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The Role of Circular Economy in Reducing Supply Chain Waste: A Global Perspective

Chief Editors:  Mr. Irshadullah Asim Mohammed, Dr. Yogesh Mohan Gosavi, and Prof. (Dr.) Vineeta Kaur Saluja

Associate Editor: Mrs. Sruthi S

Co-Editors: Dr. S. Rajeswari, Dr. Nikhil Saini, and Ms. Atreyee Banerjee

ISBN:  978-81-985805-1-1

Chapter: 30

DOI: https://doi.org/10.59646/mrnc30/321

Author: Irshadullah Asim Mohammed

Abstract

The circular economy (CE) has emerged as a transformative approach to mitigating supply chain waste by promoting resource efficiency, sustainability, and closed-loop systems. This study explores the role of the circular economy in reducing waste across global supply chains, emphasizing its potential to minimize environmental impact while fostering economic growth. By replacing the traditional linear “take-make-dispose” model with regenerative practices such as recycling, remanufacturing, and reuse, organizations can significantly enhance resource productivity. The research highlights key strategies, including sustainable material sourcing, waste valorization, reverse logistics, and digital innovations like blockchain and IoT for waste tracking. Case studies from different industries illustrate how circular supply chain models contribute to long-term sustainability, regulatory compliance, and competitive advantage. Despite the benefits, challenges such as high implementation costs, policy constraints, and the need for stakeholder collaboration remain. Addressing these barriers requires strong regulatory frameworks, corporate commitment, and technological advancements. This study underscores the necessity of adopting circular economy principles for achieving resilient and sustainable global supply chains.

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