Effective usage of Big Data analytics in Circular Economy

Circular Economy (CE) is a much-discussed topic among the contemporary academia and industry with the emerging threats of the scarcity of global natural resources and monetary capabilities of small and medium scale industries around the globe. With the fifth industrial revolution, which we refer to it as the Industry5.0, the phenomena in the likes of sustainability, human-centric and resilience are in the forefront. Thus, it is obvious that the Circular Economy plays a vital role in the Industry5.0 framework. As it pivots around AI and other emerging technologies it is important to know how we can effectively use Big Data analytics to get the best out of Circular Economy. In this research we have focused on the initial steps of recognizing the key facts that Big Data analytics can be used effectively in Circular Economy in the aspect of the Supply Chain focusing on a systematic literature review through the use of several case studies and journals and using a qualitative approach.