Year: 2025
Type: conference-paper
Abstract: as the global economic integration development, technology brings revolutionary technology to challenge the traditional model.The reverse logistics industry is also undergoing significant changes.In recent years, the economic benefits of reverse logistics in a significant increase and in estimated it will grow further in the future.The use of RFID technology solved some Long existence issues that hinder the development of reverse logistics, such as, the choice of location for return products, the value of recycled goods.Currently, there are a lot of companies have embedded RFID technology into reverse logistics and based on this technology developed a database.This paper based on review the previous literature, summarized some problems of the reverse logistics, created a model that collection of information through the RFID technology in reverse logistics, also, provide and analysis the promise and pitfalls that brought by RFID.Under this model, RFID technology combined supply, warehouse, manufacture, retailers and other departments' information, then through data center sharing these real-time data.Based on the information is transparency and it was sharing between each other, we add a virtual currency to replace the reality cash flow in the reserve logistics.This measure can greatly improve the utilization of funds and reduce the total cost of reverse logistics.The significance of this study is to improve the existing reverse logistics model, through using advanced technology products to solve some drawbacks that have long been existed in reserve logistics industry.The established of real-time data center will better coordination the operation of reverse logistics.The development of virtual currency will impact the funds control of the banks and improve the utilization of funds, also to avoid some loss which caused by funding policies in reality environments. I. INTRODUCTIONIN 1998, the director of the American Reverse Logistics Implementation Committee Dr. Rogers and Dr. Tibben-Lembke published the first book of the reverse logistics (Going Backwards: Reverse Logistics Trends and Practices), this book researched mainly from the primacy of reverse logistics, management of reverse logistics, reverse processing and secondary markets, the environment of reverse logistics, enterprises reverse logistics, reverse logistics industry and future trends seven aspects, and have a comprehensive comparison with literature.During 1992 to 1998, some scholars carried out the number of model of reverse logistics,
Author: Kai Hu
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W2185526030