Understanding a closed loop supply chain

A closed-loop supply chain integrates forward and reverse logistics and is a supply chain framework that is focused on the full chain of operations for the entire lifecycle of a product. The network transports finished aluminum coils from a fabrication factory in New York to several vehicle production stamping plants in Michigan, New York, and Kentucky as an illustration of a closed-loop recycling system. After that, it moves the aluminum scrap produced by the stamping operation back to the re-melt facility in Fresh York so that it can be used to make new coils.

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