Third-Party Reverse Logistics Selection: A Literature Review
Samin Yaser Anon,
Saman Hassanzadeh Amin () and
Fazle Baki
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Samin Yaser Anon: Department of Mechanical, Industrial, & Mechatronics Engineering, Toronto Metropolitan University, Toronto, ON M5B 2K3, Canada
Saman Hassanzadeh Amin: Department of Mechanical, Industrial, & Mechatronics Engineering, Toronto Metropolitan University, Toronto, ON M5B 2K3, Canada
Fazle Baki: Odette School of Business, University of Windsor, Windsor, ON N9B 3P4, Canada
Logistics, 2024, vol. 8, issue 2, 1-14
Abstract:
Background : This literature review delves into the concept of ‘Third-party Reverse Logistics selection’, focusing on its process and functionality using deterministic and uncertain decision-making models. In an increasingly globalized world, Reverse Logistics (RL) plays a vital role in optimizing supply chain management, reducing waste, and achieving sustainability objectives. Deterministic decision-making models employ predefined criteria and variables, utilizing mathematical algorithms to assess factors such as cost, reliability, and capacity across various geographical regions. Uncertain decision-making models, on the other hand, incorporate the unpredictability of real-world scenarios by considering the uncertainties and consequences of decision making and choices based on incomplete information, ambiguity, unreliability, and the option for multiple probable outcomes. Methods : Through an examination of 41 peer-reviewed journal publications between the years 2020 and 2023, this review paper explores these concepts and problem domains within three categories: Literature Reviews (LR), Deterministic Decision-Making (DDM) models, and Uncertain Decision-Making (UDM) models. Results : In this paper, observations and future research directions are discussed. Conclusions : This paper provides a comprehensive review of third-party reverse logistics selection papers.
Keywords: reverse logistics; third-party selection; sustainability; green logistics; decision-making models (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlogis:v:8:y:2024:i:2:p:35-:d:1369291
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