In the evolving business landscape, traditional linear supply chains are increasingly scrutinized for their environmental impact and resource inefficiencies. This viewpoint explores the paradigm shift toward circular supply chains that prioritize sustainability through resource reuse, recycling, and regeneration. It delves into circularity's economic and environmental benefits, such as cost savings from resource recovery and reduced waste disposal expenses. The report also addresses this transition's operational, technical, and strategic complexities.
A significant focus is placed on the role of advanced technologies – data analytics, internet of things, and blockchain – in overcoming these challenges and optimizing circular supply chain operations. Additionally, it underscores the importance of third-party providers in offering specialized expertise and innovative solutions to guide businesses through adopting circular practices.
This viewpoint is valuable for C-suite executives and business leaders, providing actionable strategies to integrate circular practices across supply chain operations and navigate the future of supply chains.
Scope
All industries and geographies
Contents
In this report, we examine:
Linear supply chain barriers
Circular supply chains and key drivers
Key interventions enabling circular supply chains, including process interventions and technology enablers