Closed-Loop Supply Chains

James D. Abbey, V. Daniel R. Guide, Jr.

Research output: Chapter in Book/Report/Conference proceedingChapter

3 Scopus citations

Abstract

This article investigates closed-loop supply chain (CLSC) as a process flow. It then presents the evolution of CLSCs as a fundamental piece of the broader business and the natural environment (B&NE) related framework of reduce, reuse, and recycle. It addresses how reverse supply chains differ from forward chains, what activities drive a reverse supply chain, and how a CLSC coordinates the forward and reverse supply chains. Product acquisition management (PrAM) focuses on obtaining the used products from the user. The three core facets of PrAM systems are presented. The reduce, reuse, and recycle (3R) hierarchy can be used to gain a more holistic view of CLSCs. Finding an appropriate contract or other means to align the incentives can prove crucial for acquiring the returned products. The future of CLSC will require a more holistic view of CLSCs across multiple business disciplines.

Original languageEnglish (US)
Title of host publicationThe Oxford Handbook of Business and the Natural Environment
PublisherOxford University Press
ISBN (Electronic)9780191735318
ISBN (Print)9780199584451
DOIs
StatePublished - Jan 2 2012

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)

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    Abbey, J. D., & Guide, Jr., V. D. R. (2012). Closed-Loop Supply Chains. In The Oxford Handbook of Business and the Natural Environment Oxford University Press. https://doi.org/10.1093/oxfordhb/9780199584451.003.0016