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About Evolution of Closed-Loop Supply Chians
Reverse supply chains deal with the return of products or materials from customers back to manufacturers. They are more complex than forward supply chains due to uncertainties in return quantities and timing. Integrating reverse and forward supply chains into a closed-loop system provides benefits like mitigating the bullwhip effect and maximizing sustainable returns. Reverse supply chains are important for industries like electronics, automobiles, and pharmaceuticals where products have short lifecycles or safety regulations require proper disposal of unused or expired goods. As sustainability concerns grow, effective reverse logistics will become increasingly vital for companies to remain competitive.
Detailed Information
| Author: | ['AnnyatamaBhowmik'] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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