Modernizing Manufacturing through Circular Economy Solutions

In an Euractiv article, Guidehouse Insights discusses best practices for adopting circular principles

Circular economy principles offer compelling strategic and operational benefits to a manufacturing industry facing increasing cost and heightened risk exposure from changing customer preferences, regulation, and geopolitical conditions.

In an article for Euractiv, Rafael Go, senior research analyst with Guidehouse Insights, discussed organizational practices for companies to successfully adopt circular economy solutions.

“Techniques such as resource flow maps will enable companies to develop a better understanding of current resource and energy needs, and help to set priorities”, wrote Go.

Manufacturing companies will have to rethink their operations and strategy to effectively implement circular solutions.

“Improving their understanding of how the business uses resources, communicating commitment, and reorienting relationships with suppliers and customers are crucial first steps”, explained Go.
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