REVERSE SUPPLY CHAIN AND REVERSE LOGISTICS

REVERSE SUPPLY CHAIN AND REVERSE LOGISTICS

PRABHAT MALIK (21SLAM1010009)
Under The Guidance of
NEHA VERMA
Galgotias University, Greater Noida

ABSTRACT
The notion of reverse logistics (RL) and reverse supply chain (RSC) has been a tremendously important focus of research for the whole history of contemporary corporate operations. Remanufacturing and refurbishing (RSC) and disposal (RL) are the terms used to describe the procedures involved in dealing with products and materials that have been returned. Conversely, conventional supply chain models stress the significance of a linear movement of products from producers to end users. Contrast this with the scenario that is outlined here. In the context of modern business, this abstract aims to shed light on the essential processes, core concepts, and major implications of RSC and RL. The abstract will zero in on modern corporate practices in particular.

Keywords: Reverse Supply Chain, Reverse Logistics, Returns Management, Remanufacturing, Refurbishing, Product Disposal, Circular Economy, Sustainability, Supply Chain Optimization.