60 likes | 177 Views
Major issues not handled so far in the course. Financial Impact of Reverse SC Strategies. Product recovery strategies. Do nothing Support Third party recycler/remanufacturer Long term contract with recyclers Joint venture with recycler Establish Industry consortium
E N D
Product recovery strategies • Do nothing • Support Third party recycler/remanufacturer • Long term contract with recyclers • Joint venture with recycler • Establish Industry consortium • Vertical integration into product recovery
Factors influencing strategies • Forward and reverse integration • Reuse policy • Sharing of proprietary information • Role of specialized materials • Leveraging competencies
Role of Governments and States • In India, government enacted lot of legislation on product disposal but implementation is in poor state • Companies are not acting as per law • As part of CSR, few companies do some activities related to collection and disposal
Consumer awareness • Our environment awareness is low • Educated customer do more damage than rural uneducated customers • Consumer movement may force companies to practice reverse logistics