Future Benefits of Reverse Logistics: A Study for Long-Run of A Company
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2017, Vol 5, Issue 6
Abstract
Reverse Logistics is the most important process followed by most of the companies now-a-days. Reverse Logistics function helps any type of company to become sustainable in the long-run and its growth. This paper deals with the Reverse Logistics practices in Food Processing Industries. Food is perishable one. By applying Reverse Logistics concepts on the companies, the future benefits of the companies can be derived. It helps to find out the economic benefits obtained by the company. This paper focusses on the Reverse Logistics concepts used by the food processing companies taken for analysis. The analysis of the selected companies resulted in formulation of predicting equations. By using these equations, the probability of benefits that can be obtained from adoption of Reverse Logistics concepts are calculated.
Authors and Affiliations
Dr. S. Saravanan, B. Sathiyagothai, Manigandan. K
Keywords
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