ROLE OF IOT ENABLED CIRCULAR ECONOMY IN SUSTAINABLE SUPPLY CHAIN MANAGEMENT

Abstract

The integration of Internet of Things (IoT) technologies has emerged as a crucial key of circular economy principles. It mainly focuses on providing creative solutions to optimize waste management, maximize resource utilization, and promote sustainability in supply chains. The IoT-enabled circular economy combines capabilities of the Internet of Things (IoT) technology with the principles of the circular economy to create a more sustainable and efficient system of resource management. The role of IoT-enabled circular economy in sustainable supply chain management is pivotal for achieving environmental sustainability, resource efficiency, and economic viability. By integrating IoT technologies into the circular economy framework, organizations can transform their supply chains and drive positive impacts.