Building a data‐driven circular supply chain hierarchical structure: Resource recovery implementation drives circular business strategy
The circular supply chain has recently received more attention as a relevant solution to effectively tackle environmental issues while simultaneously achieving resource recovery and circular business strategy benefits. This study builds a hierarchical circular supply chain structure from big data in...
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Published in | Business strategy and the environment Vol. 31; no. 5; pp. 2082 - 2106 |
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Main Authors | , , , , , |
Format | Journal Article |
Language | English |
Published |
Chichester
Wiley Periodicals Inc
01.07.2022
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Subjects | |
Online Access | Get full text |
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Abstract | The circular supply chain has recently received more attention as a relevant solution to effectively tackle environmental issues while simultaneously achieving resource recovery and circular business strategy benefits. This study builds a hierarchical circular supply chain structure from big data including qualitative and quantitative information. This study uses data‐driven analysis to clarify circular supply chain trends and opportunities in practice. A valid hierarchical circular supply chain structure is composed of a big dataset. However, the attributes of the hierarchical circular supply chain structure must be explored to identify the opportunities and challenges of the circular supply chain. A combination of data‐driven content and cluster analysis, including the fuzzy Delphi method, fuzzy decision‐making trials, evaluation laboratories, and the entropy weight method, is utilized to address this gap. The study analyzes a set of five attributes from the literature, and 23 criteria are validated. The results show that resource recovery implementation, Industry 4.0 and digitalization, and reverse supply chain practice pertain to the causal group, while circular business strategy and life cycle sustainability assessment are included in the effect group. The conclusive criteria comprise material efficiency, waste‐to‐energy, machine learning, e‐waste, plastic recycling, and artificial intelligence. |
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AbstractList | The circular supply chain has recently received more attention as a relevant solution to effectively tackle environmental issues while simultaneously achieving resource recovery and circular business strategy benefits. This study builds a hierarchical circular supply chain structure from big data including qualitative and quantitative information. This study uses data‐driven analysis to clarify circular supply chain trends and opportunities in practice. A valid hierarchical circular supply chain structure is composed of a big dataset. However, the attributes of the hierarchical circular supply chain structure must be explored to identify the opportunities and challenges of the circular supply chain. A combination of data‐driven content and cluster analysis, including the fuzzy Delphi method, fuzzy decision‐making trials, evaluation laboratories, and the entropy weight method, is utilized to address this gap. The study analyzes a set of five attributes from the literature, and 23 criteria are validated. The results show that resource recovery implementation, Industry 4.0 and digitalization, and reverse supply chain practice pertain to the causal group, while circular business strategy and life cycle sustainability assessment are included in the effect group. The conclusive criteria comprise material efficiency, waste‐to‐energy, machine learning, e‐waste, plastic recycling, and artificial intelligence. |
Author | Tran, Thi Phuong Thuy Chen, Chih‐Cheng Lin, Chun‐Wei Ha, Hien Minh Bui, Tat‐Dat Tseng, Ming‐Lang |
Author_xml | – sequence: 1 givenname: Ming‐Lang orcidid: 0000-0002-2702-3590 surname: Tseng fullname: Tseng, Ming‐Lang email: tsengminglang@gmail.com organization: China Medical University – sequence: 2 givenname: Hien Minh surname: Ha fullname: Ha, Hien Minh organization: Foreign Trade University – sequence: 3 givenname: Thi Phuong Thuy surname: Tran fullname: Tran, Thi Phuong Thuy organization: Foreign Trade University – sequence: 4 givenname: Tat‐Dat surname: Bui fullname: Bui, Tat‐Dat organization: Asia University – sequence: 5 givenname: Chih‐Cheng surname: Chen fullname: Chen, Chih‐Cheng organization: Mingdao University – sequence: 6 givenname: Chun‐Wei surname: Lin fullname: Lin, Chun‐Wei organization: Asia University |
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SubjectTerms | Artificial intelligence Attributes Big Data Business circular business strategy circular supply chain Cluster analysis Criteria data‐driven analysis Decision analysis Decision making Delphi method Digitization Entropy Entropy (statistics) Industry 4.0 and digitalization Intelligence Life cycle analysis Life cycle assessment Life cycles Machine learning Plastics recycling Qualitative analysis Recovery Recycling Resource recovery reverse supply chain Structural hierarchy Supply Supply chains Waste to energy Weighting methods |
Title | Building a data‐driven circular supply chain hierarchical structure: Resource recovery implementation drives circular business strategy |
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