Closed Product Life Cycle as a Basis of the Circular Economy

Vetrova, Maria; Ivanova, Dinara

doi:10.35609/jber.2021.5.4(4)

Cited by 6 publications

(10 citation statements)

References 30 publications

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“…Additionally, the research shows that the customer has become a vital actor in CE transformation because DTs bring customer data into business decision‐making, such as the design phase (Vetrova & Ivanova, 2021). It also provides customers with feedback on environmental impacts to raise customers' sustainable awareness (Akkad & Bányai, 2021).…”

Section: Discussionmentioning

confidence: 99%

“…Our review, having synthesized 782 original codes, defined “monitoring” as a function that covers real‐time updates on processes in a fixed position, while “tracking & tracing” covers a specific moving item's past and current changes. However, some literature uses these terms differently, such as tracking the environment (Tseng et al, 2021), monitoring used product parts (Ada et al, 2021), and monitoring and tracking products (Vetrova & Ivanova, 2021; Wegner‐Kozlova & Guman, 2020).…”

Section: Discussionmentioning

confidence: 99%

“…Similarly, companies can use IoT to collect data from the reverse supply chain, such as the locations and conditions of used products and wastes. These data can be analysed to improve the reverse supply chain efficiency, especially through accelerating the recycling process and increasing material recovery (Dev et al, 2020; Rajput & Singh, 2019; Vetrova & Ivanova, 2021).…”

Section: The Framework Of Digital Functions For Circular Economymentioning

confidence: 99%

“…Digital functions mainly support relocating used products through finding the reusable products, then selling them to the second‐hand customers. Track and trace , monitor , and collect were considered useful for the finding and provide information about products that are ready for reuse, such as the products in‐use data, the real‐time condition, and their location (Vetrova & Ivanova, 2021). Innovate , unlike the former, mainly supports the trading process.…”

Section: The Framework Of Digital Functions For Circular Economymentioning

confidence: 99%

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A framework of digital technologies for the circular economy: Digital functions and mechanisms

et al. 2022

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Digital technology is regarded as providing a promising means of moving production and consumption towards the circular economy. However, it is still unclear which functions of digital technologies are most useful to improving circularity, and how these functions could be used to enhance different circular economy strategies. This paper aims to address this knowledge gap by conducting a systematic literature review. After examining 174 papers, creating 782 original codes and 259 secondround codes, the study identifies 13 critical functions of digital technologies which are most relevant to circular economy strategies. The paper then proposes a framework which reveals seven mechanisms of how these digital functions can enhance different circular economy strategies. The framework also reveals which combinations of the digital functions and circular economy strategies have already been studied extensively as well as where there may be gaps. This indicates which digital functions are more mature in terms of possible implementation for circular economy as well as what missing links there are in the empirical and theoretical research. The study advances the synergies between digital technologies and the circular economy paradigm through the lens of digital functions. The proposed framework and mechanisms build a theoretical foundation for future research, and we highlight five research areas for further studies. This study also provides a structured way for managers to explore the appropriate digital functions for their CE strategies, so as to identify required digital technologies and new value creation through digital functions.

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

Section: The Framework Of Digital Functions For Circular Economymentioning

confidence: 99%

Section: The Framework Of Digital Functions For Circular Economymentioning

confidence: 99%

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A framework of digital technologies for the circular economy: Digital functions and mechanisms

et al. 2022

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“…Keywords: closed product life cycle; extended producer responsibility; circular economy; recycling; secondary use Введение В последние десятилетие в теории и практике активно развивается концепция циркулярной экономики, которая направлена на решение глобальных проблем, связанных с минимизацией выбросов парниковых газов и климатическими изменениями, снижением зависимости загрязнения окружающей среды от роста ВВП, экологически эффективной утилизацией отходов и вторичным использованием продукции бывшей в употреблении, поиском эффективных способов безотходного производства и потребления. Под циркулярной экономикой (или экономикой замкнутого цикла) авторами понимается экономическая система, в которой оптимально смоделированы и реализованы замкнутые цепи создания стоимости для целей восстановления, повторного использования, оптимизации и сбережения ресурсов с применением цифровых технологий и инновационных бизнес-моделей для одновременного достижения безотходности производства и потребления, устойчивого экономического роста, социально-экономической и экологической эффективности [1].…”

