Workshop Servitization: Circular economy needs reverse logistics to work

Workshop Servitization: Circular economy needs reverse logistics to work
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Date and Time
14/05/2024, 12:00 - 17:30


Circular economy needs reverse logistics to work

Reverse logistics of end-of-use/end-of-life products has become a vital part of circular economy (CE) practices. The CE proposes that reverse logistics should be designed beyond a company’s supply chain, and not restricted to waste collection and recycling actions, to preserve the value and usefulness of the material as long as possible, besides generating substantial gains in the value chain. While companies face increased pressure to address the sustainability crises (resources, climate change, waste, toxicity) and, thus, embrace the accountability for reverse logistics of end-of-use/end-of-life products, they also perceive reverse logistics as a costly and complex effort to be managed and face several barriers in implementing it, including a lack of knowledge.