Moving in circles: Logistics as key enabler for a circular economy
Moving in circles: Logistics as key enabler for a circular economy
The principle of Circular Economy is to keep raw materials within the economic cycle as long as possible while generating the lowest possible amount of waste and emission. To do so, end-of-life products and materials must be kept at the highest possible level of value creation according to their original use. Adapted logistical concepts to coordinate both material and information flows - in addition to innovative business models and new approaches to product design for recycling - are necessary to realise circularity in the economy.
The megatrend of digitalisation, especially through Industry 4.0 and the Internet of Things, offers solutions that have not yet been applied extensively.