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This content will become publicly available on July 1, 2026

Title: A System-Dynamics Based Approach for Modeling Circular Economy Networks: Application to the Polyethylene Terephthalate (PET) Supply Chain
The transition to a circular economy (CE) requires agents in circular supply chain (SC) networks to take a variety of different initiatives, many of which are dynamic in nature. We use a system dynamics (SD)-based approach to develop a generic framework for dynamic modeling of CE networks and propose a prototypical circular SC network by combining dynamic models for five actors: a manufacturer, consumer, material recovery facility (MRF), recycling facility, and the Earth. We apply this framework to the supply chain for Polyethylene Terephthalate (PET) plastic packaging by considering different scenarios over a 65-year time horizon in the US. We include both slow-down-the-loop initiatives (i.e., those that extend product use time through demand reduction or reuse) and close-the-loop initiatives (i.e., those that reintroduce product to the supply chain through recycling) by the consumer, as well as sorting and recycling capacity expansion. We find that, given the current recycling infrastructure in the U.S., slow-down-the-loop initiatives are more effective than close-the-loop initiatives for improving circularity and minimizing environmental impact. However, combining the two initiatives eliminates the need for capacity expansion and leads to the highest circularity in the shortest amount of time.  more » « less
Award ID(s):
2339068
PAR ID:
10627588
Author(s) / Creator(s):
;
Publisher / Repository:
PSE press
Date Published:
Page Range / eLocation ID:
595 to 600
Format(s):
Medium: X
Location:
Ghent, Belgium
Sponsoring Org:
National Science Foundation
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