The Roadmap for a Circular Economy

Author:

Chilba Simona1ORCID,Kabiraj Sajal1ORCID

Affiliation:

1. Häme University of Applied Sciences, Finland

Abstract

The mission of this chapter is to reinforce the need of implementing circularity within any type of economy, especially within the supply chain industry, the reconstructive methods that can be used to design a regenerative pathway, and the change in accountability that has to take place. The final outcome of the chapter will be perfecting an applicable roadmap to distinctive business models. The chapter will also clarify the link needed to be developed between all involved stakeholders, and will look into how each performing actor has to model itself and its own thinking towards a cycle view of societal and business welfare. Each block of the newly created roadmaps represented a step in acquiring total circularity, a full cycle of renewal and regeneration of what used to be called “waste”. Is about the actions taken, the processing, logistics, procurements, consumption changes, and continuance. Each mile of the roadmap has to be considered and rethought in such a way that circularity is attained.

Publisher

IGI Global

Reference35 articles.

1. Banker, S. (2021). The Circular Supply Chain: A Push For Sustainability. Forbes.https://www.forbes.com/sites/stevebanker/2021/06/29/the-circular-supply-chain-a-push-for-sustainability/?sh=3555436837c1

2. Aligning retail reverse logistics practice with circular economy values: an exploratory framework

3. Aligning retail reverse logistics practice with circular economy values: an exploratory framework

4. Beveragedaily. (2019). Nestlé reveals world’s largest Milo factory. Beverage Daily.https://www.beveragedaily.com/Article/2019/09/25/Nestle-reveals-world-s-largest-Milo-factory

5. Cascade Strategy. (2021). Strategy Study: How Nestlé Became The World’s Largest Food Company. Cascade.app. https://www.cascade.app/strategy-factory/studies/nestl%C3%A9-strategy-study

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