Reverse logistics stands for all operations related to the reuse of products and materials. 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. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of capturing
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Going Backwards: Reverse Logistics Trends and Practices Going Backwards: Reverse Logistics Trends and Practices University of Nevada‚ Reno Center for Logistics Management Dr. Dale S. Rogers Dr. Ronald S. Tibben-Lembke © 1998‚ Reverse Logistics Executive Council Contents in Brief CHAPTER 1: SIZE AND IMPORTANCE OF REVERSE LOGISTICS 1 CHAPTER 2: MANAGING RETURNS 37 CHAPTER 3: DISPOSITION AND THE SECONDARY MARKET 73 CHAPTER 4: REVERSE LOGISTICS AND THE ENVIRONMENT
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Field of study: Reverse Logistics | Topic: Managing returns for increased Reverse Logistics profits. | | | Research Proposal Alcuin Ninian Dhilip II MIB‚ 11SJCCMIB00 Managing returns for increased Reverse Logistics profits Reverse Logistics is one the most overlooked elements of the complete operation cycle. There is a perception that returns are a necessary evil to be avoided at all costs‚ Even though reuse of products and materials
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1. What is reverse logistics (RL)? How does it differ from forward logistics 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. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of
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Yogesh Nimje PGDM‚ 2nd year Roll No. 2011015 Spl: Operations Reverse Logistics in Automotive Industry The review of literature:- Various studies are done in the reverse logistics and factors considered in these studies such as barriers‚ challenges‚ environmental issues faced by the logistics and supply chain industry. Reverse logistics has been defined as ‘The process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚
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analyzed and interpreted in sub-sections 4.9a to 4.9o. 4.9a Reverse Logistics Costs : Factor - ’ Top Management Commitment ’. Table 4.9a. Reverse Logistics Costs: Factor - ’ Top Management Commitment ’. a Level of Importance. Not at all Important Least Important Somewhat Important Important Highly Important Total No. of Respondents 0 0 7 197 64 268 % Respondents 0.0 0.0 2.6 73.5 23.9 100.0 Note. a Level of Importance : Not at all Important to Highly Important.
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Impacts of Reverse Logistics on the Environment Name: Institution: Impacts of Reverse Logistics on the Environment Introduction Logistics The first thing that comes in mind when one hears the word logistics is the transportation of goods from one place to another but behold‚ the definitions of logistics is the well coordinated channeling of material and information across the chain of supply (Weken and Hoek‚ 1998). In supply chain management‚ it is the link between each tier in a chain of
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REVERSE LOGISTICS: CHALLENGES AND ISSUES FACED BY THE MAJOR RETAIL PLAYERS IN THE UK. INTRODUCTION: “In the sweat of your face you shall eat bread till you return to the ground‚ for out of it you were taken; For dust you are‚ And to dust you shall return.” Genesis 3:19. Effective and efficient management of product returns is an intriguing practical and research question. Growing green concerns and advancement of reverse logistics (RL) concepts and practices make it all the more relevant
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17-9-2013 What is reverse logistics (RL)? How does it differ from forward logistics? Many organizations and individuals have tried to define Reverse Logistics. We refer to the term "reverse logistics" as all activity associated with a product/service after the point of sale‚ the ultimate goal to optimize or make more efficient aftermarket activity‚ thus saving money and environmental resources. Other terms synonymous to Reverse Logistics™ (RL) are Aftermarket Logistics‚ Retrogistics‚ or Aftermarket
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“Reverse logistics and environment empathy: reversing logistic chain and reducing e-waste‚ a qualitative analysis” ABSTRACT With rise of consumerism and rapidly changing technologies to cater to emerging needs of affluent consumers electrical and electronics industry has undergone several changes and innovation in terms of technology and hence product. Along with every technological up gradation‚ product obsolescence is also increasing at a fast pace aided by various subjective factors of individual
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