The impact of Industry 4.0 technologies on Circular Economy adoption : the case of the Finnish packaging industry
Grassi, Domenico (2024)
Pro gradu -tutkielma
2024
School of Business and Management, Kauppatieteet
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe202403049635
https://urn.fi/URN:NBN:fi-fe202403049635
Tiivistelmä
This thesis undertakes a comprehensive examination of Industry 4.0 technologies, specifically exploring their potential applications within the plastic packaging industry, with an emphasis on advancing traceability and transparency along the value chain.
The study employs a qualitative methodology, including a systematic review of the expanding literature on Circular Economy (CE) considerations in plastics, along with the evolving role of emerging Industry 4.0 technologies. In parallel, qualitative insights are gathered from industry experts through semi-structured interviews, providing valuable practical input to the research.
The analysis reveals key insights, shedding light on the transformative impact Industry 4.0 can have in promoting CE practices within an industry facing substantial challenges. Expert testimony not only highlights the potential benefits, but also articulates the challenges inherent in this paradigm shift, outlining a trajectory toward a more sustainable future.
The plastics industry is currently witnessing a convergence of innovation and environmental responsibility that instills a sense of optimism. Industry 4.0, far from merely addressing existing challenges, promotes a collaborative ecosystem in which stakeholders collectively strive to achieve a shared goal.
This technological shift, which goes beyond a transitory industry trend, signifies a collective dedication to a future in which economic prosperity aligns perfectly with sustainability. The plastics industry stands at the threshold of an era in which Industry 4.0 transcends its designation as a mere buzzword, evolving into a guiding principle for achieving circularity. The implementation of these technologies goes beyond corporate strategy and represents a commitment to practices that transcend corporate boundaries. In essence, this research not only advances the theoretical understanding of the field, but also provides practical implications for organizations that aspire to promote circular and transparent behaviors within their operations.
The study employs a qualitative methodology, including a systematic review of the expanding literature on Circular Economy (CE) considerations in plastics, along with the evolving role of emerging Industry 4.0 technologies. In parallel, qualitative insights are gathered from industry experts through semi-structured interviews, providing valuable practical input to the research.
The analysis reveals key insights, shedding light on the transformative impact Industry 4.0 can have in promoting CE practices within an industry facing substantial challenges. Expert testimony not only highlights the potential benefits, but also articulates the challenges inherent in this paradigm shift, outlining a trajectory toward a more sustainable future.
The plastics industry is currently witnessing a convergence of innovation and environmental responsibility that instills a sense of optimism. Industry 4.0, far from merely addressing existing challenges, promotes a collaborative ecosystem in which stakeholders collectively strive to achieve a shared goal.
This technological shift, which goes beyond a transitory industry trend, signifies a collective dedication to a future in which economic prosperity aligns perfectly with sustainability. The plastics industry stands at the threshold of an era in which Industry 4.0 transcends its designation as a mere buzzword, evolving into a guiding principle for achieving circularity. The implementation of these technologies goes beyond corporate strategy and represents a commitment to practices that transcend corporate boundaries. In essence, this research not only advances the theoretical understanding of the field, but also provides practical implications for organizations that aspire to promote circular and transparent behaviors within their operations.