Enterprises are employing reverse supply chain (RSC) practices in their business to protect them from the environmental regulations made by the different countries. By practicing RSCM process the companies can get additional profits and it also improves the corporate image of the company. As a result of the rapid progress in technology, the product life… Read More »
The first important reason for adoption of the reverse supply chain process by the companies is, it reduces operating costs by reusing products or components. Reverse supply chains are becoming essential part of business because companies started recognizing the importance of the used products. Some companies are using reverse supply chains as an integral part… Read More »
Success of any business depends to a large extent on the efficiency of the supply chain. According to the Council of Logistics Management, supply chain 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 origin to the… Read More »