Pricing Decision and Performance Analysis of Closed-Loop Supply Chain with Third-Party Reverse Logistics

2011 ◽  
Author(s):  
Xiao-fang Zhao ◽  
Xiao-min Zhao
Keyword(s):  
Supply Chain ◽  
Performance Analysis ◽  
Reverse Logistics ◽  
Closed Loop ◽  
Third Party ◽  
Closed Loop Supply Chain ◽  
Pricing Decision ◽  
And Performance

Product Resynthesis as a Reverse Logistics Strategy for an Optimal Closed-Loop Supply Chain

2013 ◽  
Author(s):  
Chinmay Sane ◽  
Conrad S. Tucker
Keyword(s):  
Supply Chain ◽  
Reverse Logistics ◽  
Closed Loop ◽  
Manufacturing Firms ◽  
Third Party ◽  
High Tech ◽  
Closed Loop Supply Chain ◽  
Supply Chain Strategy ◽  
Logistics Strategy ◽  
Original Product

With continued emphasis on sustainability-driven design, reverse logistics is emerging as a vital competitive supply chain strategy for many of the global high-tech manufacturing firms. Various original equipment manufacturers (OEMs) and multi-product manufacturing firms are enhancing their reverse logistics strategies in order to establish an optimal closed-loop supply chain through which they can introduce refurbished variants of their products back into the market. While a refurbished product strategy helps to mitigate environmental impact challenges as well as provide additional economic benefits, it is limited to an existing product market, possibly a subset of the existing market, and fails to commercialize/target new markets. In addition to refurbishing, the alternatives available for utilizing End-Of-Life (EOL) products are currently restricted to recycling and permanent disposal. In this work, the authors propose employing a new EOL option called “resynthesis” that utilizes existing waste from EOL products in a novel way. This is achieved through the synthesis of assemblies/subassemblies across multiple domains. The “newly” synthesized product can then be incorporated into the dynamics of a closed-loop supply chain. The proposed methodology enables OEMs to not only offer refurbished products as part of their reverse logistics strategy, but also provide them with resynthesized product concepts that can be used to expand to new/emerging markets. The proposed methodology provides a general framework that includes OEMs (manufacturers of the original product), retailers (distributors of the original product and collectors of the EOL products) and third-party firms (managers of the EOL products) as part of a closed-loop supply chain strategy. The proposed methodology is compared with the existing methodologies in the literature wherein a third-party supplies the OEM only with refurbished products and supplies products unsuitable for refurbishing to another firm(s) for recycling/disposal. A case study involving a multi-product electronics manufacturer is presented to demonstrate the feasibility of the proposed methodology.

scholarly journals Modeling and performance analysis of a closed-loop supply chain using first-order hybrid Petri nets

2016 ◽  
Vol 8 (5) ◽  
pp. 168781401664958 ◽  
Author(s):  
Imane Outmal ◽  
Ali Kamrani ◽  
Emad S Abouel Nasr ◽  
Mohammed Alkahtani
Keyword(s):  
Supply Chain ◽  
Performance Analysis ◽  
Petri Nets ◽  
Closed Loop ◽  
Closed Loop Supply Chain ◽  
First Order ◽  
Hybrid Petri Nets ◽  
And Performance

scholarly journals Managing Pricing of Closed-Loop Supply Chain Under Patent Protection

2015 ◽  
Vol 3 (1) ◽  
pp. 37-47
Author(s):  
Xiaogang Cao ◽  
Leqi Hua ◽  
Hui Wen ◽  
Yan Wu
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Decision Problem ◽  
Patent Protection ◽  
Closed Loop ◽  
Third Party ◽  
Closed Loop Supply Chain ◽  
The Third ◽  
Pricing Decision ◽  
The Third Party

AbstractThis paper studies the closed-loop supply chain decision problem in which the original manufacturer allows the third-party remanufacturer to remanufacture under patent protection. In the two cycle mode, the authors discuss the pricing decision problem of the original manufacturer, the retailer, and the third-party remanufacturer in centralized and decentralized decision-making cases. The authors obtain the optimal sale price and wholesale price of new products and remanufactured products in two cases, and the optimal recycling rate of used products in centralized decision-making case. Finally, the authors carry out the corresponding numerical simulation of the pricing decision.

