What is it about?
This study delves into the under-explored role of procurement in advancing CBMs within organizations. Emphasis is placed on supporting recyclability, reusability, waste reduction, and ethical standards aligned with competitive strategies. The study introduces a circular procurement framework, demonstrating its potential to drive CBM adoption.
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Why is it important?
Theoretical contributions involve applying CE and CBM theories to procurement, identifying its role in CBM organization, uncovering barriers, and linking them to organizational context and financial considerations
Perspectives
The research provides managerial guidance, emphasizing the pivotal link between procurement and CBM success, offering actionable insights for effectively navigating challenges, and fostering a culture of sustainable circularity within manufacturing businesses.
Dr. Thinh Gia Hoang
Western Sydney University
Read the Original
This page is a summary of: The critical role of procurement in the emergence of circular business models: Insights from multiple cases of Vietnamese manufacturers, Business Strategy and the Environment, July 2024, Wiley,
DOI: 10.1002/bse.3888.
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