Reverse <b>supply chain management</b> | RetailTechPodcast

Reverse supply chain management

Consumers choose to change or upgrade their products after using them for a year and a half, even if the devices are still highly functional. A good RSCM partnership will allow the device OEM to focus on what they do best - designing innovative products and getting them out the door - while also delivering a return service that their customers demand and fulfilling compliance obligations. There are limited processes for OEMs, historically speaking, when it comes to dealing with post-consumer and industrial recycling of electronic devices; none of them are environmentally sustaining, including selling to less developed markets to recover value and minimize e-waste and recycling to recover raw materials where possible. Second, an incentivized take-back program serves as a great way to prevent second-hand devices from being sold into the emerging markets that are strategically important for the OEM. Skillfully executed take-back programs help keep devices out of the unofficial channels that often cannibalize new products and markets. Imagine if OEMs instead had programs in place for harvesting components from older generations of devices. With a process where the device is properly de-manufactured, harvested components - such as hard drives - can be reused and repurposed as a back-up supply for repairs and other uses, providing a level of protection against the fluctuation of global markets. Leaders in Reverse Supply Chain Management today are providing technology brands with much-needed solutions to complex issues, and are also helping them turn cost centers into profit centers by dismantling obsolete technologies and re-purposing valuable components into new devices. Read more