2021
DOI: 10.1016/j.clrc.2021.100039
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Improved solutions for shared value creation and maximization from used clothes: Streamlined structure of clothing consumption system and a framework of closed loop hybrid business model

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Cited by 9 publications
(8 citation statements)
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References 82 publications
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“…To develop VP in CBM, assessing consumer-oriented value in products and services, some of the factors such as identification of customer interface/stakeholder need [97,99,100], requirement of high customer interest [99], consumer awareness/behavior/habits [105,[107][108][109] and method of consumers' payment/participating payment structure [105] were found critical.…”
Section: Factors Related To Vpmentioning
confidence: 99%
See 1 more Smart Citation
“…To develop VP in CBM, assessing consumer-oriented value in products and services, some of the factors such as identification of customer interface/stakeholder need [97,99,100], requirement of high customer interest [99], consumer awareness/behavior/habits [105,[107][108][109] and method of consumers' payment/participating payment structure [105] were found critical.…”
Section: Factors Related To Vpmentioning
confidence: 99%
“…Value creation and delivery largely depend on internal and external activities to achieve specific goals and targets. Within the (internal) boundary of an organization, several factors were found critical on the issue, such as managerial practice and capability enhancement [110,111], organizational strategy (proactive/reactive) [109], consideration of internal and external contextual factors [103,112], fulfilling legal requirements [112], well-being of people, nature, and culture [110,113], understanding of monetary and non-monetary aspects of business [110], firm competitiveness and profitability [114], adoption of cost-competitive process [113], internalizing social, environmental, and territorial value [115], asset management [116], business model experimentation [7], building choice architecture [109], technology adoption [117], societal expectation/ambition [118], green and sustainable procurement [119], technological innovation [107], disruptive innovation [118], and corporate social responsibility application to entire network/suppliers [107,112]. In the CBMI process, partnering with external partners and stakeholders eases the value-creation process.…”
Section: Factors Related To Value Creation and Deliverymentioning
confidence: 99%
“…surplus if the respective consumer goodwill of donation is sufficiently small. Jain et al [25] proposed a customizable framework of a closed-loop hybrid business model which improved to scale up and accelerate reuse, upcycling, and recycling of used apparel. The study illustrated the potential of the closed-loop hybrid business model to generate higher margins and increase the economic pie for brands while reducing the virgin material pie and increasing the product and material life.…”
Section: Closed-loop Supply Chainsmentioning
confidence: 99%
“…A shift towards the circular economy (CE)-henceforth referred to as "circular transition"-is widely regarded as a trigger for the necessary disruption in the global textile sector and as a way to mitigate the complex nexus of sustainability issues associated with the sector (Harvard Business Review, 2019;UNEP, 2018;UNEP 2021). Building on principles and properties associated with the CE (see Blomsma & Brennan, 2017;Kirchherr et al, 2017), a circular textile sector has to be based on multiple, consecutive cycling of materials (Lewandowski, 2016), and traceability of material inputs across all lifecycle stages (Chemsec, 2018;Jurgilevich et al, 2016) as a lever for drastically changed design, production, and consumption models with significantly lower negative environmental and social impacts, for example, moving from maximizing the number of items sold, to maximizing and retaining the value per item (Vinit et al, 2021).…”
Section: Introductionmentioning
confidence: 99%