Trend Opportunity Profiles—Reverse Logistics in a Circular Economy
Consumers, especially in the Western world, are looking for clean-label products. Circular economy is a key enabler for environmental friendly products, and reverse logistics, as a method to integrate the consumer in the upcycling and production cycle, is reinforcing this potential marketing aspect.
Reverse logistics is the process of collecting and aggregating products, components, or materials at their end of life for reuse, recycling, and returns. Reverse logistics plays an important role in the process of companies aiming to transition to a circular economy.
The availability of raw materials is at risk, with geopolitical and economic stress. Volumes and prices are fluctuating even more because of the effects of COVID-19. Some materials are facing scarcity issues, such as copper and fish oil, and companies may face several hurdles, such as uneven quality and quantity in return loads. Cost challenges are related to transport costs that may be higher than the residual value of the transported goods. Circular economy and reverse logistics can help organizations solve these issues and mitigate the risk for supply security.
The improvement of supply chain management, especially with digital tools such as artificial intelligence (AI), tracking capabilities, and digital twins, allows for the easier management of complex logistics flows, and reverse logistics is becoming more possible with the help of these technologies.
This study highlights the key challenges faced by different industries to manage reverse logistics and adopt more circular models and solutions that leading participants are taking, in addition to leveraging the opportunities opened from this trend for the development of new technology solutions, logistics services, and business models.
KEY ISSUES ADDRESSED
What are the key challenges and opportunities to shift from conventional to reverse logistics?
What are the solutions and opportunities to overcome these challenges?
What are the emerging and innovative logistics models for the circular economy?
What are the key aspects organizations must consider to move toward a circular economy model?
- Trends Strategic Imperative
- Why is Growth Becoming Increasingly Difficult to Achieve?
- The Strategic Imperative 8™
- Our Mega Trend Universe—Overview
- Growth Opportunities Fuel the Growth Pipeline Engine™
- Executive Dashboard
- Our Mega Trend Universe—Reverse Logistics Impact
- Main Findings
- Growth Opportunities Essential to Future Success
- Trend Opportunity Analysis
- Trend Opportunity Overview
- Collection of Goods for Second Life
- Case Study—Collecting Goods for a Second Life
- Technology-driven Supply Chain Solutions for a Circular Economy
- Case Study—Technology-driven Supply-chain Solutions for Circular Economy
- Circular Economy Product and Packaging Design
- Case Study—Circular Economy Product and Packaging Design
- Trend Opportunity—Regional Exposure
- Trend Opportunity—Industry Implications
- Trend Opportunity Proof Cases
- Trend Opportunity Levers
- Trend Opportunity—Key Performance Indicator (KPI) Analysis
- Trend Opportunity Attractiveness Analysis
- Trend Opportunity—Top 5 Challenges on the Horizon
- Trend Opportunity Impact and Certainty Analysis
- Trend Opportunity Matrix—Trend Innovation Index
- Innovation Attractiveness Score
- Trend Opportunity Matrix—Trend Growth Index
- Growth Attractiveness Score
- Trends Beets Implications
- Growth Opportunities Analysis
- Growth Opportunity 1—End-to-end Supply-chain-as-a-service
- Growth Opportunity 2—Specialists/Niche Solution Provider for Reverse Logistics
- Growth Opportunity 3—Sustainable Subscription Good Consumption Models
- Crucial Success Factors for Growth
- Conclusion—The Way Forward
- Next Steps
- Identifying Your Company's Growth Zone
- Your Next Steps
- Appendix
- Our Mega Trend Universe
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