Review of reverse logistics practices and their impact on supply chain sustainability

Temitayo Oluwadamilola Adesoga 1 *, Omolara Patricia Olaiya 1, Enyinnaya Prince Onuma 1, Olajumoke Oluwagbemisola Ajayi 1 and Oluwabusola Dorcas Olagunju 2

1 College of Business, Auburn University, USA.
2 Department of Project Management, Northeastern University, USA.
 
Review
International Journal of Science and Research Archive, 2024, 12(02), 162–168.
Article DOI: 10.30574/ijsra.2024.12.2.1216
Publication history: 
Received on 21 May 2024; revised on 28 June 2024; accepted on 01 July 2024
 
Abstract: 
In recent years, reverse logistics has become crucial in supply chain management, driven by sustainability, regulatory compliance, and economic efficiency. This review explores reverse logistics practices, which involve moving goods from their destinations back up the supply chain for value recapture or proper disposal through activities like returns management, remanufacturing, refurbishing, and recycling. Effective reverse logistics can yield significant cost savings by reclaiming value from returned products, reducing waste, and optimizing resource use, thereby enhancing operational efficiency, and mitigating environmental impact. Emphasizing environmental benefits, the review illustrates how these practices help companies reduce carbon footprints, lower raw material demand, and divert waste from landfills. Real-world examples highlight successful implementations and positive environmental outcomes. Economically, reverse logistics allows companies to extract substantial value from returned products, cutting production costs and meeting consumer demand for sustainable products. Socially, reverse logistics fosters job creation in recycling, refurbishing, and remanufacturing, promoting economic growth and community development. Despite challenges like logistical complexities and setup costs, the review provides insights into overcoming these hurdles through strategic planning, technological integration, and collaboration with third-party logistics providers. The role of technology, including IoT devices, big data analytics, and blockchain, is emphasized for their potential to streamline operations, improve tracking and transparency, and enhance decision-making. By adopting a comprehensive approach, businesses can achieve significant environmental, economic, and social benefits, contributing to broader sustainability goals and building resilient, future-ready supply chains.
 
Keywords: 
Reverse Logistics; Sustainability; Remanufacturing; Recycling; Supply Chain; Environmental Impact
 
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0