Characterizing Circular Supply Chain Practices in Industry 5.0 With Respect to Sustainable Manufacturing Operations

The current research investigated the significance of circular supply chain practices in Industry 5.0 with respect to their sustainable manufacturing operations. Through a comprehensive review of the literature, the current study identified key circular supply chain practices and their potential benefits for Industry 5.0. The findings indicated that closed-loop supply chains, sustainable sourcing, product design for circularity, and waste reduction may assist Industry 5.0 firms to achieve their sustainability objectives while enhancing the operational efficiency. Moreover, the study also highlighted the challenges associated with the implementation of circular supply chain practices including the necessity for collaboration among supply chain partners, investment in new technologies and infrastructure, and the development of new skills and capabilities. From a practical and managerial perspective, the implications suggest that firms aiming to adopt circular supply chain practices in Industry 5.0 should prioritize collaboration and coordination, make investments in new technologies and infrastructure, and foster the acquisition of new skills and capabilities. To complement this research, future studies could employ empirical research methods in order to validate the findings and recommendations as well as explore potential barriers to the implementation of circular supply chain practices in Industry 5.0

Business models and supply chains for the circular economy

The Circular Economy is increasingly seen as a possible solution to address sustainable development. An economic system that minimises resource input into and waste, emission, and energy leakage out of the system is hoped to mitigate negative impacts without jeopardising growth and prosperity. This paper discusses the sustainability performance of the circular business models (CBM) and circular supply chains necessary to implement the concept on an organisational level and proposes a framework to integrate circular business models and circular supply chain management towards sustainable development. It was developed based on literature analysis and four case studies. The proposed framework shows how different circular business models are driving circular supply chain in different loops: closing loops, slowing loops, intensifying loops, narrowing loops, and dematerialising loops. The identified circular business models vary in complexity of the circular supply chain and in the value proposition. Our research indicates circular business and circular supply chain help in realising sustainability ambitions.This work was supported by the EPSRC Centre for Innovative Manufacturing in Industrial Sustainability [grant number EP/I033351/1

Performance measurement system for circular supply chain management

Circular supply chain management is characterized by multiple interdependencies between various performance objectives for circularity, economic, environmental and social performance. A performance measurement system which takes these interdependencies into account is currently not available, however, is needed to identify effective actions, involve stakeholders and prevent unintended consequences of actions. The objective of this paper is to develop this performance measurement system. Using a methodology of multiple case studies, we identify the interdependencies between the various performance objectives and combine these in a causal loop diagram and a system dynamics model. We then evaluate the usability of these models in two companies which are in transition to circular supply chain management. The companies confirm the relevance of performance objectives, their interdependencies and the validity of the outputs. This results in the following contributions: Service lifetime - the time period of use, recovery and reuse until incineration - is as relevant to circularity as the much-mentioned product lifetime. The maturity of circularity follows four phases: virgin materials only, combination, recovered materials only, deterioration. Shortening the supply chain leads to a rebound effect and increases the environmental impact. The circular premium can relate to shareholders as well as to customers.</p

Characterizing Circular Supply Chain Practices in Industry 5.0 With Respect to Sustainable Manufacturing Operations

The current research investigated the significance of circular supply chain practices in Industry 5.0 with respect to their sustainable manufacturing operations. Through a comprehensive review of the literature, the current study identified key circular supply chain practices and their potential benefits for Industry 5.0. The findings indicated that closed-loop supply chains, sustainable sourcing, product design for circularity, and waste reduction may assist Industry 5.0 firms to achieve their sustainability objectives while enhancing the operational efficiency. Moreover, the study also highlighted the challenges associated with the implementation of circular supply chain practices including the necessity for collaboration among supply chain partners, investment in new technologies and infrastructure, and the development of new skills and capabilities. From a practical and managerial perspective, the implications suggest that firms aiming to adopt circular supply chain practices in Industry 5.0 should prioritize collaboration and coordination, make investments in new technologies and infrastructure, and foster the acquisition of new skills and capabilities. To complement this research, future studies could employ empirical research methods in order to validate the findings and recommendations as well as explore potential barriers to the implementation of circular supply chain practices in Industry 5.0

Circular Supply Chain Management and Circular Economy: A conceptual model

This study develops a circular supply chain management model. The review shows how CSCM promotes green supply chain management and sustainability by extending its sustainable dimension beyond the original producer. Closed-loop and open-loop supply chains are CSCM components. Using contingency theory and transaction cost theory, the CSCM model proposes that product circularity in closed-loop and open-loop supply chains affects a company's circular economy performance. This model explains CSCM's popularity in current literature, which supports the circular economy. Keywords: Circular, Closed-loop, Open-loop, Sustainability, Supply Chain eISSN: 2398-4287© 2022.. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under the responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians), and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning &amp; Surveying, Universiti Teknologi MARA, Malaysia. DOI: https://doi.org/10.21834/ebpj.v7iSI7.376

Circular supply chain management: A definition and structured literature review

Circular economy is increasingly recognized as a better alternative to the dominant linear (take, make, and dispose) economic model. Circular Supply Chain Management (CSCM), which integrates the philosophy of the circular economy into supply chain management, offers a new and compelling perspective to the supply chain sustainability domain. Consequently, there is increasing research interest. However, a review of the extant literature shows that a comprehensive integrated view of CSCM is still absent in the extant literature. This prohibits a clear distinction compared to other supply chain sustainability concepts and hinders further progress of the field. In response, this research first classifies various terminologies related to supply chain sustainability and conceptualizes a unifying definition of CSCM. Using this definition as a base, it then conducts a structured literature review of 261 research articles on the current state of CSCM research. Based on the review results, the researchers call for further studies in the following directions that are important but received little or no attention: design for circularity, procurement and CSCM, biodegradable packaging, circular supply chain collaboration and coordination, drivers and barriers of CSCM, circular consumption, product liabilities and producer's responsibility, and technologies and CSCM

Hidden in Plain Sight: Why Sustainment is So Critical to the Circular Supply Chains for Technical Products

Technical products are typically complex, long-lived and high-cost equipment—such as: aircraft, vehicles, ships, capital equipment/machinery and utilities infrastructure. While many technical products are manufactured via traditional linear supply chains, their useful lives often rely upon sustainment systems incorporating significant aspects of circular supply chains. This webinar takes a closer look at technical products and the critical role of systems sustainment to achieve and fulfill circular supply chains. The key takeaways from this webinar are: The Earth is running out of resources which will have a direct impact upon maintaining/improving our quality of life. The circular economy philosophy has definite relevance for supply chains -- especially “technical” product supply chains. Sustainment networks and practices are all around us yet they often go unnoticed. While there’s been a lot of research and thought into how companies can evolve their business strategy to become more circular, not as much attention has been paid to how to actually perform the circular activities needed to keep technical products serviceable. Benefits of Viewing the Webinar: Develop an understanding of the circular supply chain concept. Provide learners with an explanation of, and examples from, technical product sustainment processes. Help learners explore how to leverage proven system sustainment principles as they transition their technical product support from linear to circular supply chains. Outcomes from Viewing the Webinar: Define the circular supply chain and its component elements. Define sustainment and walk through an example of technical product sustainment. Understand the critical role that system sustainment plays in a technical product’s circular supply chain