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Circular Economy Practices in Supply Chain Management
Abstract
In recent years, the concept of a circular economy has gained significant traction as a sustainable approach to resource management and economic development. Unlike the traditional linear model of take-make-dispose, a circular economy aims to minimize waste generation and maximize resource efficiency by promoting product reuse, recycling, and regeneration. This paradigm shift has profound implications for supply chain management, where organizations play a pivotal role in shaping the transition towards more sustainable practices. Despite the growing interest in circular economy concepts, the integration of these principles into supply chain management remains a complex and evolving challenge. Organizations, especially in the construction industry, face various barriers, including technological limitations, regulatory constraints, and cultural inertia. This chapter interrogates the nexus between circular economy practices in supply chain management from a construction industry perspective.
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