English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Time to reverse?

 The U.S. Reverse Logistics Association values its sector at US$615 billion. It's an integral part of what the Ellen MacArthur Foundation says is a US$1 trillion per annum circular business opportunity.

Earlier this year the World Economic Forum, together with McKinsey & Co, has aunched "Project Mainstream" - a bid to save US$500 million in materials and prevent 100 million tonnes of waste globally by recycling, remanufacturing and reusing consumer goods.

The revenue opportunity for the logistics industry is twofold: it can integrate its behaviour with a growing list of manufacturers to support this process; and it can take advantage of a new trend of leasing rather than owning commercial and consumer technology.

Manufacturers increasingly will rely on logistics to make this a reality.

 

 

- powered by Quickchilli.com -