A Preliminary Findings of Risks in Adopting Circular Economy Initiatives in Indonesia: Supply Chain of Plastic Industry

EasyChair Preprint 5539

Abstract

The circular economy aims to utilize natural resources and reduce the large amount of waste that impacts the environment. Although various advantages had been identified arising from the adoption of a circular economy, only a few studies have investigated the risks in adopting a circular economy context. Therefore, to fill this research gap, this study proposes a preliminary risks assessment of adopting circular economy initiatives in the Indonesian plastic supply chain. First, this study performed a literature review to identify risk criteria in the plastic manufacturing supply chain's circular economy initiative. Second, it continued by interviewing the experts to validate the identified risks. Right experts are involved to rate the criteria on a four-point Likert scale. This study uses the content validity index (I-CVI) from 0.75 to 1 of range and 0.8125 of S-CVI value. Besides, the item relevant has a content validity rate (CVR) from 0.50 to 1 of range. From expert appraisal eight risk categories and 31 specific risks were established for further analysis.

Keyphrases: Risk, circular economy, plastic industry

@booklet{EasyChair:5539,
  author    = {Muhamad Fajar and Romadhani Ardi},
  title     = {A Preliminary Findings of Risks in Adopting Circular Economy Initiatives in Indonesia: Supply Chain of Plastic Industry},
  howpublished = {EasyChair Preprint 5539},
  year      = {EasyChair, 2021}}