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Circular Economy Application in Pharmaceutical Supply Chains in the UK: A Holistic Evolutionary Game Approach

Taguspark Campus, Room 0.19 and Online |

As part of CEGIST's seminar series, we are proud to announce that Nazani Nami (Alliance Manchester Business School) will present the work "Circular Economy Application in Pharmaceutical Supply Chains in the UK: A Holistic Evolutionary Game Approach".

This seminar will take place on February 9 at 11:30. The seminar will be in a hybrid format with:

Our seminars are free to attend and open to everyone. Please share with whomever may be interested.
 

Nazanin Nami
Nazanin Nami

Summary

The universal recognition of environmental hazards from poorly managed waste, particularly critical in the pharmaceutical sector due to active chemicals in medications, is well-established. However, the proper collection and treatment of pharmaceutical leftovers are inadequate, leading to significant landfill and wastewater contamination. This is attributed to poor coordination and ineffective incentive systems. Our study explores coordination in pharmaceutical reverse supply chains and assesses government incentive strategies. We utilize evolutionary game methodology to analyze strategic behaviors of pharmacies, waste recyclers, and the government. Focusing on reward- and awareness-driven customer segments, we aim to increase the return of unwanted medications. We investigate supply chain coordination's role in economic viability, comparing incentive plans based on various factors. Our findings suggest that incentives targeting both customer types, combined with contract-based coordination, are most effective without requiring substantial budget allocation. The study, inspired by the UK's National Health System, offers insights applicable to global pharmaceutical supply chains.

 

Speaker's bio

Nazanin Nami is a third-year PhD student in Business and Management at Alliance Manchester Business School. Her research seeks to understand complex interactions and strategies within supply chain parties with different power distribution. She particularly focuses on how these systems can be coordinated for optimum efficiency and sustainability. During her PhD, Nazanin has focused on the integration of reverse logistics and traditional supply chains, identifying key factors that influence the coordination between parties in closed-loop systems. By exploring these aspects, she aims to develop strategies that not only improve the environmental footprint of businesses but also enhance their operational efficiency and cost-effectiveness. She received her MSc and BSc in Industrial engineering from Sharif University of Technology and Iran University of Science and Technology. The outcomes of her studies have been published in the International Journal of Production Research, Annals of Operations Research, Computers & Industrial Engineering, and others.

Personal homepage: https://scholar.google.com/citations?user=XS6B-GUAAAAJ&hl=en