In an era focused on sustainability and efficiency, supply chains are evolving. One of the most transformative models is the closed loop supply chain (CLSC). It represents a shift from the traditional “take, make, dispose” approach to one that prioritizes reuse, recycling, and sustainability. But with this transformation comes the challenge of asset tracking, a key component that determines the success of CLSCs. Let’s explore the significance of the closed loop supply chain, how it differs from the traditional supply chain, and...
