Product Recovery Options in Closed Loop Supply Chain Networks: A Literature Review
Chapter
Submitted version
Permanent lenke
https://hdl.handle.net/11250/3121590Utgivelsesdato
2023Metadata
Vis full innførselSamlinger
Originalversjon
10.1007/978-3-031-43688-8_42Sammendrag
The growth of the environmental concerns and resource scarcity have motivated organisations to rethink and reconfigure their supply chains. Closed loop supply chains (CLSC) have evolved from being merely a compliance requirement toward crucial capability to maximise profitability and resilience. One open question in the CLSC setting is to explore recovery policies in case of disruptions. This review focuses on analysing literature on recovery options and stakeholders involved during the past ten years. The results reveal that recycle and remanufacture are the mostly discussed options where other CLSC-related aspects have been rather neglected. Refurbish recovery option, in particular, is the least discussed area that offers extensive profit potential. Clear definitions are needed to distinguish recovery options from each other. Comparatively, the reverse supply chain needs more stakeholders due to the complexity involved. Our analysis reveals an increased demand for studies, which focus on maximum possible recovery options and optimum stakeholder configurations that match with the forward supply chains.