Enhancing Closed-Loop Supply Chain in Global Supply Chain

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Author(s): Kijpokin Kasemsap (Suan Sunandha Rajabhat University, Thailand)
Copyright: 2018
Pages: 22
Source title: Supply Chain Management Strategies and Risk Assessment in Retail Environments
Source Author(s)/Editor(s): Akhilesh Kumar (Indian Institute of Technology Kharagpur, India)and Swapnil Saurav (JDA Software, India)
DOI: 10.4018/978-1-5225-3056-5.ch009

Keywords: Business & Management / Business Science Reference / Operations and Service Management / Supply Chain Management

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Abstract

This chapter explains the overview of Closed-Loop Supply Chain (CLSC); CLSC activities and reverse logistics outsourcing in global supply chain; and the applications of CLSC in global supply chain. CLSC, the integration of the forward and reverse supply chains, is an emerging area of interest as firms seek to reduce the costs of product returns, increase profits through value recovery, and meet more rigorous environmental standards. In CLSC, the original manufacturer will take the used product and remake it. CLSC deals with the uncertainty in the timing, location, quantity, and quality of returned products. CLSC integrates the returns of end-of-life products from end-users to retailers, manufacturers, and suppliers for refurbishment, remanufacturing, and recycling. The chapter argues that enhancing CLSC has the potential to reach strategic goals toward sustainability in global supply chain.

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