Recycling System Benefits for Green Supply Chain Management

Green supply chain management, as a new area for research in the field of management, that plays a vital role in the development of a manufacturing sector across the world in general and India in particular. Recycled economy is a generic term for the activities of reduction, recycle and utilization of resources in the processes of production, circulation and consumption, etc. It centers on the effective and efficient utilization of resources that is featured by low input, low consumption, and low emission with huge benefit. A Green supply chain is the most embodiment of recycled economy in a supply chain. As green supply chain follows the principles of a recycled economy, it can enhance the environmental and economic performance inside a supply chain domain. It can help to take into a account for environmental factors in the whole process through their collaboration of upstream and downstream enterprises, including purchase of raw materials, manufacturing of intermediate products or finished products, and delivery of finished products to end users through sales network.