The reverse logistics helping to reduce costs of raw material in a pressure aluminum casting
This paper analyzes the influence of an aluminum smelter of reverse logistics on its reuse of domestic raw materials. It also analyzes reverse logistics financial impact on the smelter, and how reverse logistics can help reduce the purchase of raw materials, which optimizes inventory and controls co...
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Published in: | Environmental quality management Vol. 28; no. 2; pp. 39 - 46 |
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Main Authors: | , , , |
Format: | Journal Article |
Language: | English |
Published: |
Hoboken
Wiley Periodicals Inc
01-12-2018
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Subjects: | |
Online Access: | Get full text |
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Summary: | This paper analyzes the influence of an aluminum smelter of reverse logistics on its reuse of domestic raw materials. It also analyzes reverse logistics financial impact on the smelter, and how reverse logistics can help reduce the purchase of raw materials, which optimizes inventory and controls costs. In addition to environmental savings, it is also possible for reverse logistics to make an organization more powerful in the competitive market. This case study was carried out based on a review of the literature on policies, programs, regulations and laws, as well as on related work in reverse logistics, particularly related to the recycling of aluminum recycling. The reverse logistics actions by the company analyzed in this study achieved annual savings (in U.S. dollars [US$]) of US$ 68,437.70. The study shows that a well‐managed reverse logistics program can be effective and can reduce phases within the organization, achieving not only considerable savings in financial resources but also constituting a social responsibility action. |
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ISSN: | 1088-1913 1520-6483 |
DOI: | 10.1002/tqem.21596 |