The Circular Economy takes the old fashioned linear take-make-dispose model and turns it circular, designing out waste and optimizing resource use. It’s not just recycling, it’s more like designing the product from the start to be zero-waste. Businesses save money by improving efficiency of their processes and supply chains. This is a great area to study to find ways to improve your existing business or other activities, or to think of new ways of doing business. A lot of first-mover companies that are embracing the circular economy are realizing huge savings, along the lines of billions of dollars per year. But first we will start off with an introduction. This Accenture white paper: Circular Advantage is an excellent introduction to circular economy businesses models and technologies.
More to come!
Photo Copyright: petovarga / 123RF Stock Photo