Circular Supply Chain
Circular production to transform supply chains our circular supply chain capability leverages cutting edge technologies and a collaboration with mastercard amazon web services everledger and mercy corps to promote financial inclusion empower consumers and incentivize sustainable practices.
Circular supply chain. The circular supply chain. The government imposes limitations on what products can go to waste what products must be reclaimed how much raw materials may be used by given entity and what processes are required for supply chain entities who have stepped out of the traditional product sale. We need to work as one union choreographing the movement between materials and goods. Circular supply chains turn waste into opportunities as regulations on recycling and proper disposal of manufacturing byproducts become tighter.
In the next 18 months 70 of supply chain leaders are planning to invest in circular economies however only 12 have linked it with their digital strategies. Leaders have to rethink their supply chain economy as a network not as a collection of single companies. The circular supply chain is the future. For some manufacturers and supply chain entities the push towards a circular supply chain comes from the federal government.
While this trend is a good start it s putting great demands on the modern supply chain. What is a circular economy. How is that affecting supply chains and what are the best practices amongst industry leaders. With circular supply chain the seemingly impossible is now possible.
To find out scmr partnered with the reverse logistics association and werc to survey our readers and their members. If you ve ever heard the quote one man s trash is another man s treasure you can understand the concept of the circular supply chain. They get to be repurposed into the production of another product. The circular supply chain is about taking apparent waste materials and returned goods and turning them into products which can be resold and with sustainability goals in mind companies need to find ways to reduce the carbon footprint of shipping freight.