Circular economy: The future nexus for sustainable and resilient supply chains?
Circular Supply Chain Management (CSCM) reduces the environmental impacts of the linear economy by optimizing resources and minimizing waste and it potentially enhances resilience through localization, digitalization, and collaboration. Using Interpretive Structural Modeling (ISM) and MICMAC analysi...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-12-01
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| Series: | Sustainable Futures |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188824002144 |
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| Summary: | Circular Supply Chain Management (CSCM) reduces the environmental impacts of the linear economy by optimizing resources and minimizing waste and it potentially enhances resilience through localization, digitalization, and collaboration. Using Interpretive Structural Modeling (ISM) and MICMAC analysis, this study explores the impact of CSCM practices on sustainability and resilience. Key practices like PMS, product as service, and recycled raw materials should be prioritized. CSCM practices must be implemented holistically for a successful transition. Additionally, social sustainability in circular supply chains needs more attention, as it influences other sustainability and resilience measures. |
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| ISSN: | 2666-1888 |