A model of industry 4.0 and a circular economy for green logistics and a sustainable supply chain

Thanh Van Luu; Felicita Chromjaková; Hong Quan Nguyen

doi:10.1002/bsd2.286

journal article Open Access Aug 30, 2023

A model of industry 4.0 and a circular economy for green logistics and a sustainable supply chain

Thanh Van Luu

Felicita Chromjaková

Hong Quan Nguyen

Business Strategy & Development Vol. 6 No. 4 pp. 897-920 · Wiley

View at Publisher Save 10.1002/bsd2.286

Abstract

AbstractThe objective of this study was to investigate a hybrid framework for Industry 4.0 and a circular economy for logistics and supply chains with an environmentally‐friendly and sustainable basis. Data were collected from universities, companies, and civil service departments. Partial Least Squares Structural Equation Modeling was applied to evaluate and validate hypotheses. Key findings comprise (a) confirmation of a predominant direct relationship between Industry 4.0 and adopting a circular economy for green logistics and a sustainable supply chain, which stimulates strategic change; and (b) deliberation about current strategic awareness and operations occurs, giving rise to the promulgation and implementation of state authority policies, and advancements in modern logistics and supply chain programs at universities. Since the analysis concentrated on logistical and supply chain matters, investigation of other variables would be required for other industrial activities such as manufacturing.

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Details

Published: Aug 30, 2023
Vol/Issue: 6(4)
Pages: 897-920
License: View

Authors

T

Thanh Van Luu

Faculty of Management and Economics Tomas Bata University in Zlin Zlin Czech Republic

F

Felicita Chromjaková

Faculty of Management and Economics Tomas Bata University in Zlin Zlin Czech Republic

H

Hong Quan Nguyen

Institute for Circular Economy Development Vietnam National University Ho Chi Minh City Vietnam; Center of Water Management and Climate Change Institute for Environment and Resources, Vietnam National University Ho Chi Minh City Vietnam

Funding

Tomas Bata University in Zlín Award: IGA/FaME/2022/005

Cite This Article

Thanh Van Luu, Felicita Chromjaková, Hong Quan Nguyen (2023). A model of industry 4.0 and a circular economy for green logistics and a sustainable supply chain. Business Strategy & Development, 6(4), 897-920. https://doi.org/10.1002/bsd2.286

A model of industry 4.0 and a circular economy for green logistics and a sustainable supply chain

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