A Preliminary Findings of Risks in Adopting Circular Economy Initiatives in Indonesia: Supply Chain of Plastic Industry

Muhamad Fajar, Romadhani Ardi

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The circular economy aims to utilize natural resources and reduce the large amount of waste that impacts the environment. Although many studies had identified various advantages of adopting a circular economy, only a few studies have investigated the risks of adopting a circular economy context. Therefore, to fill this research gap, this study proposes a preliminary risks assessment of adopting circular economy initiatives in the Indonesian plastic supply chain. First, this study performed a literature review to identify risk criteria in the plastic manufacturing supply chain's circular economy initiative. Second, it continued by interviewing the experts to validate the identified risks. Right experts are involved in rating the criteria on a four-point Likert scale. From expert appraisal, this study established eight risk categories and 31 specific risks for further analysis.

Original languageEnglish
Title of host publicationProceedings of the 4th Asia Pacific Conference on Research in Industrial and Systems Engineering
Subtitle of host publicationBuilding Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021
PublisherAssociation for Computing Machinery
Pages240-247
Number of pages8
ISBN (Electronic)9781450390385
DOIs
Publication statusPublished - 25 May 2021
Event4th Asia Pacific Conference on Research in Industrial and Systems Engineering: Building Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021 - Depok, Indonesia
Duration: 25 May 2021 → …

Publication series

NameACM International Conference Proceeding Series

Conference

Conference4th Asia Pacific Conference on Research in Industrial and Systems Engineering: Building Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021
Country/TerritoryIndonesia
CityDepok
Period25/05/21 → …

Keywords

  • Circular economy
  • plastic industry
  • risk

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