9.6 Summary

In the chapter, emerging concepts of Reverse Logistics, Information and Communication Technology, Value Stream Mapping and Humanitarian Reverse Logistics were discussed. Reverse Logistics works to manage problem inventories. Activities such as recovery, return, reuse or disposal of discarded products are part of reverse logistics. Information and Communication Technology helps in every facet of Value Chain. Be it Manufacturing, Transportation, Warehousing, Storage, Inventory Management or Distribution, ICT allows people and organizations to be connected and interact in the digital world. When organizations work, they tend to deal with a lot of wastes. Value Stream Mapping helps in eliminating these wastes, making the whole process, from upstream to downstream, transparent and increasing organization’s efficiency. Humanitarian Logistics is a concept that integrates supply chain activities to help societies during disasters and natural calamities.

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Global Value Chain Copyright © 2022 by Dr. Kiranjot Kaur and Iuliia Kau is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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