Analyzing the drivers of smart sustainable circular supply chain for sustainable development goals through stakeholder theory

Kayıkçı, Yaşanur; Kazançoğlu, Yiğit; Gozacan‐Chase, Nazlican; Lafçı, Çisem

doi:10.1002/bse.3087

Cited by 51 publications

(20 citation statements)

References 143 publications

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“…Game theory can be used to optimize multiplayer, decentralized supply chain organizations. Numerous academics use stakeholder theory to create value, leading to significant progress in dimensioning sustainability because its goal is to benefit all stakeholders (Kayikci, Kazancoglu, et al, 2022). The institutional theory and ecological modernization theory may also be relevant in the proposed study as channel members are integrated with implementation of EPC guidelines which are governed by government policies (Meherishi et al, 2019).…”

Section: Discussionmentioning

confidence: 99%

“…CSC partners with other businesses to profit from waste (Farooque et al, 2019). Practitioners and academicians worldwide are discussing CSC due to various factors such as economic and business opportunities, global resource concerns, and environmental issues (Kayikci, Gozacan‐Chase, et al, 2022; Kayikci, Kazancoglu, et al, 2022; Tseng et al, 2022). To achieve the objectives of CSC, circular economy (CE) practices must be implemented.…”

Section: Introductionmentioning

confidence: 99%

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Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

et al. 2022

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The circular economy seeks to reduce waste by reusing, refurbishing, and recycling used products. It increases the resource value of used goods. In this study, we proposed a circular business gap exploiter model in which a re-commerce company exploits residual value in product systems utilization. A game-theoretic approach is used to investigate the coordination problem of a two-echelon circular supply chain with e-commerce and re-commerce companies. In addition, we proposed a coordinated structure under the revenue sharing contract and the two-part tariff contract through Nash negotiation to address the coordination problems. We compared the centralized and decentralized model findings and observed that the decentralized model shows potential for improvement. We showed model's applicability through numerical examples and sensitivity analysis to indicate how parameters such as wholesale price and retail price affect channel decisions and member profits. The results show that a two-part tariff contract may efficiently coordinate the circular supply chain. The study shows that under a circular business model, two tactics may be applied. These are extending product value and extending resource value.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

et al. 2022

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“…Several researchers (Ciccullo et al, 2021; Dey et al, 2020; Slorach et al, 2020; Teigiserova et al, 2020) investigate CE practices in the FSC, with food waste reduction as a primary driver of sustainable development. While, researchers (Belmonte‐Ureña et al, 2021; Kayikci et al, 2022; Triguero et al, 2022) also utilized the CE pathway to the sustainable development. Nayal et al (2022) show that using digital technology in the CE increases supply chain performance and helps in sustainable development.…”

Section: Literature Reviewmentioning

confidence: 99%

Circular economy adoption challenges in the food supply chain for sustainable development

et al. 2022

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Food loss and waste are major issues in the food industry, and they affect all stages of the food supply chain (FSC). Food loss and waste are linked to environmental deterioration, economic loss, and an increase in hunger. Therefore, the food industry requires sustainable consumption and production (SCP) to reduce losses and waste.The circular economy (CE) concept has become a popular strategy for reducing food waste and boosting sustainability. Therefore, with efficient reverse logistics in the FSC, food producers can help achieve sustainable development goals (SDGs) like SCP and zero hunger. In literature, minimal research has been available in identifying the CE adoption challenges in FSC. This research identifies 15 critical challenges from the literature and discussion with the panel of experts. The relationship between the challenges has been established through an interpretive structural modeling (ISM) technique. The challenges were characterized in cause-effect according to their relational intensity obtained using the grey decision-making trial and evaluation laboratory (DEMATEL) technique. Grey's relational theory is applied in DEMATEL to minimize uncertainty and vagueness of the expert judgment. The findings of this study suggest that creating policy from the government, providing incentives, and strictly enforcing environmental regulations are the most critical challenge. Hence, by focusing on the above, the effective adoption of the CE principle is achieved. This result also suggests that by addressing the challenges of CE, corporate social responsibility (CSR) can be performed. This study provides some recommendations for the practitioners to adopt CE towards sustainable development targets.

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“…Dantas et al (2021) conducted a comprehensive literature review to evaluate how the integration of I4.0 and CE can lead to the achievement of the SDGs. Kayikci et al (2022c) analysed the drivers of smart and sustainable circular supply chain for reaching SDGs through stakeholder theory. Kayikci et al (2021b) presented the concept of a SCSC for the achievement of SDGs for post-pandemic preparedness.…”

Section: Readiness and Maturity Context For Industry 40 And Circular ...mentioning

confidence: 99%

“…For this purpose, Smart Circular Supply Chain (SCSC) is designed to be flexible and versatile, responsive to supply chain challenges and disruptions (Gupta et al, 2019;Butner, 2010). Some scholars imply that supply chains need to adapt to the new industrial revolution, also known as I4.0 and CE to stay competitive, to respond proactively, and to achieve more sustainable resource management capabilities to bring environmental, social, and economic advantages (Kayikci et al, 2022b;Kayikci et al, 2022c;Kayikci et al, 2022a;Ozkan-Ozen et al, 2020). Furthermore, the implementation of I4.0 and CE in the supply chain may also create an opportunity to achieve Sustainable Development Goals (SDGs) (Kayikci et al, 2021b;Kayikci et al, 2014).…”

Section: Introductionmentioning

confidence: 99%

Assessing smart circular supply chain readiness and maturity level of small and medium-sized enterprises

Kayıkçı

Kazançoğlu

Gozacan‐Chase

et al. 2022

Journal of Business Research

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Analyzing the drivers of smart sustainable circular supply chain for sustainable development goals through stakeholder theory

Abstract: Analyzing the drivers of smart sustainable circular supply chain for sustainable development goals through stakeholder theory. Business Strategy and the Environment.

Cited by 51 publications

References 143 publications

Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

Circular economy adoption challenges in the food supply chain for sustainable development

Assessing smart circular supply chain readiness and maturity level of small and medium-sized enterprises

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