Article ID: | iaor20105694 |
Volume: | 7 |
Issue: | 2 |
Start Page Number: | 165 |
End Page Number: | 183 |
Publication Date: | Aug 2010 |
Journal: | International Journal of Logistics Systems and Management |
Authors: | Iakovou Eleftherios, Xanthopoulos Anastasios |
Keywords: | reverse logistics |
Today, an ever increasing number of enterprises undertake significant steps in order to maximise the financial value recovered from End-of-Life (EOL) products, while ensuring sustainable development. In this context, this work deals with the optimal configuration of efficient reverse logistics networks. More specifically, we first present a five-phased strategic methodological model for the development of reverse supply chains. Then, we provide a new mathematical programming model for enterprises that have already structured their forward supply chain and aim at being involved in EOL products' recovery processes. An application of the optimisation model is demonstrated, while obtained managerial insights are discussed.