Review of Reverse Logistic Practices in Modern Companies
- February 15, 2020
- Posted by: RSIS
- Categories: IJRISS, Social Science
International Journal of Research and Innovation in Social Science (IJRISS) | Volume IV, Issue I, January 2020 | ISSN 2454–6186
Review of Reverse Logistic Practices in Modern Companies
Kathure. F.1, Arani. PhD2
1Gretsa University, Kenya
2Multimedia University, Kenya
Abstract: Over the last decade reverse logistics has received growing attention given the convergence several situations. On the other hand, there is a genuine concern about environmental matters and sustainability of the intended development from the entire process. Most manufacturing industries are currently facing challenges in complying with the regulatory requirements from the regulatory bodies(Alfred Eshikhati & of Nairobi, 2014). The cost of non-compliance with the environmental requirements could attract great expenses as well as time consumption. Reverse logistics is perceived to enhances and promote customer loyalty and service, trust on company’s products, recovery of asset value faster and achievement of a sustainable objectives and goals. Reverse Logistics (RL) aims at improving product, enhances stakeholder’s relationship customer satisfaction and motivation and sustainability. A number of studies reveals the impacts of adoption of various RL practices with none showing specifically the effects of reuse, remanufacture and RL practices on performance of manufacturing firms in modern companies especially in Kenya.
I. INTRODUCTION
Reverse logistics is “the process of moving goods from their typical final destination for the purpose of capturing value, Remanufacturing, refurbishing activities, all activities after the sale of the product and proper disposal being sensitive on the clean and safe environmental matters and sustainability. According to (Biswas, 2018) RL practices refers to the procedure of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from origin with an aim accruing value and or proper disposal. Product remanufacturing involves; first collection from the typical final destination, assessment and repair or reconstruction of the products including rebranding, replacement of the dysfunctional part to restore their use. Remanufacture occurs if there are limited possibilities of reuse of the items or not. Proper management of remanufacturing practices creates perfect and profitable opportunity and realization of value that would go into loss (Alfred Eshikhati & of Nairobi, 2014).