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Building Circularity into Reverse Logistics Systems
The need to address customers expectations over time when it comes to providing spare parts and accessories, especially when the main product is phased out, leads to a catch 22: keeping old stocks on hands takes space and immobilized cash, but is a real asset on the long run to bring lost customers back to you. The question can be shared based on 3 different aspects: - the CFO's point of view (inventory write off Vs. purchasing value) - the supply chain and sales point of view (the hassle of keeping those stocks Vs. The resale price increase) - the customer's point of view: who can provide me with the parts I need, regardless of the price
To recycle, reduce and reuse provides environment friendly ways to reduce negative impacts of growing amounts of waste on the natural environment. 3R’s for keeping the earth, a better place to live and optimizing your cost of operations. The presentation examines Muthaiya's experiences on how 3R’s is used.
Latest Strategies in Reverse Logistics presented by Yogesh Sarin of Dell Technologies.