Reverse Logistics & Close Looped Supply Chains

This lecture gives an overview of what reverse logistics is and its importance for Organizations. Product recovery options for Companies including Resuse, Refurbish/Repair, Remanufacturing, Cannibalization, Recycling, and Dispose are described. Additionally, difference between Forward and Reverse Logistics is discussed Closed loop Supply Chains are described and how they are being used globally is also discussed.