Circular Economy Procurement Models for Reducing Supply Chain Waste in Emerging Markets
DOI:
https://doi.org/10.63084/econova.v3i1.84Keywords:
Circular Economy, Sustainable Procurement, Supply Chain Waste, Emerging Markets, Reverse Logistics, Resource Efficiency, Green Supply Chain ManagementAbstract
The increasing volume of supply chain waste in emerging markets has intensified the need for sustainable procurement strategies capable of improving resource efficiency and minimizing environmental degradation. Traditional linear procurement systems, characterized by the “take-make-dispose” approach, have contributed significantly to material wastage, inefficient resource utilization, and rising operational costs across manufacturing and logistics networks. This study examines the role of circular economy procurement models in reducing supply chain waste within emerging market economies. The research explores how circular procurement practices, including sustainable sourcing, reverse logistics, recycling, remanufacturing, and supplier collaboration, can enhance supply chain sustainability and operational performance. The study further investigates the integration of digital technologies such as Artificial Intelligence (AI), Internet of Things (IoT), blockchain, and big data analytics in supporting circular procurement implementation and waste monitoring processes. A mixed-method research approach is proposed, combining survey data, case studies, and statistical analysis to evaluate the relationship between circular procurement adoption and waste reduction outcomes. The study develops a conceptual framework that links circular procurement strategies with resource optimization, environmental performance, and supply chain resilience. Findings are expected to demonstrate that circular procurement significantly reduces material waste, improves procurement efficiency, and strengthens sustainability performance in emerging markets. The study contributes to the growing body of knowledge on sustainable supply chain management by providing a practical and scalable circular procurement framework suitable for organizations operating in resource-constrained environments.
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