Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models

The awareness of sustainable supply chain management has increased noticeably during the last decade. With this trend and economical, political and consumer forces, closed loop supply chain or reverse supply chain management has been evolved to help companies in identifying possible advantages and c...

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Main Author: Naghashan, Mona
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23915/
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author Naghashan, Mona
author_facet Naghashan, Mona
author_sort Naghashan, Mona
building Nottingham Research Data Repository
collection Online Access
description The awareness of sustainable supply chain management has increased noticeably during the last decade. With this trend and economical, political and consumer forces, closed loop supply chain or reverse supply chain management has been evolved to help companies in identifying possible advantages and conquer challenges in their operations and strategies. The increasing attention to product reuse is not just due to environmental concerns and legislation but also the proven potential in profitability of reuse activities. This research puts forward an analytical approach to explore optimal closed-loop supply chain value recovery strategies. An analytical model can express the required parameters and factors that have direct or indirect impact on the company’s value recovery. The advantage of using the analytical models provided in this research is that they are widely applicable and not related to a specific industry or product range. An important factor in development of the models is the cost involved in each decision. Therefore, the best recovery policy in our cases is based on the minimum cost that emerges for the manufacturer. When considering different reuse alternatives, we found as more recovery options become available for companies, development of the optimum strategy turns out to be more complicated. In addition, the study has shown the dependency of value recovery on the demand profile, the returns rate (ρ), the residence time of products by the customer (L), and the secondary markets sale potential (f).
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format Dissertation (University of Nottingham only)
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spelling nottingham-239152018-01-11T10:39:38Z https://eprints.nottingham.ac.uk/23915/ Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models Naghashan, Mona The awareness of sustainable supply chain management has increased noticeably during the last decade. With this trend and economical, political and consumer forces, closed loop supply chain or reverse supply chain management has been evolved to help companies in identifying possible advantages and conquer challenges in their operations and strategies. The increasing attention to product reuse is not just due to environmental concerns and legislation but also the proven potential in profitability of reuse activities. This research puts forward an analytical approach to explore optimal closed-loop supply chain value recovery strategies. An analytical model can express the required parameters and factors that have direct or indirect impact on the company’s value recovery. The advantage of using the analytical models provided in this research is that they are widely applicable and not related to a specific industry or product range. An important factor in development of the models is the cost involved in each decision. Therefore, the best recovery policy in our cases is based on the minimum cost that emerges for the manufacturer. When considering different reuse alternatives, we found as more recovery options become available for companies, development of the optimum strategy turns out to be more complicated. In addition, the study has shown the dependency of value recovery on the demand profile, the returns rate (ρ), the residence time of products by the customer (L), and the secondary markets sale potential (f). 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23915/1/Dissertation_Mona_Naghashan.pdf Naghashan, Mona (2010) Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Naghashan, Mona
Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models
title Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models
title_full Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models
title_fullStr Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models
title_full_unstemmed Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models
title_short Optimising Value Recovery in Closed-Loop Supply Chains through Analytical Models
title_sort optimising value recovery in closed-loop supply chains through analytical models
url https://eprints.nottingham.ac.uk/23915/