The topic problem of the research is to demonstrate the importance of reverse logistics as a way to generate income. Key research sources include those containing relevant information about the topic’s problem. Thus, the article written by Abolghasemi et al. (2020) provides information on essential concepts of the research topic and explains the relationship between them. These include demand forecasting, supply chain, and demand volatility. Furthermore, the research conducted by Mangan et al. (2020) demonstrates essential aspects of supply chain management as part of global logistics. It helps to look at the topic from the perspective of global logistics in order to understand the main issues better. Finally, the study performed by Oliveira (2020) analyzes reverse logistics in terms of a specific industry. It involves waste electrical and electronic equipment, which contributes to better understanding through the lens of the particular environment. Besides, it contains data about its influence on environmental sustainability, which formulates a theoretical background for further research. Thus, the proposed solution for the topic problem is to analyze the theoretical background of the study. Next, on the basis of this, one needs to demonstrate how reverse logistics affects the business. It will help the audience understand the notions of reverse logistics, global logistics, and supply chain management. Finally, one will be able to understand in detail how reverse logistics contributes to profit generation and its importance.
References
Abolghasemi, M., Beh, E., Tarr, G., & Gerlach, R. (2020). Demand forecasting in supply chain: The impact of demand volatility in the presence of promotion.Computers & Industrial Engineering, 142(106360).
Mangan, J., Lalwani, C., & Calatayud, A. (2020). Global Logistics and Supply Chain Management. (4th ed.). John Wiley & Sons.
Oliveira, U. R. (2020). Reverse logistics of waste electrical and electronic equipment and environmental sustainability. Babelcube Inc.