Business models and closed‐loop supply chains: a typology

2005 ◽  
Vol 10 (4) ◽  
pp. 249-251 ◽  
Author(s):  
Peter Wells ◽  
Margarete Seitz
Keyword(s):  
Supply Chains ◽  
Automotive Industry ◽  
Research Agenda ◽  
Business Models ◽  
Closed Loop ◽  
Value Added ◽  
Sustainable Business ◽  
Content Type ◽  
Closed Loop Systems ◽  
Closed Loop Supply Chains

PurposeTo delineate typologies that capture the relationship between closed‐loop supply chains and value‐added business models, and thereby to suggest a research agenda for the transition to sustainable business.Design/methodology/approachDevelops four new theoretical categories or typologies of closed‐loop systems and applies them to the context of the automotive industry. Conceptual, rather than empirical.FindingsThat hybrid closed‐loop systems can be combined with innovative non‐linear value configurations to enable the transition to more sustainable production and consumption.Research limitations/implicationsIdentifies research agenda to explore how novel business models can integrate with various closed‐loop systems. Theoretical, but grounded in research into the automotive industry.Practical implicationsThat closed‐loop systems are best implemented outside traditional linear value added structures.Originality/valuePlaces closed‐loop systems at the heart of the (redesigned) business model rather than as an accessory that must be adapted to the demands of existing approaches. Suggests scholars should be part of this innovative process, not merely observers.

Consumer value considerations and adoption of remanufactured products in closed-loop supply chains

2018 ◽  
Vol 118 (2) ◽  
pp. 480-498 ◽  
Author(s):  
Yacan Wang ◽  
Benjamin T. Hazen ◽  
Diane A. Mollenkopf
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Perceived Risk ◽  
Closed Loop ◽  
Perceived Value ◽  
Perceived Quality ◽  
Consumer Acceptance ◽  
Closed Loop Supply Chain ◽  
Content Type ◽  
Closed Loop Supply Chains

Purpose The success of closed loop supply chains is contingent upon consumer acceptance of remanufactured products, yet little is known about how consumers value such products. The purpose of this paper is to provide theoretical grounding for understanding consumers’ value perceptions as related to remanufactured products. Design/methodology/approach Diffusion of innovation theory and customer perceived value literature help form the theoretical model, which is tested empirically using survey data of consumers. Structural equation modeling was employed to test the hypotheses. Findings Perceived value of remanufactured products is measured as a function of perceived benefits (environmental benefits; price advantage) and perceived sacrifices (perceived quality; perceived risk), all of which are shown to impact perceived value. Additionally, perceived risk is found to partially mediate the relationship between perceived quality and perceived value. Originality/value This research makes two significant contributions. First, mid-range theory that is contextualized to the closed loop supply chain is developed to aid researchers and practitioners in better understanding the consumer’s role in the closed loop supply chain, as related to the acceptance of remanufactured products. Second, consumer acceptance of remanufactured products represents a form of supply chain demand risk that has previously been unrecognized. The results provide a foundation for incorporating this type of demand risk in to future research efforts.

scholarly journals Water-Energy-Nutrients Synergies in the Agrifood Sector: A Circular Economy Framework

Energies ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 159
Author(s):  
Efthymios Rodias ◽  
Eirini Aivazidou ◽  
Charisios Achillas ◽  
Dimitrios Aidonis ◽  
Dionysis Bochtis
Keyword(s):  
Renewable Energy ◽  
Circular Economy ◽  
Industrial Wastewater ◽  
Business Models ◽  
Closed Loop ◽  
Value Added ◽  
Agricultural Activities ◽  
Agricultural Systems ◽  
Chemical Fertilizers ◽  
Closed Loop Systems

Circular economy is emerging as a regenerative concept that minimizes emissions, relies on renewable energy, and eliminates waste based on the design of closed-loop systems and the reuse of materials and resources. The implementation of circular economy practices in resource-consuming agricultural systems is essential for reducing the environmental ramifications of the currently linear systems. As the renewable segment of circular economy, bioeconomy facilitates the production of renewable biological resources (i.e., biomass) that transform into nutrients, bio-based products, and bioenergy. The use of recycled agro-industrial wastewater in agricultural activities (e.g., irrigation) can further foster the circularity of the bio-based systems. In this context, this paper aims to provide a literature review in the field of circular economy for the agrifood sector to enhance resource efficiency by: (i) minimizing the use of natural resources (e.g., water, energy), (ii) decreasing the use of chemical fertilizers, (iii) utilizing bio-based materials (e.g., agricultural/livestock residues), and (iv) reusing wastewater from agrifood operations. The final objective is to investigate any direct or indirect interactions within the water-energy-nutrients nexus. The derived framework of synergetic circular economy interventions in agriculture can act as a basis for developing circular bio-based business models and creating value-added agrifood products.

