The benefits of reverse logistics
The benefits of reverse logistics
Author(s): Janusz Grabara, Mariana Man, Michal KolcunSubject(s): Economy
Published by: SciPress Ltd.
Keywords: logistics; reverse logistics; factors; objectives; marketing
Summary/Abstract: In conventional systems of prospect logistics, the flow starts from the raw material provided by suppliers, then manufactured parts and components for assembly of the end product which goes to consumers, and, when fully used can be recycled. The reverse logistics disposed of products eligible for repair, alteration, distribution of the parts, that can be reused as a raw material to be recycled for future use. It also generates the side products (hazardous waste, packaging, etc.). Reverse logistics provides companies with revenues and strategic benefits. Companies whose products are subject to regeneration can save up to 60 % of the estimated cost of a completely new product.
Journal: International Letters of Social and Humanistic Sciences
- Issue Year: 2014
- Issue No: 15
- Page Range: 138-147
- Page Count: 10
- Language: English