| Title | Economic-financial analysis procedure: Implementation of inter-organizational circular systems |
|---|---|
| ID_Doc | 8218 |
| Authors | Gularte, AC; de Paula, IC; de Souza, JS; Sum, FF |
| Title | Economic-financial analysis procedure: Implementation of inter-organizational circular systems |
| Year | 2024 |
| Published | |
| Abstract | Circular Economy is widely discussed in the literature, however, the implementation of these systems in the real world still faces significant challenges. Namely, the collaboration of managers from different companies with diverse expectations and values to operate jointly in reverse logistics systems and waste revalorization is not trivial. The aim of this research is to develop a procedure for economic-financial analysis and financial risk assessment to assist members of emerging inter-organizational circular systems in evaluating whether the system will bring mutual benefits throughout the different phases of the project. The Design Science Research methodology was used to develop a tool for evaluating financial and risk indicators with a "win-win" perspective. A case study was conducted in a Brazilian multinational involving the implementation of a pilot circular system for footwear rubber waste. The study provided practical and theoretical contributions by diagnosing the economicfinancial situation of the circular system. Moreover, we adapted the concepts of economic-financial feasibility analysis to consider interdependence among links in the circular chain. The tool enables sensitivity analysis and scenario assessments, and a preliminary Excel dashboard was developed for the client company use. |
Similar Articles
| ID | Score | Article |
|---|---|---|
1960
|
Reigado, CR; Fernandes, SD; Saavedra, YMB; Ometto, AR; da Costa, JMH A Circular Economy toolkit as an alternative to improve the application of PSS methodologies(2017) | |
| 1795
|
Alivojvodic, V; Kokalj, F Drivers and Barriers for the Adoption of Circular Economy Principles towards Efficient Resource Utilisation(2024)Sustainability, 16, 3 | |
| 2387
|
Ramos, D; Fonseca, L; Gonçalves, J; Carvalho, R; Carvalho, S; Santos, G Cost-Benefit Analysis of Implementing Circular Economy in a Portuguese Company: From a Case Study to a Model(2022)Quality Innovation Prosperity-Kvalita Inovacia Prosperita, 26, 1 | |
| 17031
|
Brändström, J; Eriksson, O How circular is a value chain? Proposing a Material Efficiency Metric to evaluate business models(2022) | |
| 28573
|
Fedele, M; Formisano, V Waste from criticality to resource through an innovative circular business model: A case study in the manufacturing industry(2023) | |
| 416
|
Dragomir, VD; Dutescu, A New business models in the Circular Economy(2022)Proceedings Of The International Conference On Business Excellence, 16, 1 | |
| 5851
|
Bianchini, A; Rossi, J; Pellegrini, M Overcoming the Main Barriers of Circular Economy Implementation through a New Visualization Tool for Circular Business Models(2019)Sustainability, 11, 23 | |
| 760
|
Choudhary, D; Kumar, R Risk investigation in circular economy: a hierarchical decision model approach(2024)International Journal Of Logistics-Research And Applications, 27, 1 | |
| 3210
|
Salesa, A; León, R; Moneva, JM Is Business Research Shaping the Circle? Systematic and Bibliometric Review of Circular Economy Research(2022)Sustainability, 14, 14 | |
| 21567
|
Kambanou, ML; Sakao, T Using life cycle costing (LCC) to select circular measures: A discussion and practical approach(2020) |