Impediments of product recovery in circular supply chains: Implications for sustainable development

Dindayal Agrawal, Ashish Dwivedi, Anchal Patil and Sanjoy Kumar Paul

Sustainable Development, 2023, vol. 31, issue 3, 1618-1637

Abstract: Product recovery has fascinated the concentration of organizations and is prominent among industry practitioners and researchers due to improved environmental concerns, social awareness, and economic benefits. Circular supply chain (CSC) compounds the concept of product recovery in global supply chain management to present a sustainable perspective. Therefore, this study aims to determine impediments of product recovery and CSC toward sustainable production and consumption in the background of manufacturing organizations. This study determines potential impediments from literature and in consultation with experts. Further, a fuzzy VIKOR approach is practiced to prioritize the impediments of product recovery and CSC. Then, a sensitivity analysis is conducted to verify the robustness of the framework attained. The results from the study reflect that “lack of collaboration from supply chain performers”, “lack of tax policies for facilitating CSC models” and “limited expertise, technology, information on CSC practices” are the critical impediments to product recovery in CSCs. The findings of the study could assist industry managers and practitioners in developing procedures and strategies to attain sustainable development.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:wly:sustdv:v:31:y:2023:i:3:p:1618-1637

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