Flexibility Focused Decision and Information Sharing Model for Product Recovery System

Strategies for Managing the Impacts of Disruptions During COVID-19: an Example of Toilet Paper

“…They all also can utilize the backup and alternative suppliers of each other to increase collective emergency sourcing. This strategy is possible when all manufacturers collaborate, share their information, and work together to source materials, which are the segments of the flexible supply chains (Wadhwa et al 2009 ). This horizontal sourcing approach is also discussed in Orsdemir et al ( 2019 ).…”

Decision Modeling Approach for Eco-Driven Flexible Green Supply Chain

“…Also, the marketing with green perception plays an important role in achieving it. Flexibility in decision making and different flexibility-based models influences the supply chains significantly, which proves to be very beneficial and further improves the performance of system (Wadhwa et al 2009). Further, the flexible ability of an organizational supply chain has been described in terms of three distinctive components (Lee 2004).…”

“…The pressure and drive accompanying globalization, a crucial aspect for supply chains, has prompted and motivated the enterprises to improve their environmental performance (Zhu and Sarkis 2006). According to Wadhwa et al (2009), as a result of rapid progress in technology and the shrinking of product life cycles faster than ever before, it has led to a creeping realization of additional profits by performing the effective and efficient product recovery operations at a world-class level quintessential. Further, with the advent of rules and various regulations, due to pressure and changing customers' taste, the corporations have shown greater concern for the environment over the past few years (Sheu et al 2004).…”

Learning from Returned Products in a Closed Loop Supply Chain: A Systematic Literature Review

“…The type of informational value that has garnered the most amount of scholarly attention, by a wide margin, is the first type, namely operational information. This information is used to create value by increasing the effectiveness and efficiency of CLSC-related policies, such as return policies [28,58] and processes, for instance by predicting quantities [12,21,33,55] and quality [25] of product returns, improving inventory management [37], handling recalls [47], returns processing, and redistribution [57], especially with regard to time sensitive returns [14,24]. This information stems from quantitative operational [12] and transactional data [13,14,56,62] as part of the various CLSC processes.…”

“…Studies since then have shown the benefits of information sharing beyond a rudimentary web-based IS used for information sharing. These include simplified product returns policies [28], increased RL operational performance [34,39,49], product recovery efficiency, and responsiveness [25,41]. The sharing of product returns information can be especially beneficial for manufacturers who do not have direct customer contact but rely on retailers for sales and returns [42].…”