Title |
A system dynamics approach to product design and business model strategies for the circular economy |
ID_Doc |
3441 |
Authors |
Franco, MA |
Title |
A system dynamics approach to product design and business model strategies for the circular economy |
Year |
2019 |
Published |
|
DOI |
10.1016/j.jclepro.2019.118327 |
Abstract |
By means of a system dynamics computer simulation model, this paper analyzes the systemic effects of combining multiple product design and business model strategies for slowing and closing resource loops in a circular economy. In the model, green (i.e., recycled) and brown (i.e., traditional linear) products, as well as products under a PSS model, flow in a closed-loop supply chain. The model structure covers issues related to product design, product use and replacement, second-hand use, product discard, and finally, collection and processing for product recycling. Results from this research provide insights into the relationship between design considerations at the beginning of a product's life and their implications for the product's take-back stage when a new manufacturing cycle begins. The main contributions of this paper are the considerations of time delays and reinforcing feedback loops in the design of an effective closed-loop supply chain. (C) 2019 Elsevier Ltd. All rights reserved. |
Author Keywords |
Circular economy; Circular product design; Circular business models; System dynamics; Simulation |
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:000489275900064 |
WoS Category |
Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences |
Research Area |
Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology |
PDF |
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