Circularity Tactic Comport Sustainable Development—Review

Abstract

Circular economy and circular supply chain management is demand for preserving natural resources for future generation globally. This circular supply chain and its management emphasizes on 9R framework, which initially propagated from 3R framework with clear vision toward environmental education and awareness, resource utilization, waste of one can be input to other vision. Further circular economy promotes due to technology revolution with IR4, advancement due to growing virtual world with ICT along with digitization needs to lend toward any one or all three pillars of sustainability and sustainable development goals in organizations and industry. Social, environmental, and economical well-being is partially considered together with technology advancement toward sustainability; thus aim of this paper is to study all under one umbrella. Every field and society demands a quality product in competitive era that too at reasonable price. Sustainable growth ensures higher productivity by using advanced tools, techniques and intelligent framework which leads to improved industry performance. Selected research papers from Web of science, analysis provide a vision on application of circularity, affecting processes, technology parameters in manufacturing industry. Thus a major path way for sustainable development goal (SDG) 12, responsible consumption and production, is the heart of the circular economy. In this review paper, Web of science source is used for analysis from circularity view point of an industry and concluded major affecting parameters way for sustainable development along with living standards and better environment is through digital circularity.