought for a long time," says Greg Aimi, a research director focusing on supply chain issues at Boston-based technology consultancy AMR Research. Reverse logistics in supply chain management can trace where products have been sold; they may inspect these for quality control. What qualifications do reverse logistics supply chain . Reverse logistics in pharmaceutical industry is a growing occurrence and holds high importance from economic, environmental, and regulatory points of view. Today, eradicating these groups is impossible due to poverty, low education, and unemployment problems. The data are collected through the online survey and paper survey with 400 . It also is . Although the concept of RL is well-known in logistics and supply chain management, the available holistic literature and theory of RL are scarce. The two key aspects of reverse logistics are returns management and refurbishing or . Reverse Logistics Definition. In the service industry, there are opportunities for refunds, warranty work, etc. ReverseLogix understands the challenges that returns pose and, in response, we have created an automated platform for centralized returns management. The 'Reverse Logistics Capabilities' box shows that firms, in general, may need to possess special capabilities to go through the process of RL. A cost-benefit analysis for the design and implementation of reverse logistics systems: case studies approach. The importance of reverse logistics is that it ensures profits are . It is "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.
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