Technology’s impact throughout the circular economy

Jan 15, 2016

If we start with manufacturing – could technology hardware companies help by moving away from short life consumption models which encourage, for instance, consumers to throw away their smart phones in line with tariffs, contracts and software updates rather than when the device is broken?

Repair, Re-use and Recycle

The increase of the repair and re-use service industry has counteracted this consumer behaviour but how long is the shelf life of a product to enable this long term? Manufacturers can design products to last and allow for the provision of secondary raw materials back into the circular economy. To maintain consumer acceptable pricing will mean cost reduction, ERP best practice, value analysis and other programs to reduce product costing. But this is another topic for another day.

Technology within waste recovery and re-manufacturing has had a positive impact in allowing industries to recover these materials – so called “urban mining”.Technology has also helped with the increased safety in recovering materials such as copper as well as allowing for the energy recovery capabilities from end of life plastics and the ability to be reprocessed back into the recycling circle.

Industry specific waste management ERP software solutions such as Prodware Adjust Waste and Recycling also enable organisations within this sector manage waste collection, processing, storage, recycling and disposal in a more integrated, compliant and productive fashion with full reporting capability to allow for granular analysis of performance against targets and KPIs. By bringing best practice established across Europe, not only adherence to regulation but operational savings can be attained. A Win /Win scenario for operators, brokers and specialist recovery operators.

Recycling really does make a difference, so let's all do our bit to keep the planet healthy for future generations.