Deutsche Post DHL Group, along with Cranfield University and the Ellen Macarthur Foundation has developed a new circular economy model for logistics.
In a new report, Waste not, Want not. Caputring the value of the circular economy through reverse logistics, the partners have introduced the Reverse Logistics Maturity Model that helps organisations map out and continuously improve reverse logistics processes for their products.
According to the report, reverse logistics plays a critical role in the circular economy by enabling the return of products and components for refurbishment, recycling, redistribution or extraction and reuse of their useful organic materials.
Deutsche Post DHL Group head of corporate communications & responsibility Christof Ehrhart said: “Deutsche Post DHL Group recognises the important role that the circular economy can play in contributing to a more sustainable world and we are committed to supporting and enabling its development with our knowledge and global network.
“The Reverse Logistics Maturity Model is a valuable tool for any organisation that is committed to embedding the circular economy more integrally into their supply chain.
“It also highlights the opportunities that exist for logistics companies to adapt and expand their services and approaches to support the circular economy, which in turn creates additional value both for business and the environment.”
The report can be viewed at http://www.dpdhl.com/en/logistics_around_us/future_studies/circular_economy.html