DOI: https://doi.org/10.36719/2789-6919/54/63-66
Raul Rza
Azerbaijan State University of Economics
Master's student
https://orcid.org/0009-0000-6198-9658
raulrza03@gmail.com
Reverse Logistics Processes Management Mechanisms
Abstract
The management of reverse logistics processes is of strategic importance in the modern business environment from both economic, environmental and social points of view. This process involves the return, processing, reuse or proper disposal of products and materials by the user. The main goal of reverse logistics is to ensure efficient management of resources, reduce costs, prevent time losses and at the same time minimize the negative impact on the environment. Management mechanisms combine various strategies to optimize the process. These include the creation of product collection and return systems, proper inventory and warehouse management, coordination of transport and logistics, as well as the application of information technologies. Effective management mechanisms allow companies to obtain additional value from returned products. For example, the repair, recycling or use of returned products in the production of new products reduces costs and creates an additional source of income. In addition, reverse logistics also serves to increase social and environmental responsibility.
Keywords: management, logistics, administration, optimization, social