A model of industry 4.0 and a circular economy for green logistics and a sustainable supply chain

Abstract

The objective of this study was to investigate a hybrid framework for Industry 4.0 and a circular economy for logistics and supply chains with an environmentally‐friendly and sustainable basis. Data were collected from universities, companies, and civil service departments. Partial Least Squares Structural Equation Modeling was applied to evaluate and validate hypotheses. Key findings comprise (a) confirmation of a predominant direct relationship between Industry 4.0 and adopting a circular economy for green logistics and a sustainable supply chain, which stimulates strategic change; and (b) deliberation about current strategic awareness and operations occurs, giving rise to the promulgation and implementation of state authority policies, and advancements in modern logistics and supply chain programs at universities. Since the analysis concentrated on logistical and supply chain matters, investigation of other variables would be required for other industrial activities such as manufacturing.

Green supplier development and sustainable supply chain management

“…Growing concerns regarding environmental issues are directly impacting business management and social practices. As the world's population continues to grow at a high rate, our planet's resources are being further strained (Van Luu et al, 2023). Without systematic ways to sustain our resources and the surrounding environment, the quality of our lives will deteriorate rapidly and may reach the point of no return (Min & Kim, 2012).…”

Unlocking the link between low emission supply chains, blockchain adoption, and financial success: The payoff of socially responsible practices in supply chains

“…This traceability mitigates risks associated with environmental non‐compliance and fosters a positive corporate image (Setiarini et al, 2023). Such reputational benefits can lead to increased customer loyalty and, consequently, improved financial performance (Luu et al, 2023). Therefore, the second aim of the paper is to identify how the implementation of LESCM practices can facilitate the integration of BT by manufacturing firms, contributing to enhancing their financial performance.…”

The impact of green supply chain management on corporate environmental performance and the moderating roles: A meta‐analysis

“…The implementation of GSCM is recognized as a significant strategy to improve CEP (Cousins et al, 2019; Fang & Zhang, 2018; Fu et al, 2022; Geng et al, 2017; Qorri et al, 2018; Qorri et al, 2021; Samad et al, 2021; Wiredu et al, 2023; Zhu et al, 2005; Zhu & Sarkis, 2004) and to build competitive advantage (Akdoğan & Coşkun, 2012; Raut et al, 2019; Sarkis et al, 2011; Uddin et al, 2023). Not only that but, recent studies reveal that companies would achieve a strategic change adopting a SSCM with the help of Industry 4.0 (Luu et al, 2023). In addition, when we were under the negative effects of the pandemic, companies with higher levels of GSCM suffered less from economic loss (Eggert & Hartmann, 2023).…”