Strategic framework towards measuring a circular supply chain management

Purpose Sustainability issues on economic, environmental and social perspectives have drawn attention of environmentalists, ecologists and governments. In this context, circular economy provides an opportunity to transform waste into resources, reduction of production and consumption activities; and...

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Bibliographic Details
Published in:Benchmarking : an international journal 2018-11, Vol.25 (8), p.3238-3252
Main Authors: Jain, Sourabh, Jain, Nikunj Kumar, Metri, Bhimaraya
Format: Article
Language:English
Subjects:
Business competition
Business metrics
Business models
Carbon
Carbon footprint
Circular economy
Circularity
Consumption
Design for recycling
Economics
Environmental impact
Environmentalists
Grounded theory
Landfill
Management
Performance evaluation
Performance management
Product design
Raw materials
Recycling
Reduction
Remanufacturing
Renewable resources
Supply chain management
Supply chains
Sustainability
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Summary:Purpose Sustainability issues on economic, environmental and social perspectives have drawn attention of environmentalists, ecologists and governments. In this context, circular economy provides an opportunity to transform waste into resources, reduction of production and consumption activities; and reduction of carbon footprints, all at the same time. The purpose of this paper is to develop a strategic framework for measuring circular supply chain management. Design/methodology/approach A grounded theory approach has been used to develop the strategic framework for circular supply chain management. Findings This study provides an integrative framework for studying, designing and evaluating circular supply chain management performance matrix. Research limitations/implications A conceptual strategic framework has been proposed to measure the performance of circular supply chain management. Further empirical studies may be carried out to validate the framework. Practical implications The conceptual strategic framework provides key indicators for reducing material consumption, reducing waste, reducing carbon footprint and recycling opportunities throughout the supply chain. These may be utilized by practitioners for gaining competitive advantage. Originality/value This paper provides insights into development of circular supply chains that provides opportunities for cost reduction and securing competitive advantage for a business in the long run.
ISSN:1463-5771
1758-4094
DOI:10.1108/BIJ-11-2017-0304