OPTIMAL STACKELBERG STRATEGIES FOR CLOSED-LOOP SUPPLY CHAIN WITH THIRD-PARTY REVERSE LOGISTICS

2012 ◽  
Vol 29 (05) ◽  
pp. 1250026 ◽  
Author(s):  
NI-NA YAN ◽  
BAO-WEN SUN
Keyword(s):  
Supply Chain ◽  
Reverse Logistics ◽  
Closed Loop ◽  
Stackelberg Game ◽  
Wholesale Price ◽  
Third Party ◽  
Closed Loop Supply Chain ◽  
Decentralized System ◽  
Stackelberg Strategies ◽  
Scrap Recycling

Closed-loop supply chain (CLSC), especially the reverse logistics system with the third-party reverse logistics providers (3PRLP) is very important for materials return, remanufacturing, repair, recovery, recycling, and reusing. In this paper, based on a one-leader and multi-follower Stackelberg game with the manufacturer being the leader, we model a multi-echelon CLSC with 3PRLP under the consideration of impacts of environmental legislation on scrap recycling. Furthermore, in order to encourage the 3PRLP to exert him to return activities we design a target rebate-punish contract between the manufacturer and the 3PRLP under both stochastic price-dependent demands and stochastic effort-dependent returns. We analyze the closed-form analytic expressions for both united optimization strategies in centralized closed-loop system and the Stackelberg strategies in decentralized system, and conclude that the wholesale price contract may not coordinate the forward supply chain and the target rebate-punish may coordinate the reverse chain under certain conditions. Finally, according to the practice of Chinese steel enterprises we carry out some simulation experiments to validate our theoretical analyses and gain some insights into the impacts of reverse logistics activities on the practitioners operations and decisions.

scholarly journals Controlling Waste and Carbon Emission for a Sustainable Closed-Loop Supply Chain Management under a Cap-and-Trade Strategy

Mathematics ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 466 ◽  
Author(s):  
Mowmita Mishra ◽  
Soumya Kanti Hota ◽  
Santanu Kumar Ghosh ◽  
Biswajit Sarkar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
End Of Life ◽  
Carbon Emission ◽  
Closed Loop ◽  
Emission Trading ◽  
Third Party ◽  
Closed Loop Supply Chain ◽  
Chain Management ◽  
Carbon Emission Trading

Considering the increasing number of end-of-life goods in the context of improving the ambience and health of a population and their destructive impacts, recycling strategies are important for industries and organizations. In this article, a closed-loop supply chain management containing a single manufacturer, a single retailer, and a third party is introduced in which the manufacturer first propagates newly finished goods and then dispatches some of the finished goods to the retailer considering a single-setup multi-delivery policy. Due to shipping, carbon emission is taken into account as well as a carbon emission trading mechanism to curb the amount of carbon emissions by the retailer. For recycling through collection, inspection, remanufacturing, and landfill, the third party collects the end-of-life goods from its customers and ships perfect products to the manufacturer after a two-stage inspection. In this model, major sources of emissions such as shipping, replenishment orders, and inventory have been taken care of. The minimizing of the total cost relating to the container capacity, shipment numbers, and replenishment cycle length is the main objective of the closed-loop supply chain management for making the system more profitable. Expository numerical explorations, analysis, and graphic representations are conferred to elucidate this model, and it is observed that this model saves some percentage of the cost compared to the existing literature.

scholarly journals Closed-Loop Supply Chain: A bibliometric and visualization analysis

2021 ◽  
Vol 234 ◽  
pp. 00011
Author(s):  
Liudmyla Saher ◽  
Liubov Syhyda ◽  
Olena Korobets ◽  
Tamara Berezianko
Keyword(s):  
Supply Chain ◽  
Reverse Logistics ◽  
Closed Loop ◽  
Scientific Production ◽  
Closed Loop Supply Chain ◽  
Visualization Analysis ◽  
Current State ◽  
Country Clusters ◽  
Scopus Database ◽  
Productive Authors

Nowadays, enterprises have to be good for society, to take care of the environment, and to achieve profit at the same time. And the closed-loop supply chain helps them being so. However, there is a lack of bibliometric and visualization research in the area of “Closed-Loop Supply Chain”. Thus, this research aims to present a bibliometric overview to define the current state of scientific production regarding “Closed-Loop Supply Chain”. The review of 807 publications from the Scopus database (1995–2020) was conducted. Two combinations of words with the logical operator (“supply chain” AND “reverse logistics”) were used. The “title, abstract, keywords” field of search in the Scopus database was done. The visualization of the results was made using VOSviewer program to graphically map the material. The study used the co-occurrence of keywords and co-authorship (country) analyses. As a result, the most productive authors and journals were defined. The most cited studies were determined. Country clusters and keywords (co-occurrence) clusters were represented. The obtained results of the analysis and graphical presentations are relevant, and they form the basis for a better understanding of the concept of Closed-Loop Supply Chain.

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