Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance

Purpose: The study aims to propose a circular economy-based reverse logistics (CERL) that emphasises the mediation effect of reverse logistics (RL) on sustainable resource commitment and financial performance. Design/methodology/approach:The structural equation modelling (SEM) approach has been app...

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Main Authors: Fernando, Yudi, Muhammad Shabir, Shaharudin, Ahmed Zainul, Abideen
Format: Article
Language:English
Published: Emerald Publisher 2022
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/33425/
http://umpir.ump.edu.my/id/eprint/33425/7/Circular%20economy-based%20reverse.pdf
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author Fernando, Yudi
Muhammad Shabir, Shaharudin
Ahmed Zainul, Abideen
author_facet Fernando, Yudi
Muhammad Shabir, Shaharudin
Ahmed Zainul, Abideen
author_sort Fernando, Yudi
building UMP Institutional Repository
collection Online Access
description Purpose: The study aims to propose a circular economy-based reverse logistics (CERL) that emphasises the mediation effect of reverse logistics (RL) on sustainable resource commitment and financial performance. Design/methodology/approach:The structural equation modelling (SEM) approach has been applied to analyse the data acquired through the survey method that included 113 vendors of automotive supplies of the 1st and 2nd levels. Findings:The results confirm that CERL acts as an essential intervening entity between resources and financial performance. The findings of the study have provided research and development (R&D) opportunities for the industries to find alternative revenue streams and generate profit from resource investment whilst upholding environmental standards through reverse logistic practices. Practical implications: Reverse logistic practices are the key components of a circular business model and a sustainable supply chain. The manufacturing companies need to explore critical enablers that can contribute to business productivity and financial growth. Originality/value: The study has validated a CERL model that portrays the circular economy's resilient relationship with RL practices.
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institution Universiti Malaysia Pahang
institution_category Local University
language English
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publishDate 2022
publisher Emerald Publisher
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spelling ump-334252022-04-08T07:51:50Z http://umpir.ump.edu.my/id/eprint/33425/ Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance Fernando, Yudi Muhammad Shabir, Shaharudin Ahmed Zainul, Abideen HD28 Management. Industrial Management HE Transportation and Communications HF Commerce TS Manufactures Purpose: The study aims to propose a circular economy-based reverse logistics (CERL) that emphasises the mediation effect of reverse logistics (RL) on sustainable resource commitment and financial performance. Design/methodology/approach:The structural equation modelling (SEM) approach has been applied to analyse the data acquired through the survey method that included 113 vendors of automotive supplies of the 1st and 2nd levels. Findings:The results confirm that CERL acts as an essential intervening entity between resources and financial performance. The findings of the study have provided research and development (R&D) opportunities for the industries to find alternative revenue streams and generate profit from resource investment whilst upholding environmental standards through reverse logistic practices. Practical implications: Reverse logistic practices are the key components of a circular business model and a sustainable supply chain. The manufacturing companies need to explore critical enablers that can contribute to business productivity and financial growth. Originality/value: The study has validated a CERL model that portrays the circular economy's resilient relationship with RL practices. Emerald Publisher 2022-02-22 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/33425/7/Circular%20economy-based%20reverse.pdf Fernando, Yudi and Muhammad Shabir, Shaharudin and Ahmed Zainul, Abideen (2022) Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance. European Journal of Management and Business Economics, 1 (1). pp. 1-22. ISSN 2444-8494. (Published) https://doi.org/10.1108/EJMBE-08-2020-0254 https://doi.org/10.1108/EJMBE-08-2020-0254
spellingShingle HD28 Management. Industrial Management
HE Transportation and Communications
HF Commerce
TS Manufactures
Fernando, Yudi
Muhammad Shabir, Shaharudin
Ahmed Zainul, Abideen
Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
title Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
title_full Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
title_fullStr Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
title_full_unstemmed Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
title_short Circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
title_sort circular economy-based reverse logistics: dynamic interplay between sustainable resource commitment and financial performance
topic HD28 Management. Industrial Management
HE Transportation and Communications
HF Commerce
TS Manufactures
url http://umpir.ump.edu.my/id/eprint/33425/
http://umpir.ump.edu.my/id/eprint/33425/
http://umpir.ump.edu.my/id/eprint/33425/
http://umpir.ump.edu.my/id/eprint/33425/7/Circular%20economy-based%20reverse.pdf