The growing interest in reverse logistics has many reasons, of which, consumers and governments concerns for environment being the primary reason. The growing desire of customers to acquire the latest technology, along with the rapid technological development in every industry, has led to a new environmental problem: waste, consisting of both end-of-life products and used products (products that are discarded prematurely). Increased consumption results in increased use of raw material and energy, thereby depleting the finite natural resources of the world. This environmental degradation is not sustainable by the eco-system of the earth. This environmental issue, in addition to government regulations is the major driving force for companies to engage in the reverse supply chain activities. Apart from the environmental regulations, reverse supply chains reduce the operating costs by reusing products or components.
End of life products, supply chain management, Taguchi loss functions
Recycling (Waste (etc.))
Copyright 2007, Surendra M. Gupta
Gupta M. Surendra
Gupta, Surendra M. and Nukala, Satish, "Supplier selection in a closed-loop supply chain network" (2007). . Paper 111. http://hdl.handle.net/2047/d1001357x
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