A Comprehensive Evaluation of Closed-Loop Manufacturing and Reverse Logistics for Sustainable Engineering Management

Abstract

The modern business landscape has witnessed a transformative shift in supply chain management, marked by the transition from the traditional "classic supply chain" approach to the emergence of sustainable practices. Sustainability, a concept now permeating various fields, has led to the development of Sustainable Supply Chain Management, characterized by a closed-loop methodology. This approach integrates forward and reverse supply chain activities, emphasizing the creation, use, and recycling or disposal of products within a closed system. While Reverse Logistics deals with the return and environmentally responsible management of end-of-life products, Closed-Loop Supply Chain Management encompasses the entire supply chain, with the primary objectives of minimizing production costs and environmental impact, predominantly through the promotion of reuse and recycling. This abstract underscore the differences between these concepts, elucidating their individual roles in achieving a more sustainable and environmentally conscious business ecosystem. With a growing emphasis on closed-loop supply chain management, industries and researchers alike are increasingly recognizing its potential to drive sustainability and reduce waste, making it a focal point for future endeavors.