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Scientific Article details

Title Admitting risks towards circular economy practices and strategies: An empirical test from supply chain perspective
ID_Doc 2862
Authors Dulia, EF; Ali, SM; Garshasbi, M; Kabir, G
Title Admitting risks towards circular economy practices and strategies: An empirical test from supply chain perspective
Year 2021
Published
DOI 10.1016/j.jclepro.2021.128420
Abstract This article attempts to evaluate risks associated with circular economy (CE) practices and strategies in circular supply chains (CSCs) in response to the research gap related to the risks in CSCs in the current body of knowledge. There is a need for risk classification and examination for increasing the CSC effectiveness in the industry. These kinds of studies in developing countries like Bangladesh are few. To reach the goals of this study, for evaluating the risk factors obtained from a survey-design and feedback from experts, a fuzzy synthetic evaluation (FSE) approach-based model is developed. The findings revealed that "quality degradation of recycled products" and "CE framework risks" are the most critical risk factors and groups in CSC initiatives, respectively. The findings are essential because they enable experts to understand the urgency in managing risks associated with CSC concepts. Therefore, the findings can be used to help industrial managers, government policymakers, and other stakeholders across the CSC of interest to implement and maintain the CSCs given the acknowledged risks.
Author Keywords Circular supply chain (CSC); Circular economy practices (CEP); Circular economy strategies (CES); Risk assessment; Fuzzy synthetic evaluation (FSE)
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:000723159400007
WoS Category Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences
Research Area Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology
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