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How can you get your business to reduce waste and help the environment, yet at the same time reduce costs and increase customer ? It sounds like a dream, but it’s undoubtedly possible through joining the circular economy in both discrete and process manufacturing. The circular economy is a system that looks to waste and the continual use of resources. As opposed to a traditional linear economy in which we make, consume, and throw away, moving circular is all about creating a circle where we design out waste and pollution by keeping products and materials in use for as long as possible and finding ways to create new resources from what we .
The world is changing. People are more conscious of their impact on the environment. Businesses are finding it more challenging to get access to raw materials. With the circular economy, we’re extracting the maximum value from products while in use, then recover and regenerate products and materials at the end of each service life. The circular economy puts a big focus on services, maintenance, and of assets. However, as resources become more and more scarce, manufacturers and distributors in the circular economy are introducing additional value-added services.