ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

ENABLING CIRCULAR ECONOMY THROUGH INDUSTRY 4.0 FOR CONSUMER DURABLES AND OTHER INDUSTRIES

Journal: International Journal of Management (IJM) (Vol.11, No. 11)

Publication Date:

Authors : ;

Page : 1853-1867

Keywords : Sustainability; Circular Economy; Industry 4.0; Servitization; Consumer Durable; COVID-19; Remanufacturing; Smart factory; E-waste.;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

The motivation behind this paper is to identify a framework or establish a strategy for industries, majorly the consumer durables for recycling and reusing wasted material or e-waste. The paper also uncovers the need of establishing a circular economy model from the already existing linear model, identified as depleting resources and increasing hazards of improper treatment of waste from end products such as electronic gadgets - laptops, cell phones, smart phones, chips, wires or electronic durables - washing machine, oven, microwave etc. The level of e-waste generation, specifically in India has led for the need of transformation in processes of industries sail through the expected extinction of raw material. Effect of COVID-19 on industries and implication of CE model with industry 4.0, challenges and opportunities that its implementation may bring along have also been addressed in this paper.

Last modified: 2021-02-25 20:46:00