Chapter D, Problem 5DQ

To determine

Concept:

Closed Loop Supply Chain:

Closed Loop Supply Chain is a supply chain network which includes the returns processes and the manufacturer has the intent of integration of all supply chain activities and capturing additional value.

Supply chain refers to the chain of supply of goods right from the conception and manufacturing stage by the manufacturer and the consumption of such goods by the consumer.

Closed loop supply chain definition and the methods that can be used to meet the goal.