© 2006

Dynamic Inventory Management in Reverse Logistics


Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 574)

About this book


ReverseLogistics is an area that has attracted growingattention over the last years both from the industrial as well as from the scienti?c side. The proper management of reverse ?ows of products and materials is of considerable - portance in many industries because of its in?uence on economic performance and environmental impact. The respective management tasks, however, are connected with new challenging planning and control problems. This es- cially holds for product recovery management concerning remanufacturing operations where used products, after being returned to the manufacturer, are reprocessed such that they are as good as new and can be re-integrated into the forward logistics stream. Amajorissueinremanufacturingishowtooptimallycoordinatethepot- tial activities directed at meeting customer demands for serviceable products and to deal with returns of products after end-of-use.Therespectivedecisions refer to ?nding a proper mix of manufacturing original and remanufacturing used products as well as of stock-keeping and disposing of returned items. Hereby, relevant cost impacts and time patterns of demand and returns have to be taken into consideration.


Inventory Management Knowledge Acquisition Optimal Control Reverse Logistics Technology Choice logistics

Authors and affiliations

  1. 1.Faculty of Economics and ManagementOtto-von-Guericke-University MagdeburgMagdeburgGermany

Bibliographic information

Industry Sectors
Chemical Manufacturing
Finance, Business & Banking
Consumer Packaged Goods
Materials & Steel
Energy, Utilities & Environment


From the reviews:

"This book is the author’s doctoral dissertation at Otto-von-Guericke University in Magdeburg, Germany. … I recommend this book to those who would like to learn more about dynamic approaches to the analysis of production processes and inventory management." (Amitrajeet A. Batabyal, Interfaces, Vol. 37 (6), 2007)