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Date Published: 20/01/2024
Online Published: 30/11/2023
Abstract Views: 61
Views PDF: 22
Issue
Vol. 33 No. 5 (2023): JST: ENGINEERING AND TECHNOLOGY FOR SUSTAINABLE DEVELOPMENT
Section
Articles
How to Cite
Nguyen , T. A. T., Tran , T. C., & Tran , D. N. (2023). Study on Decision Support Tool Towards Circular Economy Practice - A Case Study for Electronics Companies. JST: Smart Systems and Devices, 33(5), 65-73. https://jst.vn/index.php/ssad/article/view/11

Study on Decision Support Tool Towards Circular Economy Practice - A Case Study for Electronics Companies

Nguyen Thi Anh Tuyet1,, Tran Thanh Chi1, Tran Duc Nghiep1,2
1 School of Environmental Science and Technology, Hanoi University of Science and Technology, Ha Noi, Vietnam
2 The Center of Environmental Engineering and Chemical Safety, Vietnam Institute of Industrial Chemistry, Ha Noi, Vietnam

Main Article Content

Abstract

The study is a continuation of our previous research on the impact of business organization factors on circular economy (CE) practices towards the development of a decision support tool to facilitate the adoption, implementation, development and strategy of CE activities in the Vietnamese industry. The tool helps to quickly assess the status of CE practice in the enterprises and makes a structural chart according to the CE maturity models. Having a positive direction in the management organization and application of CE theory, the electronics companies are illustrated as a case study for the application of the tool. As the results, one organization form (namely, the System) aligning with three business models (namely, Resource Models, Design Models, Lifetime Extention Models) and five supporting processes (namely, Digitization and Datafication, Return Logistics, Competences, Technical Infrastruture, Setting Up Processes, Quality Monitoring) are proposed for visualization of strategic interventions and recommendations for the electronics industry on business sustainability, competitiveness, alignment between their business objectives, priorities, and key performance indicators towards CE practice.

Article Details

Keywords

Circular economy (CE), decision support tool, electronics industry

References

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