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Why companies should adopt reverse logistics to reduce E-waste

ConsumerGeniuses

ConsumerGeniuses

53.6 million metric tonnes of e-waste was recorded in 2019. As things have progressed, it is estimated that 74.7 metric tonnes (Mt) would be produced by 2030 and 3.4 billion tonnes by 2050 with economic advancement and urbanisation. Sustainability can be achieved by reverse logistics through which companies recycle, reuse and refurbish the returned products. This approach maximises the products’ values by repairing broken parts, repackaging them, and selling them at low prices. Sometimes, in B2B partnerships, components are salvaged and sold from one business to another, increasing the lifecycle of products. This is in line with UAE’s Vision 2021 to improve air quality, preserve water resources, increase the contribution of clean energy and implement green growth plans. So, it is logical for companies to adopt reverse logistics for environmental, economic, and supply chain benefits.

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