Year: 2024
Type: article
Abstract: This research focuses into how crucial reverse logistics is to incorporating circular economy ideas into supply chains. Reverse logistics has become an essential technique for increasing resource recovery, cutting waste, and boosting operational effectiveness as sustainability becomes a rising priority for businesses. This study examines how reverse logistics strategies support product reuse, renovating, and recycling in order to promote the circular economy. The research analyses best practices and challenges related to implementing reverse logistics across different industries through an extensive literature review and case study analysis. The results suggest the mutually beneficial interaction between circular economy techniques and reverse logistics, as well as their combined impact on the development of sustainable business models. In the end, this study aims to offer practical insights and suggestions for companies wanting to improve their circular economic activities through effective reverse logistics management helpful insights and suggestions.
Authors: S Sankar, Gijendran V
Institution: Sri Sairam Engineering College
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4408417291