Circular Economy Strategies in Supply Chain Management: Towards Zero Waste.
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Abstract
The pursuit of a circular economy has emerged as a viable solution to address the environmental and economic challenges posed by traditional linear production and consumption models. In this context, the integration of circular economy principles within supply chain management has garnered attention as a means to achieve zero waste and enhance sustainability. [1],[2] This paper explores the application of circular economy strategies in supply chain management, focusing on the transition towards zero waste. Through a comprehensive analysis of existing literature, case studies, and best practices, the paper examines key principles, challenges, and opportunities associated with adopting circular economy strategies in supply chains. It highlights the importance of design for circularity, resource optimization, collaboration, and integration across supply chain tiers. Furthermore, the paper discusses the role of stakeholders, policy frameworks, and technological advancements in facilitating the transition to a circular economy. By synthesizing insights from various sources, this paper provides a holistic understanding of the implications and benefits of integrating circular economy strategies in supply chain management. Ultimately, it underscores the importance of businesses embracing sustainability and innovation to create more resilient and efficient supply chains while minimizing environmental impact.