Section: Vetrova Ma Ivanova DVunclassified

Development of a Closed Product Life Cycle and the “Polluter Pays” Principle in the Context of the Circular Economy

Vetrova¹,

Ivanova²

2021

НК

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With the current volumes of global consumption, the linear economic model of creating products with their further use and subsequent burial in landfills without taking into account environmental, social and economic consequences has proved to be ineffective and has caused a number of global problems. For sustainable development and the future, where waste is an asset and any value is restored, a circular economy model based on a closed product life cycle and the principle of extended producer responsibility, which have become the object of special attention of this study, has been actively formed in recent years. This article presents the main ways of recycling products and waste that meet the principles of sustainable development and the creation of a circular economy to achieve environmental safety, economic growth, environmental protection and social benefits. Objective: to develop a business decision-making process on the method of recycling products at the end of the life cycle as an integral part of the extended responsibility of the manufacturer for “closing the circuit” in the conditions of the development of the circular economy. Methods: general scientific methods of institutional, regulatory, economic analysis and synthesis of best practices and scientific literature within the framework of the modern concept of sustainable development. Results: methods of disposal of products at the end of use and waste are systematized, taking into account environmental, economic and social benefits, strategies of relations between the consumer and the manufacturer for the return of the product are correlated with circular business models, a business decision-making process for choosing a method of disposal of products at the end of the life cycle is developed. Scope of the results: the results of this study can be used by enterprises when implementing circular business models and expanding the responsibility of the manufacturer for the disposal of products at the end of its life cycle, by state authorities when forming a sustainable development strategy, as well as introducing a model of the circular economy of the Russian Federation to achieve climate neutrality and environmental safety, improve the welfare of citizens, economic efficiency and competitiveness of enterprises.

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The four Ps of closed-loop manufacturing: a hybrid SEM-ANN model for optimizing sustainable performance

Qureshi,

Iftikhar,

Iqbal

et al. 2024

BPMJ

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PurposeDespite the growing interest in closed-loop manufacturing, there is a lack of comprehensive frameworks that integrate product development, production processes, people and policies (4Ps) to optimize sustainable manufacturing performance. This study investigates the influence of the four Ps of closed-loop manufacturing systems (product development, production processes, people and policies) on sustainable manufacturing performance (SMP).Design/methodology/approachTo investigate the influence of the four Ps on SMP, a hybrid analytical model was employed, combining structural equation modeling (SEM) with artificial neural networks (ANN). Data were collected through a structured survey administered to 353 manufacturing firms in Malaysia. SEM was used to assess the relationships between the variables, while ANN was employed to capture nonlinear relationships and improve prediction accuracy.FindingsThe research findings demonstrate that product development practices, including eco-design, life cycle assessment and resource planning, exert the most significant influence on SMP. Furthermore, implementing green and lean manufacturing techniques, energy modeling and material utilization/toxicity planning significantly enhances sustainability outcomes. While the social setting (employee motivation, turnover and work–life quality) does not directly impact SMP, it plays a pivotal role in facilitating the implementation of internal environmental policies. Moreover, environmental management practices, both mandatory and voluntary, serve as intermediaries between the four Ps and SMP within closed-loop manufacturing systems.Practical implicationsThe findings offer valuable insights for policymakers, industry leaders and manufacturing organizations. By prioritizing product development, implementing green and lean manufacturing practices and fostering a positive social setting, organizations can significantly enhance their sustainable performance. Additionally, the study highlights the importance of effective environmental management practices in mediating the relationship between other factors and SMP.Originality/valueThis study contributes to the literature by providing a comprehensive framework for understanding the factors that drive sustainable manufacturing performance. The hybrid SEM-ANN model offers a robust and innovative approach to analyzing the complex relationships between the four Ps and SMP.

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Closed Product Life Cycle as a Basis of the Circular Economy

Cited by 6 publications

References 30 publications

A framework of digital technologies for the circular economy: Digital functions and mechanisms

A framework of digital technologies for the circular economy: Digital functions and mechanisms

Development of a Closed Product Life Cycle and the “Polluter Pays” Principle in the Context of the Circular Economy

The four Ps of closed-loop manufacturing: a hybrid SEM-ANN model for optimizing sustainable performance

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