The role and importance of circular business models in sustainable supply chain management

Akbarov, Kazim (2026) The role and importance of circular business models in sustainable supply chain management. GRADUS, 13 (1). ISSN 2064-8014

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Abstract

The study emphasizes the role of circular business models in promoting sustainable supply chain management. The paper first relates traditional and green supply chain management to environmental and social criteria that are increasingly becoming material issues on a global scale. The paper addresses some important circular business models, including closed-loop supply chains, recycling and re-use, design-driven circularity, sharing economy models, waste management, reverse logistics, bio-based technologies, responsible supply chains, and industrial symbiosis. Together, these business models offer resource efficiency, waste reduction, and life expansion through ecological and economic benefits. More a circular way of thinking is adopted into business processes, the more price-competitive those businesses become and thus comply with regulations and increase the confidence of their customers. In spreading the principles of circular business models, supply chain management becomes vital to the realization of the United Nations Sustainable Development Goals, which include combating climate change impacts, conserving natural resources, and maintaining social responsibility. Despite a certain degree of risk factor-the large upfront cost and the coordination of multiple stakeholders-circular business models offer a real transition to a more resilient, adaptable, and future-ready supply chain.

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