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Closed‐Loop Supply Chains: An Introduction to the Feature Issue (Part 2)
Author(s) -
Guide V. Daniel R.,
Wassenhove Luk N. Van
Publication year - 2006
Publication title -
production and operations management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.279
H-Index - 110
eISSN - 1937-5956
pISSN - 1059-1478
DOI - 10.1111/j.1937-5956.2006.tb00156.x
Subject(s) - supply chain , computer science , closed loop , feature (linguistics) , product (mathematics) , value (mathematics) , loop (graph theory) , point (geometry) , control (management) , supply chain management , product lifecycle , operations management , process management , operations research , new product development , business , marketing , economics , control engineering , artificial intelligence , mathematics , engineering , machine learning , combinatorics , linguistics , philosophy , geometry
Closed‐loop supply chain management is the design, control and operation of a system to maximize value creation over the entire life‐cycle of a product with dynamic recovery of value from different types and volumes of returns over time. The research in this feature issue furthers our understanding of this rich area and serves as a starting point for another round of research which continues to dig deeper still into relevant industry issues.