Home // ADVCOMP 2011, The Fifth International Conference on Advanced Engineering Computing and Applications in Sciences // View article
Authors:
Bo Xing
Wen-Jing Gao
Kimberly Battle
Fulufhelo Nelwamondo
Tshilidzi Marwala
Keywords: EoL (End-of-Life) product recovery; RMTO (Remanufacture-to-Order); RL (Reverse Logistics); auction; MAS (Multi-Agent System)
Abstract:
Due to the rapid obsolescent nature of consumer products, the remanufacture-to-stock strategy, in which remanufacturers tend to collect certain amount of end-of-life products, remanufacturing them as many as they can and keep these remanufactured products in stock waiting for customers come to buy, is not always an optimal solution. Under this circumstance, remanufacture-to-order policy, as an effective complement, provides a good trade-off for remanufacturers between meeting consumers’ demand and, in the meantime, keeping the inventory cost at a lower level. To remanufacture the used items, the manufacturer must retrieve them from the market where they are dispersed among consumers. This is accomplished by means of a reverse logistics chain that is comparable to the new product distribution system in reverse. However, the current reverse logistics do not respond to remanufacture-to-order at an efficient level. Therefore it is a necessity to develop a novel infrastructure, which can deal with these issues. This paper presents a framework called e-reverse logistics that aims at filling this gap. The major features and architecture of the proposed e-reverse logistics are detailed in this work.
Pages: 78 to 83
Copyright: Copyright (c) IARIA, 2011
Publication date: November 20, 2011
Published in: conference
ISSN: 2308-4499
ISBN: 978-1-61208-172-4
Location: Lisbon, Portugal
Dates: from November 20, 2011 to November 25, 2011