Jianfeng Zhu, Tao Hang, Haodong Zheng, Xuemei Zhang
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Recycling Mode Choice in a Textile and Apparel Closed-Loop Supply Chain considering Blockchain
The development of the textile and apparel (T&A) industry has led to an increasing focus on recycling used products. Remanufactured product quality raises consumer concerns, and blockchain can effectively solve this problem. We establish a closed-loop supply chain (CLSC) in which a manufacturer, a retailer, or a third-party recycler collects used T&A products to examine the most efficient recycling mode with and without blockchain and the impact of blockchain on CLSC decisions. The results show that (1) if the manufacturer’s recycling cost coefficient is relatively low, used T&A products are collected directly by the manufacturer. Otherwise, the responsibility for recycling used T&A products falls to the retailer or the third-party recycler. It is noteworthy that the manufacturer’s choice of recycling mode remains unchanged whether a blockchain is implemented or not. (2) The implementation of blockchain by the manufacturer and the retailer can increase profits and consumers also benefit when the cost of validating blockchain units remains below a certain threshold. (3) When the recycling cost coefficient exceeds a certain threshold, the implementation of blockchain increases prices and recycling rates. These findings offer CLSC members’ management insights into how to select the optimal recycling mode and the consequences of implementing blockchain.
期刊介绍:
The main objective of Discrete Dynamics in Nature and Society is to foster links between basic and applied research relating to discrete dynamics of complex systems encountered in the natural and social sciences. The journal intends to stimulate publications directed to the analyses of computer generated solutions and chaotic in particular, correctness of numerical procedures, chaos synchronization and control, discrete optimization methods among other related topics. The journal provides a channel of communication between scientists and practitioners working in the field of complex systems analysis and will stimulate the development and use of discrete dynamical approach.