How does circular economy work in industry? Strategies, opportunities, and trends in scholarly literature

Silvério, Ana Cristina; Ferreira, João J.; Fernandes, Paula Odete; Dabić, Marina

doi:10.1016/j.jclepro.2023.137312

Cited by 17 publications

(3 citation statements)

References 151 publications

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“…Most research studies typically summarize the state of the art by systematic bibliographical search using standard terms, followed by document filtering and analysis. Such an influential study presents, for example, various approaches to business model innovation in the services of circular economy and sustainability [16] , or a more recent one discusses how circular economy works in various industrial settings [17] . Alternatively, expert opinion can be collected also by directed surveys.…”

Section: Related Workmentioning

confidence: 99%

Exploring hidden pathways to sustainable manufacturing for cyber-physical production systems

Pedone,

Váncza,

Szaller

2024

Heliyon

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Section: Related Workmentioning

confidence: 99%

Exploring hidden pathways to sustainable manufacturing for cyber-physical production systems

Pedone,

Váncza,

Szaller

2024

Heliyon

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“…This entails encouraging suppliers to adopt responsible practises and adhere to mutually agreed-upon standards. Transparency and traceability are two essential aspects of supply chain management [34]. Transparency refers to the provision of relevant information to consumers, enabling them to make well-informed decisions.…”

Section: Sustainable Supply Chainsmentioning

confidence: 99%

Reshaping Industry: Adoption of Sustainable Techniques providing Remanufacturing Solutions in High-Tech industries

Sharma,

Gaikwad,

Singh

et al. 2023

E3S Web Conf.

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The current industrial environment is seeing a significant change towards sustainability and the integration of modern technology. Remanufacturing is developing as a crucial solution that intersects both developments. This manuscript presents a synopsis of the upcoming comprehensive research report that examines the ongoing paradigm shift observed in several businesses around the globe. The practise of remanufacturing, which involves the restoration of used products to a condition comparable to that of newly manufactured items, is increasingly becoming recognised as an environmentally viable alternative to conventional manufacturing methods. This study investigates the role of remanufacturing in facilitating resource conservation, waste reduction, and the establishment of a circular economy. This study examines the environmental advantages, economic feasibility, and regulatory structures that facilitate the adoption of remanufacturing. In conjunction with the principle of sustainability, advanced technological solutions are significantly transforming the field of remanufacturing practises. State-of-the-art technologies, including artificial intelligence, robots, additive manufacturing, and the Internet of Things (IoT), are being utilised to optimise and augment the remanufacturing process. The present study work aims to conduct an analysis of the integration of various technologies, with a particular focus on evaluating their impact on efficiency, quality, and cost-effectiveness. This paper will examine how industries from diverse sectors are adopting remanufacturing as a central approach to achieve a more environmentally sustainable and technologically advanced future. The analysis will be supported by case studies and real-world examples.

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“…the foundation of this model, it is possible to promote concepts recognized by the management literature, such as circular economy and green economy(Silvério et al, 2023). Both integrate the combination of sustainable management in the different dimensions required by the company.…”

mentioning

confidence: 99%

The purpose of the company beyond its position in the market: The new agent of social development

Rodrich‐Portugal,

Marino‐Jiménez,

Mayurí‐Aguilar

et al. 2023

Bus Strat Dev

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The purpose of companies as profit generators has been questioned because of the relationship between strategy and results in the recent systemic crises. Therefore, it is necessary to implement strategies that allow economic sustainability, based on a better relationship with society and the environment. This means turning companies into agents for the development and protection of the community, as well as building trust for their own stakeholders. This article analyzes the bases for the consolidation of a purpose related to these principles, using system thinking for the integrated participation of Corporate Social Responsibility (CSR) and the Sustainable Development Goals (SDGs). This strategy allows replicability based on archetypes that explain dynamic relationships in organizations, with the flexibility and openness required to adapt to different contexts.

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How does circular economy work in industry? Strategies, opportunities, and trends in scholarly literature

Cited by 17 publications

References 151 publications

Exploring hidden pathways to sustainable manufacturing for cyber-physical production systems

Exploring hidden pathways to sustainable manufacturing for cyber-physical production systems

Reshaping Industry: Adoption of Sustainable Techniques providing Remanufacturing Solutions in High-Tech industries

The purpose of the company beyond its position in the market: The new agent of social development

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