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A Modified Reverse Supply Chain with Remanufacturing for Sustainable Product Cycle

International Journal of Supply Chain Management

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Title A Modified Reverse Supply Chain with Remanufacturing for Sustainable Product Cycle
 
Creator Mahapatra, Rabindra Narayan
Biswal, B.B.
Mohanty, R.P
 
Description This paper deals with a new model, in which the stationary demand for a product can be fulfilled by remanufactured products along with newly procured product leading to minimum consumption of virgin raw materials. The remanufactured products are assumed to be as good as new ones and the returned items from the customers can be remanufactured at a fixed rate. The model helps in maintaining the goodwill of the customers by not allowing frequent stock outs by providing safety stock. A model is proposed and analyzed depending on the relationship between different parameters. An interpretive modelling based approach has been employed to model the reverse logistics variables typically found in reverse supply chains. A methodology is used for the calculation of optimum level for the newly manufactured items and the optimum level of the returned items for remanufacturing simultaneously. The major objective is to minimize the waste and gain the competitive advantage of cost of conversion. Moreover the company can sustain in the same line of business for a longer period of time. Keywords— Product recovery, remanufacturing, reverse supply chain, sustainable products
 
Publisher International Journal of Supply Chain Management
 
Contributor —
 
Date 2013-06-30
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/754
 
Source International Journal of Supply Chain Management; Vol 2, No 2 (2013): International Journal of Supply Chain Management (IJSCM)
 
Language en
 
Rights The copyright of the contribution is transferred to IJSCM in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature.The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJSCM.The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others.The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.