Circular economy is considered as a key concept for promoting sustainability and combating global environmental challenges. In contrast to the linear economy, which is based on a “take, make, use and throw away” model, circular economy aims to reuse resources continuously, minimizing waste and extending the life cycle of products and/or components. This holistic approach promises environmental, economic and social benefits. Challenges along a product’s value chain arise from the design of modular products to the integration of recycled materials into the raw materials and external factors, such as volatile …
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Potentials: Resource Efficiency Strategy
Solutions: Process Management
