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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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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Introduction Reverse logistics is described as the function of handling returned products due to damage‚ expiry‚ end of life & recalls etc. In organizations there are a number of activities that describes Reverse Logistics management but are not recognized and controlled (Fassoula‚ 2007). Reverse Logistics (RL) can be considered as a way to understand the process of movement of products from downstream to the point of production for the purpose of recapturing value and proper disposal (Khan &
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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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STUDY OF REVERSE LOGISTICS: A comparative study of LPG Agencies in Urban and Rural areas Synopsis Submitted to the D.Y. Patil University In partial fulfillment of the requirements for the award of the Degree of MASTERS OF BUSINESS ADMINISTRATION Submitted by: BHAVIKA MISTRY (Roll.No.013007) To‚ Research Guide Sir Manish Rai School of Management D.Y. Patil University CBD Belapur‚ Navi Mumbai SEPTEMBER 2014 SYNOPSIS APPROVAL FORM
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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
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turnover • Turn/earn index • Gross margin return on investment • Adjusted gross margin (i.e.‚ gross margin considering your average inventory investment) • Percentage of excess inventory • Planned excess (what vendors force you to buy in excess of what you need). Spreadsheet 2: Price Break (Item) If a vendor offers you a lower price per piece for a
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PHYSICAL ASSETS REQUIRED FOR MULTI MODEL TRANSPORT LOGISTICS-WAREHOUSES 1. Warehouses—Introduction ‚ types A warehouse is a commercial building for storage of goods. It has loading docks to load and unload goods from trucks. Warehouses are used by manufacturers‚ importers‚ exporters‚ wholesalers‚ transport businesses‚ customs‚ etc. A warehouse has cranes and forklifts for moving goods. Multi modal transport entails movement of goods in containers by multiple modes of transportation
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NOKIA: Reverse logistic & recycling Nokia is one of the biggest mobile manufacturers in world. Nokia works with carefully selected companies who reclaim materials from the phones and accessories. It passes on to third party recycling or recycles itself. These companies are assessed on a regular basis to make sure anything handed to them is recycled responsibly. It has been running take-back campaigns since the late 1990s and regularly works with environmental organizations or non-governmental
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