Increasing Demand for Closed Loop Strategies that Extend Life Cycle Value Will Drive Growth
28-Feb-2022
Global
Megatrends
MG67-01-00-00-00
CI00802-GL-MT_26316
Consumers, especially in the Western world, are looking for clean-label products. Circular economy is a key enabler for environmental friendly products, and reverse logistics, as a method to integrate the consumer in the upcycling and production cycle, is reinforcing this potential marketing aspect.
Reverse logistics is the process of collecting and aggregating products, components, or materials at their end of life for reuse, recycling, and returns. Reverse logistics plays an important role in the process of companies aiming to transition to a circular economy.
The availability of raw materials is at risk, with geopolitical and economic stress. Volumes and prices are fluctuating even more because of the effects of COVID-19. Some materials are facing scarcity issues, such as copper and fish oil, and companies may face several hurdles, such as uneven quality and quantity in return loads. Cost challenges are related to transport costs that may be higher than the residual value of the transported goods. Circular economy and reverse logistics can help organizations solve these issues and mitigate the risk for supply security.
The improvement of supply chain management, especially with digital tools such as artificial intelligence (AI), tracking capabilities, and digital twins, allows for the easier management of complex logistics flows, and reverse logistics is becoming more possible with the help of these technologies.
This study highlights the key challenges faced by different industries to manage reverse logistics and adopt more circular models and solutions that leading participants are taking, in addition to leveraging the opportunities opened from this trend for the development of new technology solutions, logistics services, and business models.
Key Issues Addressed
- What are the key challenges and opportunities to shift from conventional to reverse logistics?
- What are the solutions and opportunities to overcome these challenges?
- What are the emerging and innovative logistics models for the circular economy?
- What are the key aspects organizations must consider to move toward a circular economy model?
Author: Benoit Butruille
Why is Growth Becoming Increasingly Difficult to Achieve?
The Strategic Imperative 8™
Our Mega Trend Universe—Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
Our Mega Trend Universe—Reverse Logistics Impact
Main Findings
Growth Opportunities Essential to Future Success
Trend Opportunity Overview
Collection of Goods for Second Life
Case Study—Collecting Goods for a Second Life
Technology-driven Supply Chain Solutions for a Circular Economy
Case Study—Technology-driven Supply-chain Solutions for Circular Economy
Circular Economy Product and Packaging Design
Case Study—Circular Economy Product and Packaging Design
Trend Opportunity—Regional Exposure
Trend Opportunity—Industry Implications
Trend Opportunity Proof Cases
Trend Opportunity Levers
Trend Opportunity—Key Performance Indicator (KPI) Analysis
Trend Opportunity Attractiveness Analysis
Trend Opportunity—Top 5 Challenges on the Horizon
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Impact and Certainty Analysis (continued)
Trend Opportunity Matrix—Trend Innovation Index
Innovation Attractiveness Score
Trend Opportunity Matrix—Trend Growth Index
Growth Attractiveness Score
Trends Beets Implications
Growth Opportunity 1—End-to-end Supply-chain-as-a-service
Growth Opportunity 1—End-to-end Supply-chain-as-a-service (continued)
Growth Opportunity 2—Specialists/Niche Solution Provider for Reverse Logistics
Growth Opportunity 2—Specialists/Niche Solution Provider for Reverse Logistics (continued)
Growth Opportunity 3—Sustainable Subscription Good Consumption Models
Growth Opportunity 3—Sustainable Subscription Good Consumption Models (continued)
Crucial Success Factors for Growth
Conclusion—The Way Forward
Identifying Your Company’s Growth Zone
Your Next Steps
Our Mega Trend Universe
Our Mega Trend Universe (continued)
List of Exhibits
Legal Disclaimer
- Reverse Logistics in a Circular Economy: KPI Growth Lever Ranges, Global, 2012–2020
- Reverse Logistics Market: Strategies to Integrate Circular Economy Practices into Supply Chain Functions, Global, 2019
- Reverse Logistics Market: Trend Analysis, Global, 2021–2030
- Reverse Logistics in a Circular Economy: Trend Impact vs Certainty, Global, 2021–2030
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Key Issues Addressed
- What are the key challenges and opportunities to shift from conventional to reverse logistics
- What are the solutions and opportunities to overcome these challenges
- What are the emerging and innovative logistics models for the circular economy
- What are the key aspects organizations must consider to move toward a circular economy model
Author: Benoit Butruille
| Deliverable Type | Megatrends |
|---|---|
| No Index | No |
| Podcast | No |
| List of Charts and Figures | Reverse Logistics in a Circular Economy: KPI Growth Lever Ranges, Global, 2012–2020~ Reverse Logistics Market: Strategies to Integrate Circular Economy Practices into Supply Chain Functions, Global, 2019~ Reverse Logistics Market: Trend Analysis, Global, 2021–2030~ Reverse Logistics in a Circular Economy: Trend Impact vs Certainty, Global, 2021–2030~ |
| Author | Benoit Butruille |
| Industries | Cross Industries |
| WIP Number | MG67-01-00-00-00 |
| Keyword 1 | Reverse logistics |
| Keyword 2 | reverse supply chain |
| Keyword 3 | logistics industry overview |
| Is Prebook | No |
| GPS Codes | 9A3B |
Trend Opportunity Profiles—Reverse Logistics in a Circular Economy
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