scholarly journals Learning-based dynamic capabilities in closed-loop supply chains: an expert study

2022 ◽  
Vol 33 (5) ◽  
pp. 69-84
Author(s):  
Ilkka Ritola ◽  
Harold Krikke ◽  
Marjolein C.J. Caniëls
Keyword(s):  
Supply Chains ◽  
Delphi Study ◽  
Incremental Learning ◽  
Dynamic Capabilities ◽  
Closed Loop ◽  
Functional Domain ◽  
Product Returns ◽  
Content Type ◽  
Strategic Adaptation ◽  
Closed Loop Supply Chains

Purpose Product returns information gives firms an opportunity for continuous strategic adaptation by allowing them to understand the reasons for product returns, learning from them and improving their products and processes accordingly. By applying the Dynamic Capabilities (DCs) view in the context of closed-loop supply chains (CLSC), this study explores how firms can continuously learn from product returns information.Design/methodology/approach This study adopts a qualitative Delphi study-inspired approach. Experts from industry and academia are interviewed in two interview rounds. First round of interviews are based on extant research, while the second round allows the experts to elaborate and correct the results.Findings This study culminates into a conceptual model for incremental learning from product returns information. The results indicate incremental learning from product returns can potentially lead to a competitive advantage. Additionally, the authors identify the sources of information, capabilities along with their microfoundations and the manifestations of product return information. Three propositions are formulated embedding the findings in DC theory.Research limitations/implications This study supports extant literature in confirming the value of product returns information and opens concrete avenues for research by providing several propositions.Practical implications This research elucidates the practices, processes and resources required for firms to utilize product returns information for continuous strategic adaptation. Practitioners can use these results while implementing continuous learning practices in their organizations.Originality/value This study presents the first systematic framework for incremental learning from product returns information. The authors apply the DC framework to a new functional domain, namely CLSC management and product returns management. Furthermore, the authors offer a concrete example of how organizational learning and DC intersect, thus advancing DC theoretical knowledge.

Recycling channel choice in closed-loop supply chains considering retailer competitive preference

2021 ◽  
pp. 1-26
Author(s):  
Zhidan Wu ◽  
Xiaohu Qian ◽  
Min Huang ◽  
Wai Ki Ching ◽  
Xingwei Wang ◽  
...  
Keyword(s):  
Supply Chains ◽  
Closed Loop ◽  
Channel Choice ◽  
Closed Loop Supply Chains

scholarly journals Coordinated Planning in Closed-loop Supply Chains and its Implications on the Production and Recycling of Lithium-ion Batteries

Procedia CIRP ◽  
2021 ◽  
Vol 98 ◽  
pp. 464-469
Author(s):  
Christian Scheller ◽  
Steffen Blömeke ◽  
Mathias Nippraschk ◽  
Kerstin Schmidt ◽  
Mark Mennenga ◽  
...  
Keyword(s):  
Supply Chains ◽  
Lithium Ion Batteries ◽  
Closed Loop ◽  
Lithium Ion ◽  
Closed Loop Supply Chains

Divide and Conquer Optimization for Closed Loop Supply Chains

2013 ◽  
Vol 52 (46) ◽  
pp. 16267-16283 ◽  
Author(s):  
T. Sundar Raj ◽  
S. Lakshminarayanan ◽  
J. F. Forbes
Keyword(s):  
Supply Chains ◽  
Closed Loop ◽  
Divide And Conquer ◽  
Closed Loop Supply Chains

Intertwining CSR with strategy – the way ahead

2014 ◽  
Vol 14 (2) ◽  
pp. 211-219 ◽  
Author(s):  
Shital Jhunjhunwala
Keyword(s):  
Business Strategy ◽  
Design Methodology ◽  
Business Models ◽  
Corporate Strategy ◽  
Sustainable Business ◽  
Socially Responsible ◽  
Content Type ◽  
Sustainable Business Models ◽  
Corporate Social

Purpose – The purpose of this paper is to emphasize the importance and means of making corporate social responsibility (CSR) an integral part of corporate strategy with the help of case studies. Design/methodology/approach – The article explores the transformation of business from being egocentric to socially responsible. With the use of examples it demonstrates how integrating CSR into strategy can create sustainable business models. Findings – Firms need to develop a framework for integrating CSR into their business strategy for long term successful survival. Social implications – Corporates and society are intertwined and mutually dependent. Business cannot survive without society's acquiescence nor succeed without its active support. Originality/value – The article explains the benefits of CSR and how to make it an integral part of business strategy to gain a competitive advantage.

Sign in / Sign up

Export Citation Format

Share Document