Improving the Management of Reverse Flows

Modern manufacturing is associated with logistic flows, reversing its direction for various reasons in any kind of industries. Nevertheless, majority of companies leaves out of account this fact during supply chain planning. Consequently, they can face difficulties in the event of return related to process organization resulting in unforeseen expenses, frozen current assets ratio gain, non-negligible reduction of profit and logistic service. Therefore, it`s important to establish effective returns-management system, which will minimize expenses on a long-term period and score tangible and intangible advantages regardless of additional establishment expenses. Considering scientific and technological advance along with annual growth of trade and comparable growth of returns, there`s more actual returns management problem for expensive items subjected to rapid obsolescence, contrariwise containing reusable components and assemblies (machinery, equipment, vehicles). Subject for the thesis – working out ways of improving returns-management approaches, allowing for minimal economic losses and effective capital management. Several approaches of improving returns-management were prepared for accomplishment of aim: management process algorithm for returns of machinery and equipment; informational background composition, essential for implementation of suggested management algorithm; standards for evaluation of returns-management algorithm, which goal is decrease in quantity of unsaleable goods and increase in extra profits. Discovered principles and recommendations could be used in returns-management organization for equipment, seized by any leasing company and trading companies selling machinery, equipment or vehicles.