Reverse Logistics and Challenges: Supply Chain Management of Automobile Industry

Abstract

Abstract:The concept of reverse logistics has gained immense popularity in the recent times. There is no doubt about the fact that reverse logistics in the supply chain management of automobile industry is becoming important. The purpose of this paper remains to introduce the importance of reverse logistics in the domain of supply chain management, largely focusing over the automobile industry. Highlighting the important challenges for reverse logistics in the automobile industry also becomes an important aim of this paper. Reverse logistics is basically a phenomenon which refers to the management of products when they are of no use to the consumers. Using such products with an aim to maximize the economic value for the automobile companies reflects the importance of reverse logistics. The underlying challenges like less willingness to pay, cannibalization, competition, lack of support from retailers, dealers and distributors, and consumers' perception create hurdles for companies for implementing the reverse logistics successfully, are highlighted in this paper.

Analyzing the Barriers to Reverse Logistics (RL) Implementation: A Hybrid Model Based on IF-DEMATEL-EDAS

“…Among the multi-criteria decision making (MCDM) methods, the DEMATEL is considered highly advantageous due to its strength in revealing the interactions/mutual relationships between system criteria and as such has seen wide and successful applications in extant literature [68,69]. The DEMATEL method is usually integrated with other approaches, such as the Grey Theory System (GTS), Interpretive Structural Modeling (ISM), Fuzzy theory and Two-Sided Matching (TSM) for ranking of barriers [70][71][72][73].…”