Tags:Circular Economy, collaboration and value-focused supply chain
Abstract:
The transition towards Circular Economy (CE) is a necessary one for solving environmental issues but ensuring that the needs of societies are met. Numerous barriers to CE have been identified, including lack of knowledge and available technologies (Jesus et al., 2021). The different barriers to CE also vary, as there is no universal solution to CE, especially when considering geography (Przywojska et al., 2019). Yet in the same breath these two barriers are often solved by co-creation and collaboration (Jesus et al., 2021). Collaboration alone will not solve the issues faced, as it will require a fundamental shift in supply chain operations and how the parties within the supply chain view their goals. A supply chain within the CE must shift its focus from cost to value creation. This paper aims to investigate the opportunities that lie within a circular supply chain and how they create value. To achieve this goal, this paper will answer the research question of “How does a circular supply chain operate?”. The question will uncover specific traits of a circular value-focused supply chain. The research combines methods of desk top research and qualitative research and will include two case studies. The data is collected in the form of semi-structured interviews and a desk top research. The results of the research show that collaboration within the remote areas of Finland, while hindered by long transportation distances, can be tackled with effective and well-planned collaboration. The findings together with the reviewed literature acted as a starting point to build a framework of circular value-focused supply chains. These findings contribute to the literature of circular economy, specifically offering a framework upon which other supply chain management theories can be built. In turn, this study yields managerial contributions in giving a practical and detailed framework that could act as a road map into achieving a circular value-focused supply chain.
Value and the Circular Economy – a Study on Circular Value-Focused Supply Chains in Remote Areas