Collaborative IT Disposition And Reverse Logistics – Future Perspective
When shortages plagued the supply chain during World War 2, the Government initiated certain cost-cutting measures like recycling of products. Industries like the automobile factories started reusing parts for vehicles and also started using such cost-effective modes of transportation. Today products are virtually cluttering the environmental logistics. Reverse logistics began to take its shape by improving transparency throughout the supply chain, thereby effectively reducing the risks involved and making sure the focus stayed on collaborative relationships.
Environment and economic issues have remarkable effects on reverse supply and it has become the cornerstone of sustainable chains. The reverse logistics theory outweighs the traditional approach in such a way that, the former generates more integrated supply chains leading to economic stability. The IT recovery solution experts at the TraceTM IT asset recovery solution is looking forward to implementing the practical aspects of reverse supply of goods by refurbishing existing e-waste. E-waste recycling is a process that is gaining popularity due to many reasons according to the website http://www.ksewaste.org/ewaste_why.htm
Return management requires adequate planning and should be implemented with a clear written policy. The product life-cycle and guidelines for the cost of returning the product should be recorded. It is one of the most important business activities which manage the flow of products in reverse. i.e., it starts from the point of consumption to the point of origin, making the maximum utilization of the product. With the growing alarm of environmental impact made by e-waste, companies cannot neglect reverse logistics for their operations. The change of shopping patterns (online) with concurrent increase in return volumes due to complex devices, and hazards on environment they pose are some of the challenges that companies should tackle in the business. Reverse logistics can play a major role here. It is the breakthrough for overcoming all these hurdles.
Reverse logistics however does present a certain amount of danger and additional expenses if the goods returned do not meet the original requirements. The low profile products returned will pose complexity of issues and combined regulatory standards. The IT Asset Disposition partner plays their role here. They are in-charge of providing policies that blend with the environment making it more feasible and also elaborating social responsibility. Companies began to delve into the wide range of reverse logistic activities due to various reasons. Compliance being the primary drive, the legislations and policies implemented from waste management to extended use of the goods throughout its life cycle.
Your own raw material supplier is another rationale for return management. Resources are scarce and lack of raw materials probe manufacturers to anchor to their business in a sustainable way. Refurbishing ideas are put forth by companies to circumvent these challenges. Preserving the brand name is another approach followed. Customer-focused prestige of the brand is the social responsibility of the company. They should maintain their products and services at a standard level too. Thus, reverse logistics, with its known future endeavours, has become the most important approach every business firm holds to succeed in the market.
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