12 May '16, 9am

How to keep value flowing when closing the loop

How to keep value flowing when closing the loop

Dell created a closed-loop recycled plastics supply chain to recycle computers back into new computers. Philips sells lighting as a service instead of a product a consumer would purchase and own. DSM developed a cellulosic ethanol in which agricultural residue is converted into renewable fuel. These examples, taken from Achieving a Circular Economy: How the Private Sector is Reimagining the Future of Business , help illustrate the concept of a circular economy, in which resources are endlessly cycled back into supply chains and waste does not exist. The linear take-make-dispose economy, highly successful in delivering economic development throughout the 20 th century, is no longer viable for continuing progress in the 21 st century. Our current systems of commerce and production processes follow the linear model, in which very little attention is paid to how product — and ...

Full article: https://www.greenbiz.com/article/how-keep-value-loop

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