Track: Supply Chain Sustainability / Green Supply Chain

Abstract

This paper offers a comprehensive perspective on the implementation of Circular Supply Chain Management (CSCM) in the plastic industry within emerging economies, with a special focus on Bangladesh. As a developing country, Bangladesh is increasingly directing its attention towards green initiatives, sustainability, and robust waste management practices. The nation's commitment to these principles is pivotal in shaping responsible industrial practices and contributing to global sustainability goals. CSCM, integrating Circular Economy (CE) principles into supply chain management, presents a novel approach aligned with Bangladesh's dedication to environmentally conscious development. Despite the potential benefits, the practical application of CSCM encounters challenges attributed to various barriers. This study, conducted in the context of Bangladesh, not only characterizes these obstacles but also incorporates insights from subcontinental researchers who have delved into this field. Their valuable contributions provide a deeper understanding of the challenges and opportunities associated with CSCM in the Bangladeshi plastic industry. Through an extensive literature review and industry experts, barriers have been identified and categorized into major groups. The paper employs the Multiple Criteria Decision Making (MCDM) method to systematically prioritize these barriers. By adopting the MCDM approach, this research not only adds valuable insights into the impediments of CSCM implementation in the Bangladeshi plastic industry but also serves as a foundational resource for managers and policymakers. It provides a roadmap for navigating the challenges associated with sustainable practices, thereby contributing to the broader discourse on responsible and environmentally friendly industrial operations in the context of Bangladesh's development trajectory.

Keywords

Circular Supply Chain Management (CSCM), Waste management, Plastic industry, Multiple Criteria Decision Making (MCDM) methodology.