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This chapter presents the concepts of green supply chain network, green supply chain management , and green logistics . Increasing environmental concerns requires companies to become more responsive to products that either has been returned or that are at the end of their useful lives. Organization’s responsiveness and their reactions toward life cycles of products are critical to achieve sustained success once fluctuations are recurrent and the business environments are turbulent. Life cycles are getting shorter, and effective managing can save large amounts of cash as many materials can be extracted, reused, and redistributed. Alongside this context, this chapter focuses on a general overview toward closed-loop supply chains and offers a generalized optimization model . In addition, incentive approaches for an optimal recovery plan in a closed-loop supply chain are discussed in this chapter.
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- Green Supply Chain, Logistics, and Transportation
Matthew J. Franchetti
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