Friday: Reverse logistics Flashcards
Whats the definition of Sustainable development
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs
Name the four main goals of designing and managing sustainability-focused systems in a company.
- Following laws and regulations
- Choosing to follow voluntary certifications and standards
- Promoting values of environmental respect and social responsibility
- Increasing competitiveness by reducing costs and waste, and improving sales, profits, and reputation
Define a sustainable supply chain.
To strategically implement social, environmental, and economic goals in the company in order to improve the long-term economic performance
Define Sustainable Supply Chain Management
Managing material and information flows while considering goals from all three dimensions of sustainable development
Give a example of Sustainable Supply Chain Management practices.
- stakeholder engagement
- product/process design
- Life Cycle Assessment (LCA)
- materials selection and sourcing
-manufacturing processes
-waste transportation of final products and services to consumers
-end-of-life management of products
-closed-loop systems
what is the Triple Bottom Line?
framework for evaluating a company’s performance considering the three P’s: People, Planet, and Profit.
Do a TBL of Procurement / Sourcing
Profit: Transport savings, Improved product quality
Planet: Reduce demand for transport, switch transport mode, Reuse of packaging materials
People: Supplier selection and assessment, Codes of conduct for safe working conditions
Do a TBL of Manufacturing
Profit: Increased job satisfaction and productivity, Resource utilization, Energy efficiency
Planet: Elimination of waste, Modular design and use of environmentally friendly packaging, Reduced energy consumption
People: Automation of physical or monotonous work to improve working conditions, Job rotation and enrichment, Labour equity, Training of employees
Do a TBL of Logistics
Profit: Consolidate shipments to customers, Increased resource utilization
Planet: Development of Information Technology tools, Collaboration among logistics providers
People: Training and education of employees in transport and warehousing, Warehouse layout to minimize walking distance, Reduced congestion in urban areas
What is Reverse logistics?
Reverse logistics is the process of moving goods back from the customer to the company, rather than the usual forward path from company to customer. It includes activities like returns, repairs, recycling, and disposal.
Describe the closed-loop supply chain
FORWARD LOGISTICS: Procurement /
Sourcing –> Production of parts –> Production of
product –> Market –>
REVERSE LOGISTICS: Collection –> Test –> Redistribution –> Disposal or Recycling or Remanufacturing or Reuse
What can be the uncertainties of a closed-loop supply chain?
- quality and condition of recovered products
- Uncertainty about consumer behaviour (willing to purchase/price)
-Infrastructure Needs (Efficient returns need well-placed collection points and resource-intensive processes)
Name the five types of return flows?
- Consumer return (defects found by customers)
- Marketing return or distribution return (withdrawing products at the end of the season)
- Asset return (recover an asset to redeploy it differently)
- Product or manufacturing recall (occurrence of safety problems for the user)
- Environmental return (Waste Electrical)
Define a open-loop system and closed-loop system.
Open-loop system: from customer –>
Collector or Secondary
market or Distributor
Does not go back to the supplier, not to recycler!
Closed-loop system: from customer –> Collector or Distributor or Recycler –> Manufacturer or Supplier
Can go back to the supplier, not to a secondary market!
Describe the recovery options, from high value to low value.
- Reduced use of resources
- Reuse or resale
- Remanufacturing or reconditioning
- Recycling or collecting parts
- Disposal with energy
recovery - Disposal
without energy
recovery
