Operations Management
Take-back schemes are programs implemented by manufacturers or retailers to encourage the return of used products from consumers for recycling, refurbishment, or safe disposal. These initiatives are essential in promoting a circular economy by ensuring that materials are reused, reducing waste, and minimizing the environmental impact of products at their end-of-life stage. By facilitating the recovery of materials, take-back schemes help close the loop in product life cycles and foster sustainable consumption practices.
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