In a circular economy, products, parts and materials are kept at their highest utility and value at all times, circulating between customers. These productive loops maintain value while minimizing waste and the extraction of finite resource reserves.
For our business, we see the move from the linear model of ‘Take › make › dispose’ to a circular model of ‘Make › use › return’ in five returning loops: dematerialize/optimize, service, refurbish, parts recovery, recycle.