Abstract
In last couple of decades, green supply chain become a competitive strategy for survival in tough competitive market. There is no doubt that a number of European countries already adopted green supply chain practices successfully. Green supply chain concept gives a way to conduct a sustainable business and also prevent to environments from harmful effects of chemicals and pollution. On the other hand, green supply chain also reduce the cost of the end-to-end supply chain [1]. Many visible and invisible factors are exists in the process of reverse logistics but main factors are social reasons, Economic, Legal & Environment policies. But the economic factor is the directly involve in the implementation of reverse logistics. This paper will help to understand the phenomena involved in green supply chain management implementation as well as the barriers and drivers involved in green supply chain execution phases.
Highlights
IntroductionIn last few decades reverse logistics is become more important for the all stake holder of supply chain management [2]
According to researchers, in last few decades reverse logistics is become more important for the all stake holder of supply chain management [2]
Many consumers perceived re-manufactured products as a low quality. It is crucial for the growth of reverse logistics, first change to the negative perceptions of consumers regarding re-manufactured products in manufacturing industry [10]
Summary
In last few decades reverse logistics is become more important for the all stake holder of supply chain management [2]. Before management was taking “reverse logistics as an expense” and they through reverse logistics is only carry huge investments without return. If companies use reverse logistics carefully so they can save big amount, reverse logistics in the green supply chain is the process of “reverse flow of Goods”. In the U.S economy reverse logistics has a significant portion almost 11% approximately and every year it is growing. These reverse logistics magnitude is depend over the industry to industry, company to company as well as firm’s channel choice, means which channel they are using for reverse logistics. Reverse logistics is recovery of value from goods; it is the vital spirit of reverse logistics [3]
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