| Title |
Circular economy: Factors affecting the financial performance of product take-back systems |
| ID_Doc |
28605 |
| Authors |
Uhrenholt, JN; Kristensen, JH; Rincón, MC; Jensen, SF; Waehrens, BV |
| Title |
Circular economy: Factors affecting the financial performance of product take-back systems |
| Year |
2022 |
| Published |
|
| DOI |
10.1016/j.jclepro.2021.130319 |
| Abstract |
Product take-back systems are fundamental for Circular Economy (CE) and focus on recovering value by taking back products to be recycled, re-manufactured, or refurbished. In theory, the expected value from CE is undeniable. However, in practice product take-back systems are often in small/pilot scale or have difficulties becoming financially viable, which is an obstacle towards the widespread adoption of CE in practice and thus a barrier to achieving a sustainable manufacturing system. This study uses a structured literature review to explore the factors affecting the financial performance of the product take-back system and investigate how 12 factors, clustered into three different dimensions; context, supply chain, and company, affect financial performance. Based on these findings, two propositions are made on how these factors are interrelated in a system perspective and how further research should build on these findings. |
| Author Keywords |
Closed-loop supply chain; Circular business model; Circular product design; Literature review; Sustainability; Re-manufacturing |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:000795430600004 |
| WoS Category |
Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences |
| Research Area |
Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology |
| PDF |
https://doi.org/10.1016/j.jclepro.2021.130319
|