In your own words, define the term “closed-loop supply chain.” How does this differ from your definition of “reverse logistics”? Compare and contrast these two concepts. Then using the company that was the focus of your final project, describe how the company either (a) uses or is otherwise a part of a closed-loop supply chain, or (b) could use or otherwise be a part of a closed-loop supply chain.
Accompany your description with a hypothetical process map of the closed-loop supply chain (submit this drawing as a Word or PowerPoint file attached to your discussion posting). Be sure to include where and how reverse logistics plays a role in the closed-loop supply chain.
Sample Solution
