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Value optimisation for the agri‐food sector: A circular economy approach
Author(s) -
Poponi Stefano,
Arcese Gabriella,
Ruggieri Alessandro,
Pacchera Francesco
Publication year - 2023
Publication title -
business strategy and the environment
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.123
H-Index - 105
eISSN - 1099-0836
pISSN - 0964-4733
DOI - 10.1002/bse.3274
Subject(s) - circular economy , value (mathematics) , key (lock) , business , supply chain , environmental economics , industrial organization , reflection (computer programming) , economic system , economics , computer science , economy , marketing , ecology , computer security , programming language , machine learning , biology
Adopting circular economy principles in the agri‐food sector is necessary for the conversion of the current economic system. However, there are still many gaps in understanding how the development of circular dynamics within companies can take shape. This study investigates how circular economy principles and factors contribute to value optimisation and proposes a critical discussion and reflection on the economic, social and environmental issues within the agri‐food sector supply chain. Multiple‐case analysis was conducted to analyse 10 companies. Circular economy principles and factors considered were taken from the BS 8001 standard. Results show two scenarios and three dimensions in which value optimisation takes place. In addition, collaboration is the key to starting a path of optimisation. Finally, the study proposes the evaluation of a new indicator that allows one to act in all different scenarios proposed.