Evaluating and Improving the Efficiency of Reverse Logistics Processes

Student: Vilaev Rudolf

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Strategic Management in Logistics (Master)

Year of Graduation: 2021

In the face of a shrinking product life cycle and market volatility, manufacturers are faced with the challenge of the costs reducing and speeding up production processes. These tasks can be solved by recovering returned products in the process of the reverse logistics. The use of the reverse logistic is complicated by the uncertainty of the input parameters, for example, the quality of returned products, because the economic indicators of recovery depend on it. Quality uncertainty highlights the critical importance in a first place of technology and quality control capabilities in product reconditioning. At the research, an approach to the choice of the type of inspection is formed, using a model of economic assessment of the feasibility of carrying out refurbishment under conditions of uncertainty.

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