A novel buy-back contract coordination mechanism for a manufacturer-retailer circular supply chain regenerating expired products

The expiration of many deteriorative products imposes high costs on the supply chain. A new strategy is proposed in this paper that integrates technological capabilities and chain management initiatives to overcome challenge. equip with a regenerative process reuse expired other products. On hand, facilitate optimize application technology, integration coordination techniques are employed. This innovation accordance zero-waste concept arising circular economy era focuses integrating consisting one retailer manufacturer developing buy-back mechanism provide enough incentives for cooperation members encourage them participate regenerating operations. It proved economically feasible if only revenue each unit reused product addition saving its disposing cost, greater than reprocessing cost. Furthermore, it shown an integrated equipped mentioned technology earns more benefits decisions whole efficacy intricacy developed model validated dairy revalues by turning into type fertilizer. Moreover, thorough sensitivity analysis indicates mean standard deviation demand positively while replenishment cycle time has adverse effects profitability members.