Closed- loop supply chains - Concept of Circular Economy
3 important questions on Closed- loop supply chains - Concept of Circular Economy
The concept of circular economy is often related to the 3R principle. Give those 3 principles.
- Reduce: lowering the number of (virgin) resources to enter production processes
- Reuse: ensuring that the same resources are used multiple times
- Recover: processing waste resources into new (and usable) resources
- Reuse: ensuring that the same resources are used multiple times
- Recover: processing waste resources into new (and usable) resources
What are other "fundamental" strategies for a Circular Economy (3)?
- Slowing resource loops
- Closing resource loops
- Resource efficiency or narrowing resource flows
- Closing resource loops
- Resource efficiency or narrowing resource flows
Circular Economy is often seen as a waste management approach. Why is this not covering everything?
Circular Economy is broader than a mere waste management system and also includes product design and a process view.
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