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Logistical Support For The Development Of The Circular Economy

Author

Listed:
  • Iulia Caprian

    (Moldova State University, Moldova)

  • Iulita Birca

    (Ștefan cel Mare University of Suceava, Romania)

  • Nataliia Trushkina

    (Research Center for Industrial Problems of Development of the National Academy of Sciences of Ukraine, Ukraine)

Abstract
The aggravation of ecological problems at the global level, as well as the need to solve the economic and social problems of humanity, require the implementation of important economic transformation measures. The circular economy (or closed-loop economy) is a form of production organization related to extending the life cycle of products and minimizing harmful disposal and waste. It is also about sharing, renting, reusing, repairing, refurbishing and recycling existing materials and products as much as possible. As with any type of economic model, the functioning of the circular economy requires a corresponding logistics system. In this context, together with the acceptance of the concept of ecological efficiency and "green" economy in many countries, the new approach of "green logistics" has emerged in international practice. The purpose of this article is to generalize theoretical approaches and to substantiate the conceptual provisions of logistical support for the development of the circular economy in the conditions of global transformations. Methodology. The methodological basis of the study is the scientific work of scientists on the problems of green economy, circular economy, environmental management, waste management, logistics management. The research was conducted using general scientific methods: analysis and synthesis - to summarize the existing conceptual approaches and regulations, scientific developments on the development of the circular economy, greening of logistics systems, green logistics, clarification of terminology; classifications - to systematize theoretical approaches to the definition of "green logistics" proposed by various scientific schools; structural and logical generalization - to determine the key logistics approaches to the development of the circular economy and the principles of green logistics for the implementation of circular business models. Results. In order to present the specific aspects of circular economy logistics, the opinions of researchers from different countries were studied to outline a related synthetic vision. After conducting the study, the current characteristics of the circular economy were identified. Then the current international trends in logistics development were identified. An important trend is the development of "green" logistics. It has been found that many conceptual approaches to the definition of the terms "green" logistics and environmental logistics are generally accepted and have a broader meaning, without taking into account the specifics of the functioning of different areas of economic activity, including the transport sector and logistics activities. Scientific views on the interpretation of the nature and content of the concept of "green" logistics are generalized. It is proposed to consider the concept of "green" logistics as a tool of circular economy. It offers companies a number of advantages and is based on certain principles. As a synergy effect, the massive implementation of the circular economy and green logistics can significantly contribute to solving the socio-economic problems of humanity. Practical implications. The practical significance of this study lies in the fact that the conceptual provisions can be used in practice when developing an organizational and economic mechanism for implementing the concept of green logistics. This mechanism should include such blocks as: management of supplies and purchases of material resources; production of products; warehousing and inventories; logistics flows; risks of logistics activities; logistics service processes; waste recycling; innovation and change. The introduction of the proposed organizational and economic mechanism will reduce the cost of managing the movement of logistics flows and increase the level of environmental safety. This is one of the most important requirements for the implementation of the concept of corporate social responsibility of business in a circular economy. Value/originality. The authors' approach to formulating the category "green logistics" is theoretically substantiated.

Suggested Citation

  • Iulia Caprian & Iulita Birca & Nataliia Trushkina, 2023. "Logistical Support For The Development Of The Circular Economy," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 4(1).
    • Handle: RePEc:bal:3seasj:2661-5150:2023:4:1:1
    DOI: 10.30525/2661-5150/2023-1-1
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    References listed on IDEAS

    as
    1. Nataliia Trushkina & Oksana Prokopyshyn, 2021. "Circular Economy As A New Way Of Managing In The Conditions Of Digital Transformations," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 2(3).
    2. Ubeda, S. & Arcelus, F.J. & Faulin, J., 2011. "Green logistics at Eroski: A case study," International Journal of Production Economics, Elsevier, vol. 131(1), pages 44-51, May.
    3. Victoria GANEA & Iulita BIRCA, 2020. "European Circular Economy €“ A Real Model For The Sustainable Development Of The Economy Of The Republic Of Moldova," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 14(24), pages 46-53, October.
    4. Nataliia Trushkina & Valerii Shiposha, 2021. "Clustering Of The National Economy As An Effective Tool For The Sustainable Development Of European Countries," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 2(4).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    circular economy; green logistics; environmental logistics; greening of logistics activities; green technologies; logistics system; conceptual approach; organizational and economic mechanism; sustainable development; cost minimization; environmental safety; synergistic effect; globalization;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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