Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector

Food waste is recognized as a certain issue occurring globally and it is particularly severe in developed countries. This shows that there is still lacking of approaches in managing the food waste especially in fisheries sector. Fisheries based food wastes which are mainly generated during the produ...

Full description

Bibliographic Details
Main Authors:	Fernando, Yudi, Fasihah, Elias, Muhammad Shabir, Shaharudin, Rajan, Jose
Format:	Conference or Workshop Item
Language:	English English
Published:	Universiti Malaysia Pahang 2019
Subjects:	HD28 Management. Industrial Management
Online Access:	http://umpir.ump.edu.my/id/eprint/26501/ http://umpir.ump.edu.my/id/eprint/26501/1/4.%20Transforming%20food%20waste%20into%20value%20added%20products.pdf http://umpir.ump.edu.my/id/eprint/26501/2/4.1%20Transforming%20food%20waste%20into%20value%20added%20products.pdf

id	ump-26501
recordtype	eprints
spelling	ump-265012019-12-23T07:33:35Z http://umpir.ump.edu.my/id/eprint/26501/ Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector Fernando, Yudi Fasihah, Elias Muhammad Shabir, Shaharudin Rajan, Jose HD28 Management. Industrial Management Food waste is recognized as a certain issue occurring globally and it is particularly severe in developed countries. This shows that there is still lacking of approaches in managing the food waste especially in fisheries sector. Fisheries based food wastes which are mainly generated during the production process could turned out to be useful according to the Circular Economy (CE) concept. As the CE concept proposed that the resource materials should be in the circularity flow, the disposal of food wastes into the landfill can be reduced and thus provides the positive outcome to the environmental, economic and societal impact. This paper basically tends to investigate the root cause of the food wastes, the effectiveness of the adoption of CE in improving the profit margin and also to provide the best practice of CE adoption. CE is analysed using the VOSviewer software, and then the t-test is performed to compare the profit margin before and after CE implementation. This resulted to the fact that CE implementation can improve the financial performance of a company by turning the fish waste into a value added product, which is fish pellet. Universiti Malaysia Pahang 2019 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/26501/1/4.%20Transforming%20food%20waste%20into%20value%20added%20products.pdf pdf en http://umpir.ump.edu.my/id/eprint/26501/2/4.1%20Transforming%20food%20waste%20into%20value%20added%20products.pdf Fernando, Yudi and Fasihah, Elias and Muhammad Shabir, Shaharudin and Rajan, Jose (2019) Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector. In: Conference on Nano-Micromaterials For Circular Economy and Sustainability In The East Asia Pacific, 29 August-1 September 2019 , National University of Singapore (NUS), Singapore. pp. 1-13.. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English English
topic	HD28 Management. Industrial Management
spellingShingle	HD28 Management. Industrial Management Fernando, Yudi Fasihah, Elias Muhammad Shabir, Shaharudin Rajan, Jose Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector
description	Food waste is recognized as a certain issue occurring globally and it is particularly severe in developed countries. This shows that there is still lacking of approaches in managing the food waste especially in fisheries sector. Fisheries based food wastes which are mainly generated during the production process could turned out to be useful according to the Circular Economy (CE) concept. As the CE concept proposed that the resource materials should be in the circularity flow, the disposal of food wastes into the landfill can be reduced and thus provides the positive outcome to the environmental, economic and societal impact. This paper basically tends to investigate the root cause of the food wastes, the effectiveness of the adoption of CE in improving the profit margin and also to provide the best practice of CE adoption. CE is analysed using the VOSviewer software, and then the t-test is performed to compare the profit margin before and after CE implementation. This resulted to the fact that CE implementation can improve the financial performance of a company by turning the fish waste into a value added product, which is fish pellet.
format	Conference or Workshop Item
author	Fernando, Yudi Fasihah, Elias Muhammad Shabir, Shaharudin Rajan, Jose
author_facet	Fernando, Yudi Fasihah, Elias Muhammad Shabir, Shaharudin Rajan, Jose
author_sort	Fernando, Yudi
title	Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector
title_short	Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector
title_full	Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector
title_fullStr	Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector
title_full_unstemmed	Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector
title_sort	transforming food waste into value added products: a circular economy analysis of malaysian fisheries sector
publisher	Universiti Malaysia Pahang
publishDate	2019
url	http://umpir.ump.edu.my/id/eprint/26501/ http://umpir.ump.edu.my/id/eprint/26501/1/4.%20Transforming%20food%20waste%20into%20value%20added%20products.pdf http://umpir.ump.edu.my/id/eprint/26501/2/4.1%20Transforming%20food%20waste%20into%20value%20added%20products.pdf
first_indexed	2023-09-18T22:41:19Z
last_indexed	2023-09-18T22:41:19Z
_version_	1777416933890588672

Transforming food waste into value added products: A circular economy analysis of Malaysian fisheries sector

Similar Items