Reverse logistics: Understanding end-of-life product management
Matthew Wilson and
Sean Goffnett
Business Horizons, 2022, vol. 65, issue 5, 643-655
Abstract:
As firms respond to stricter regulations and increasing consumer expectations, reverse logistics programs to support end-of-life product management strategies have become more prevalent. Despite a growing body of theoretical literature on this topic, many firms struggle to implement efficient and effective reverse logistics systems. In this article, we identify common strategic, tactical, and operational considerations needed to design reverse logistics programs and offer industry examples to show how organizations have excelled in these areas. Through a synthesis of literature and examples, we provide key takeaways across a range of reverse logistics activities. We present ways in which managers can implement best practices in reverse logistics that not only benefit the environment but also generate societal and stakeholder value, augment and improve customer service and loyalty, and increase market share and revenue capabilities.
Keywords: Reverse logistics; End-of-life strategy; Product returns; Circular economy; Product marketing (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:65:y:2022:i:5:p:643-655
DOI: 10.1016/j.bushor.2021.10.005
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