SUPERIOR PERFORMANCE THROUGH GREEN AND REVERSE LOGISTICS BY ORGANISATIONS
SUPERIOR PERFORMANCE THROUGH GREEN AND REVERSE LOGISTICS BY ORGANISATIONS
1.0 Introduction
1.1
Background of Study: explain the topic,
explain variables, explain other related variables,
Reverse logistics
(RL) is a key factor of Supply Chain Management. RL can be defined 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 for the
purpose of creating or recapturing value, or proper disposal”. RL can be
understood as a strategic resource that can help the firm obtain a competitive
advantage through the efficient recovery of the value of products (Encarnación
García-Sánchez, 2018)In response to high volumes of the returned products, organizations are taking measures to guide and illustrate the reversal of flows in the supply chain, i.e., reverse logistics. With reverse logistics programs firms and organizations seek cost savings and efficiencies related to reclamation, redistribution, and disposal of products returned “upstream” to the retailer or manufacturer. (Ellinger, 2011)
It is Also considered as product recovery options, describe that right management of product disposition is a strategic move that paves the way towards superior and efficient performance. (Kuan Siew Kho, 2012)
According to Steele and Rodrigues (2008) there are five different key areas for reverse logistics:
1. Returns prevention and warranty/repair policies
2. Logistics
3. Repair operations
4. Recycling and reuse
5. Product design for environment and service. (Nylund, 2012)
· Technological skills
· High cost
1.2
Research Problem: Clearly write what actually
is the problem
There are many
problems and challenges facing by many companies in their supply chain
management. Some of the main problems are:· Technology strategy and management.
1.3
Research Questions: What are the research
questions (1-2-3) that you will answer at the end of analysis
Q#1. Where does the
returned product from reverse logistics go? Ex. Warehouses, recycling
facilities. (Nylund, 2012)
Q#2. How reverse logistics could bring change in supply chain efficiency?
Q#3. What are the challenges faced in reverse logistics?
1.4 Research Objectives: Why you are doing this research? In order to solve the problem
To bring change in the business performance of the organizations.
By Kahkshan Asif ☺
Well written
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