Reverse logistics is the set of activities that is conducted after the sale of a product to recapture value and end the product's lifecycle. We’re also in the twittersphere, so give us a follow to get the latest logistics and supply chain news! The concept of reverse logistics involves the movement of materials from the point of consumption back to the point of origin. On the other hand, waste managementinvolves mainly the collection and treatment of the waste products that have got no new use. Though recycling is generally agreed by most consumers to be good for the environment, the actual cost of the process is something that isn’t discussed. Define recycling. Green logistics is the process of minimizing damage to the environment due to the logistics operations of an organization. Businesses examine every area of their supply chains to reduce costs. The activity or process of extracting and reusing useful substances found in waste. Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers’ requirements. Reverse logistics being a new subject has been perceived to mean reversed logistics, returns logistics or reverse distribution. The online and e-commerce sector is also making strides towards lessening its environmental footprint according to Dennis Colley, the president of the Fibre Box Association — the trade group for the corrugated paper, or cardboard, industry — who states that 90 percent of corrugated packaging were recycled. 5 Questions to Ask Before Selecting a 3PL, The West Coast Port Labour Dispute: One Year Later, © 2016 Morai Logistics Inc. Website developed in collaboration with, price of oil has gone from over $100, to just beneath $30 a barrel, are also impacting recycling cost and efforts, produced 35.4 million tons of containerboard in 2014, Top 10 Supply Chain Trends for 2021 – Part 1, The Digital Transformation Imperative in a Post-COVID 19 World, The Top 6 Supply Chain Trends in the Year of COVID-19, Building a Strong Supplier Relationship: The 5 Essentials. RMR offers great capabilities in swiftly establishing professional logistics support. For some context, The United States alone produced 35.4 million tons of containerboard in 2014. In less than two years, the price of oil has gone from over $100, to just beneath $30 a barrel. DataDocks provides an online platform that allows both the recyclers’ team and its customers the ability to book appointments for the company’s logistics, says DataDriven Recycling. Logistics Recycling Inc provides specialized logistics and recycling services collecting managing and disposing of regulated waste streams. Learn more. %PDF-1.6 %���� h�b```e``:�����[� € "@1V �� ���Y��ak�@'Ë�C���pX3L���0��������l����v���P������}��#��� ����kKE��0)m����ˀ��������A���Hit40 )���� ��;������ ����?��9��SCT�c:��V �u be���~�U��7��"��@&. The public is only … 706 0 obj <>stream recycling definition: 1. the process of collecting and changing old paper, glass, plastic, etc. In Trinidad and Tobago we use the term recycling to cover (1) the collection of waste ma ... terials for recycling; and (2) the processing of waste materials in readiness for use by … “Recycling” is intended to make us all do the latter under the pretense of doing the former. Greenness has become a c… logistics chains for PET recycling. Table 1: Summary of some studies on Reverse Logistics and Recycling ” This, in turn, is dragging down the price of recycled materials, straining every part of the recycling industry” it continues. Logistics. An Introduction to the Landscape of What is Reverse Logistics. Sustainable logistics solutions like recycling and reusing delivery packaging are affordable ways for online businesses to make same-day deliveries eco-friendly and satisfy their customer base. As oil prices continue to fall, so does the profitability of most companies who offer recycling services to cities and other businesses. The reduced price in oil isn’t alone in negatively impacting the recycling sector. SUPPORT RECYCLING. It typically involves returning a product to the manufacturer or distributor or forwarding it on for servicing, refurbishment or recycling. So as plentiful fossil fuels saturate global markets, it has become cheaper for the makers of water bottles, yogurt containers and takeout boxes to simply buy new plastics”, writes the New York Times in this article. It is a process of flow of goods or material which are unwanted or defective through the logistics chains to the manufacturer so that it can be recycled, reused, or disposed … PRT is currently servicing over 75 companies throughout the Midwest with its own fleet of 11 tractors, 150 trailers and a bulk tanker, enabling us to guarantee timely pick-up of material within 48 hours or less. It has become one of the most important developments in the transportation industry. Reverse logistics is sometimes called aftermarket supply chain, aftermarket logistics or retrogistics. Learn more. Most considerations in sustainable transportation focus on passengers, leaving freight issues somewhat marginalized. Logistics can be split into five types by field: procurement logistics, production logistics, sales logistics, recovery logistics, and recycling logistics. Reverse logistics is any process that involves moving things from the customer back to the producer. Our experience includes logistics support and planning in a warehouse environment specific to Recyclable Materials, Retail Products, and Equipment. so that it can be used…. It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Reverse Logistics consists of all activities which are performed after the sale of a product. n. 1. Recycling is basically the re-recognition of previously recognized gain. Shredding, Sorting, and Separation: After collection and transportation to recycling facilities, materials in the e-waste stream must be processed and separated into clean commodities that can be used to make new products.Efficient separation of materials is the foundation of electronics recycling. A definition of reverse logistics with examples. However, when it comes to the business of recycling, the downward slide of oil prices has been unambiguous. This includes business processes that involve transport from distribution endpoints such as retail locations back in the supply chain to locations such as warehouses and factories. Most often, the exact net impact is complicated to determine because the industry or business may lose out in some areas, but benefit in others. 668 0 obj <> endobj 0 Reuse of products and materials is not a new phenomenon, waste paper recycling, deposit systems for soft drink bottles, and metal scrap brokers are all examples that have been around for a long time. Sometimes, the terms inbound and outbound logistics are used to denote logistics for goods arriving at or leaving a facility, respectively. That’s it for us this week! The rapid price decline is having a major impact across most North American industries in one way or another. Complementing our network of yards, we operate a fleet of LGVs and a range of containers to transport and … The growing popularity of online shopping is also making itself felt in terms of environmental cost. Recycle definition, to treat or process (used or waste materials) so as to make suitable for reuse: recycling paper to save trees. 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