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Market Research Report

Circular Economy Solutions for Modernizing Manufacturing

Published by Guidehouse Insights (formerly Navigant Research) Product code 918598
Published Content info 13 Pages; 3 Tables, Charts & Figures
Delivery time: 1-2 business days
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Circular Economy Solutions for Modernizing Manufacturing
Published: December 13, 2019 Content info: 13 Pages; 3 Tables, Charts & Figures
Description

Circular economy solutions are often positioned as enabling manufacturers to achieve cost efficiencies and facilitate product innovation while reducing the carbon footprint of operations and products. The manufacturing industry faces increasing cost pressures and heightened risk exposure from commodity price volatility, customer preferences, regulatory environments, and geopolitical conditions. Circular economy represents both a challenge and an opportunity for the manufacturing industry. Companies should take advantage of the compelling strategic and operational benefits that circular economy principles offer.

Adopting a circular economy model represents a fundamental shift from a linear value system. It can increase manufacturers' exposure to risks but presents an opportunity for positive economic growth combined with positive environmental social impact. This report outlines the fundamental concepts within the circular economy, details potential business strategies and practices that manufacturing companies can adopt, and provides recommendations for companies taking their initial forays in this area.

This ‘Strategy Insight’ report by Navigant Research, a Guidehouse company, discusses circular economy solutions and their potential. The study details how circular economy solutions differ from other value product chains, and the strategic and operational advantages these solutions offer. It includes recommendations of business strategies and other operational changes. Increasing awareness of the various pathways to the circular economy best enables manufacturing companies to pick and choose the optimal approach.

Key Questions Addressed:

  • What is the circular economy?
  • What advantages does the circular economy offer for the manufacturing industry?
  • What business strategies can the manufacturing industry adopt to implement circular economy solutions?
  • What are enabling technologies related to the circular economy?
  • What organizational changes are necessary to implement circular economy solutions?

Who Needs This Report:

  • Manufacturing industry leaders
  • Sustainability professionals
  • Policymakers
  • Business Strategists
  • Investor community
Table of Contents
Product Code: SI-CESMM-19

Table of Contents

Spark

Context

Recommendations

The Manufacturing Industry Is Moving Toward the Circular Economy

  • Defining the Circular Economy
  • Gaining the Strategic and Operational Advantages of the Circular Economy

The Circular Economy Prompts Changes to Business Models and Processes

  • Applying Circular Economy Business Strategies and Processes
  • Shifting Business Processes
  • Employing the Latest Technologies

Manufacturing Companies Must Focus on Effective Communication and Goal-Setting

  • Map Resource and Waste Flows
  • Establish Priorities and Ensure Accountability
  • Establish Tone from the Top
  • Engage Business Partners and Stakeholders

List of Charts and Figures

  • Outline of the Circular Economy
  • Potential Applicability of Circular Economy Measures for Six Groups of Societal Needs

List of Tables

  • Inventory of Circular Economy Measures Related to the Supply Chain of Five Groups of Societal Needs
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