Closed-loop supply chain management (CLSCM) in the circular economy
Keywords:
supply chain management, closed-loop supply chain, circular economyAbstract
The concept of a circular economy, where waste is minimized and natural resources are conserved, has gained increasing attention in recent years. Closed-loop supply chain management (CLSCM) is a critical approach to achieving this goal, and it involves the integration of reverse logistics, remanufacturing, and waste management practices. By designing products with reuse and refurbishment, companies can reduce waste, conserve natural resources, and improve their sustainability. This paper aims to present the possibility of implementing closed-loop supply chain management (CLSCM) in every sector where physical flows of goods are the main focus of logistics support and supply chain management. Of course, it does not eliminate the services-related sectors; however, the specifics of their activities and processes determine the other scope of CLSCM practices.
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