Current State Of Reverse Logistics Essay

Current State Of Reverse Logistics Essay

Length: 1448 words (4.1 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Introduction
Reverse logistics is a concept that has attracted considerable attention in the recent past because of the new interest in its processes. The increased interests in reverse logistics occur regardless of the little information regarding the size and extent of reverse logistics processes and activities. As the interests on reverse logistics have grown, the concept and its processes have been characterized by the emergence of new trends and practices. The focus of this project is to describe the current state of reverse logistics and attempt to determine and evaluate trends and practices. The determination of the recent trends and practices in reverse logistics incorporates examining the degree of its activities and processes in supply chain management. The author will focus on determining existing practices and trends, assessing them, and generating information regarding the trends in today’s reverse logistics practices.
Overview of Reverse Logistics Processes
In general, reverse logistics is a relatively new concept that has continued to attract considerable due to its link to inventory and supply chain management processes. According to Rogers & Tibben-Lembke (1998), reverse logistics is a relatively new and developing area or segment with only limited or minimal amount of information available. The supply management field has very little information that has been published relating to reverse logistics. The limited availability of information is partly attributed to the nature of its processes that generally differ from forward or outbound logistics.
Reverse logistics can be described as the backward or reverse procedure of logistics, which is largely viewed as the process of recycling goods. Unlike forward...


... middle of paper ...


...ure effective disposal. The significance of secondary markets is attributed to the fact that every system requires having a way of getting rid of unwanted or excess materials. The main role of secondary markets in relation to reverse logistics operations is that they act as drains for regaining value or disposal of defective products or unwanted materials. In the supply management processes of products, drains are similarly crucial since not all products or goods that are taken to retailers for sale are actually sold. Some of these products will be returned, which necessitates the development of a means for the system to deal with the products. The absence of the means or drains to deal with the materials or items would contribute to drowning in the unwanted material. Secondary markets act as effective drains or the system’s disposal measure for unwanted goods.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Building A Transportation Improvement Plan For Is Clemtex Inc. Essay

- Transportation is the cornerstone of our global economy. Every companies whether large or small wants to make a profit, and in order to make that profit they have to be able to transport goods efficiently to their consumers. According to Coyle, Novack, & Gibson (2015) transportation was referred to as the “glue” that holds the supply chain together. It is necessary for companies to develop and maintain a strong transportation plan to better meet the needs of their customers. After a great deal of thought and research, the company that I decided to develop a transportation improvement plan for is Clemtex Inc....   [tags: Supply chain management, Logistics, Transport]

Better Essays
1070 words (3.1 pages)

The Reverse Supply Chain: Question and Answers Essay

- 1. Is reverse supply chain management is efficient way to work efficiently. -Yes -No - Is reverse supply chain management is efficient way to work efficiently Frequency Percent Valid Percent Cumulative Percent Valid Yes 27 75.0 77.1 77.1 No 8 22.2 22.9 100.0 Total 35 97.2 100.0 Missing System 1 2.8 Total 36 100.0 Interpretation: maximum people think that reverse supply chain management is efficient way of working. 2. Is your company is working towards supply chain management....   [tags: Reverse Logistics]

Free Essays
816 words (2.3 pages)

Logistics Process Of Third Party Reverse Logistics Essay

- 1.1 Aims and objectives of the study The study will identify and present the uncertainties in the reverse logistics process of third party reverse logistics providers and to proffer optimisation solutions to mitigate or reduce these uncertainties. The methodology adopted to achieve these objectives includes an extensive literature review accompanied with a case study. The study will discuss relevant concepts, strategies and methods of optimisation of the supply chain. The goal of this study is to develop a stronger understanding of uncertainties in the third party retail logistics providers operations which act as delays in implementing reverse logistics activities successfully on behalf...   [tags: Supply chain management, Logistics]

Better Essays
754 words (2.2 pages)

Essay about What is Reverse Logistics?

- ... Earth bound’s supply chain platform is a high-tech RFID tracking system by that tracks the movement of every head of the 140 million pounds of lettuce it produces every year from its global network of farms all the way to the customers that bring them home. It is a system called as "farm-to-fork traceability" (Charlie Sweat, CEO Earthbound) and it was that system that created the blip. This system allowed Earthbound to carry out a targeted recall of the specific contaminated products long before any official word had been issued and before anyone got sick....   [tags: digital supply chain, peanut]

Better Essays
1255 words (3.6 pages)

Essay on Reverse Logistics & Outsourcing

- Reverse Logistics 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. It is the process of returning goods from consumers back to suppliers. Also comprises of sending new or used products backup stream for repair, remanufacturing, reusing, recycling and refurbishing activities....   [tags: business, row materials, inventory]

Better Essays
918 words (2.6 pages)

Essay about Reverse Logistics as an Integral Part of Supply Chain Management

- Introduction Most of us think of logistics as a one-way street. Products are manufactured, packaged, stored in a warehouse, sold, and then shipped off to the customer ... end of story. Yet for many logistics managers today, that's not the end of the story. In addition to managing outbound goods, they also are responsible for reverse logistics--the flow of returned goods and packaging, including customer service and final disposition of returned items. The need to manage waste materials and returned goods is growing in all kinds of industries....   [tags: Business Logistics Essays]

Better Essays
2595 words (7.4 pages)

Essay about Reverse Logistics

- Reverse logistics and the return portion of the supply chain is often an overlooked and mismanaged process. Companies tend to focus their efforts on the forward portion of supply chain management, while failing to take advantage of the many opportunities that reverse logistics presents (Benton, 2007). What these companies do not realize is that the effective management of reverse logistics has the potential to make them more profitable, and to add value to many other parts of their supply chain....   [tags: Supply Chain Returns Process Analysis]

Free Essays
1267 words (3.6 pages)

The Current State Of American Federalism Essay

- Dating back to the Constitutional Convention of 1787, the balance of national interests and states’ interest has been highly disputed as a part of our intricate government structure. The application of federalism has varied over time and that is evident by the evolving roles and relationship between the central government and the states. The current state of American federalism cannot be accurately defined by a single practice of federalism but rather a “complex mix of all the elements our nation’s political system has experienced in the past” (Bianco and Canon 2015, 83)....   [tags: U.S. state]

Better Essays
1256 words (3.6 pages)

Proposed Plan to Reverse the Current Foreclosure Crisis Essay

- Optometrists label 20/30 as imperfect vision, but soon, financial advisors will see 20/30 as the perfect vision for solving the worst home foreclosure crisis since The Great Depression. For obvious reasons, those on the verge of foreclosure are suffering; however, foreclosures negatively impact other parties as well. They cause major harm to surrounding neighborhoods and businesses, bring about additional foreclosures, and decrease home prices. The relocation of families severs community bonds and damages businesses....   [tags: foreclosure, real estate, financial]

Better Essays
1751 words (5 pages)

Beverage Industry Logistics Essay

- Designing the optimized distribution network for carbonated soft drink industry Introduction National and International businesses are becoming ever more dependent on logistics and supply chain management in order to keep pace with the demands of an increasingly global economy. This is why business leaders acknowledge that the supply chain can be a value creator and a source of competitive advantage. Logistics management is defined according to The Council of Supply Chain Management Professionals (August, 2013) as “Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, servic...   [tags: Logistics Management Essays]

Better Essays
2902 words (8.3 pages)