Question

Explain the characteristics of a closed loop supply chain

Answer 1

Closed-loop supply chains (CLSC) are supply chain networks that "include the returns processes and the manufacturer has the intent of capturing additional value and further integrating all supplychain activities" 

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Answer 2

Answer:

A closed-loop supply chain essentially combines the traditional supply chain (forward logistics) with reverse logistics, considering the item after it's served its original purpose. ... Reverse logistics then kick in, and the items can either be repaired and resold, or they can be broken down for reuse in future products.