Hi Muhammad,
I usually see Reverse Logistics as a Lever that companies can implement to close supply chains and thus achieve a Circular Economy.
Usually I frame Circular Economy as a more holistic and systemic solution, which can be achieved by redesigning products, business models and supply chains.
If you wish, you can refer to our latest contribution Article Challenges in supply chain redesign for the Circular Economy...
All the best,
Gianmarco
A circular economy is a new economic paradigm that promotes an effective and effective use of today’s resources in a way that will not undermine the ability for future generations to meet their needs. The circular economy champions sustainability. The circular economy emerged as a strategic response to the linear economy model currently employed that results in disastrous destruction threatening the future of humanity.
Reverse logistics is the management of reverse flow of goods from the point of consumption to their origins where they can be recycled, reused, or disposed. The reverse logistics goes from downstream to upstream supply chain.
I would say that reverse logistics is a strategic tool for implementing the circular economy’s strategic vision.
Jean C. Essila, Gianmarco Bressanelli Sir, Thanks for developing the concept. Can you show or share information/statistics which prove that circular economy is better to save resources for the future generation.
Jean C. Essila , Gianmarco Bressanelli Dear sir, Can you tell me that what does the biological and technical cycle means in Circular economy please?
Dear Muhammad Nizar Alam, I think that the comment of Jean C. Essila and the documents suggedested by Julian Torres answer to your questions.
See also https://www.ellenmacarthurfoundation.org/assets/downloads/TCE_Ellen-MacArthur-Foundation_9-Dec-2015.pdf
Regards,
Gianmarco
Mr. Gianmarco Bressanelli , Mr. Julian Torres Thanks for your precious reply and for sharing the information.
Article Circular Economy: The Beauty of Circularity in Value Chain
, suggested to read this article.
Circular Economy involves at least the 6R (also exist a 9R) methodology that impliy reuse, repair, remanufacture, refurbish, recycle etc. Those activities or strategies imply that products and components must have a logistic (reverse) process to back to the manufacturer/recycler/repair shop to continue in the circular loop.
I strongly recommend this article:
Article Conceptualizing the circular economy: An analysis of 114 definitions
Best regards and very interesting question
Jaime
Circular economy (CE) is a comprehensive concept that deal with using almost all returned products, while the reverse logistic has the duty ti deliver retied products to some facilities such as repair centers, disposal centers etc. Therefore we can say that reverse logistic is just one of necessary items to deal with CE.
