Reference: Panjehfouladgaran, H. and Lim, S.F.W.T. 2020. Reverse Logistics Risk Management: Identification, Clustering, and Risk Mitigation Strategies. Management Decision, Volume 58, Issue 7, 1449-1474.
Reverse logistics (RL), an inseparable aspect of supply chain management, returns used products to recovery processes with the aim of reducing waste generation. Enterprises, however, seem reluctant to apply RL due to various types of risks which are perceived as posing an economic threat to businesses. This paper draws on a synthesis of supply chain and risk management literature to identify and cluster RL risk factors and to recommend risk mitigation strategies for reducing the negative impact of risks on RL implementation.
