Circular economy enables sustainable consumption and production in multi-level supply chain system

College

Gokongwei College of Engineering

Department/Unit

Industrial Engineering

Document Type

Article

Source Title

Resources, Conservation and Recycling

Volume

154

Publication Date

3-1-2020

Abstract

Circular economy system come from resource regeneration, and must optimize resource and environmental sustainability within the closed-loop system in the supply chains. Prior circular economy studies are neglecting the multi-loop supply chain system activities that broaden the economic benefits and rarely link the activities to economic benefits, especially mostly dealt with optimization of resource use by minimizing waste, emissions, energy leakage, and resource input. This study points out to monitor on the multi-level supply chain system effects on circular economy diffusion effects using life cycle assessment tool. A challenge now to the circular economy community is to involve the attributes in multi-level supply chain system and its activities. © 2019 Elsevier B.V.

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Digitial Object Identifier (DOI)

10.1016/j.resconrec.2019.104601

Disciplines

Operations Research, Systems Engineering and Industrial Engineering

Keywords

Life cycle costing; Sustainable development

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