The aim of circular economy is to return a used product to the product and production life cycle several times in a value-adding way. This article presents the current industrial practice for a successful circular economy and the associated potentials, based on a definition of circular economy and its principles. Afterwards, existing challenges of the circular economy are analyzed. The article intends to support decision-makers in recognizing the advantages of circular economy and to tackle challenges for a successful introduction at an early stage.
Industrie 4.0 Management | Volume 35 | 2019 | Edition 6 | Pages 29-32 | DOI
10.30844/I40M_19-6_S25-28
