Enablers to Implement Circular Initiatives in the Supply Chain: A Grey DEMATEL Method
Shahbaz Khan,
Abid Haleem and
Mohd Imran Khan
Global Business Review, 2024, vol. 25, issue 1, 68-84
Abstract:
Circular economy (CE) is impacting the contemporary supply chain via transforming the production system, delivery method and product life solutions. CE models of a supply chain are relatively new, and organizations are trying to adopt circular practices to shift towards a CE. The primary aim of this study is to identify and investigate key enablers that assist organizations in taking initiatives towards the implementation of circular practices. In order to accomplish this objective, the key enablers of circular initiatives are identified through a comprehensive review of the available literature and then finalized through experts’ opinions. This study identifies ten significant enablers of circular initiatives and evaluates them appropriately through grey DEMATEL. The adopted methodology is to develop causal relationships among the identified enablers of circular initiatives. Further, it also categorizes the enablers of circular initiatives into cause and effect groups. The findings suggest that consumer attitude, top management commitment, economic incentives, policies and legal frameworks are vital for the implementation of circular initiatives. This study identifies and analyses the enablers that are significant for the implementation of circular practices and assists the managers/policy planners who want to move towards a CE.
Keywords: Circular economy; circular initiatives; circular practices; enablers; grey DEMATEL (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:globus:v:25:y:2024:i:1:p:68-84
DOI: 10.1177/0972150920929484
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