The future is circular : How Digital Transformation enables the circular economy in manufacturing

The real transformation in a thriving circular economy's origins is its close derivative from the regeneration of waste and nature. Stapling the economy with a future circular economy stands tall with the pivotal grip of  nature as the sole protagonist keeping raw material at it’s tow. Akin to old materials getting renewed the waste of the present age becomes productive for the next stage. 

Moulding circular economy with a new lease of life

The core feature of circular economy gets reflected in a strengthened mode of sustainability ojective alias in meeting it’s goals. Depending on the productivity of the industrious partners with an extrinsic and intrinsic vision of the apparent value chain exfoliates the renewable mindset of manual labour in understanding the richness of virgin resources striving an attempt to outgrow the value chain at it’s maximum drop point eventually accelerating the sustainability performance with a sheer economic delight of fossil carbon least exhausted. 

How can digital tools facilitate a circular economy ?

Upbringing a transformation in the circular economy expounds with the count of championed digital tools including predictive maintenance, remanufacturing, digital product passport in an effectual and effective metamorphosis hearkening the sustainable call for digitalization in the manufacturing industry. 

With the dawn of predictive maintenance a comprehensive support and a redemptive method dials the skeletonic pattern of automobiles , vehicles and other modes of commute each participating in the dimensions of designing, developing and selling in-house dealing with the machinery compartments and the necessary steps required to gadget an era ever known with the breaking dawn of digital transformation in manufacturing industry. One of the premier examples of predictive maintenance queues the quotient bar of Altair . From virtual simulation to stimulation technology has been curated awestruck with the seductive (in sic ) technological appeal for the AI fanatics worldwide indeed a cloud 9 experience. A virtual representation of physical assets mark the induction real –life feel, touch and experience in galoring  towards the technological evolution. 

In case of deprecation of items and a marring stock of standard in the commodity corrective maintenance stands out.

Remanufacturing

A new age saga of rebuilding of a product by allocating the combination of reused, repaired and new parts with it’s original handbook of product specifications at it’s natural promises a brand new replacement or renovation of the old product into new one. This yokes a sleek definition of remanufacturing. A proper and well garnered structure of unique completeness plots the narrative of remanufacturing .

For example in reference a remanufactured machine aligns with the akin standards of the relatable customer desires, expectancies and ulterior cheer only when the output conveys a similar experience based on it’s utility and gratification.
Remanufacturing is the new normal for dismantling the old parts into recuperated wholly 

Aircraft components -

High demand for re-manufactured aircraft components spike higher costs with the paucity of new parts harbouring demand for re-manufactured aircraft components tagging a cost of 20 to40% less than new parts. 

Car parts/ engines -

A galloping trot of 15,000US companies has punctuated it’s dominant name in remaking and reselling parts with an edgy contradiction to only 3,800 taking the step into new ones. 

Digital Product Passport

The horizontal. vertical and square of Digital Product Passport

Characteristics of digital product passport  foam as the major featuristic ingredients of sustainability, environmental impact and recyclability formulating With the proportioned amassing of data from the myriad stages of the supply chain with raw materials, sourcing , manufacturing process etc harnessing DPP in picture with a hankered and an unexpected benefit for  the awaiting and expectant stakeholders and participants modalling a sustainable pyramid of consumption. 

Denoted as a tool for accumulating and product data with an encapsulated dias apexes the shift of the entire lifecycle with the impregnation of illustrating the sustainability, environmental and recyclability acts as a thriving reflection in unleashing unlocked benefits, use cases , value extensively.

Medical devices -

Variants of companies with a capital initial leave uncompromised boundaries under it’s name –General Electric, Stryker, Vanguard AG Meditek Renew brewing it’s active and robust focal remanufacturing with distributing medical devices sparsely . 

Electronics -

Extension of life comes with a complementary revival of remaking the self-based products by eliminating carbon footprints and synthesizing the avenues of business with a gradual and steadyrise of growth accentured. 

Office furniture -

On a predominant horizon it’s imperatively recommended for business tycoons and moguls to customize and fix the meet line of business customer specifications. 

Examples of companies adopting circularity through digital transformation 

Carbon –

intensive industries enclosure the transition metamorphosising to a net zero future with a futuristic transformational pathway connecting individuals  with insight, expertise and multi-hyphenated solution under the bright sky of  rapid transformation into a sustainable future epicentering the priority with the national and international clients. Albeit the major challenge is countered by collaborating together,building partnership, building team , sharing team etal. 

In rapport with the digital transformation in manufacturing 

It all starts with transformation fuelled by the drive of pulsating expectations hardwired towards the evolution of personalized, digitalized, seamless, engaging and an intuitive experience across the highers and bullet touchstone pointers.

Amping the digital age with the transformation of digitalized modules 

Digital maturity aces up with the improvement of the engagement, enablement and the aggregate empowerment of employees and customers harbouring a connected and a structured pattern of effective business chain of outstanding business strategy. 

Examples of companies adopting circularity through digital transformation

The roadmap of industries is based on the fortification of  insightful and hand-picked customized information accelerating the trot of digital transformation catapulting value visavis the update of industrial knowledge and a keen comprehension in strategizing the ideas into material form collaborating with the in –house members and mates of the team with the constant surge of improving the hand off experience on a vivid scale and varying degrees and demanding proportion. Productivity reaches the scape of efficient result, optimized input, mitigating the shortcomings, resolving the errors and the issues eventually fostering a digital indexed age in the pace of digital transformation.

Close and knit inter-relationship of strategic digital leadership module textures the marketing platform  on an extended basis with the primary four pillars housing as the foundation layout expounding the digital crux of digital business models, business analytics , artificial intelligence, digital innovation with the outrageous leading digital strategies disseminating the trio or the three phases of transformation.Pulping the essence of digital transformation cults the progenitors and predecessors for every business to fruition into reality. Leaders, entrepreneurs, Investors and start-up commercialists make it huge with the portfolio of kneeding success on an amped approach to digital transformation. 

The sky is the limit for an envisioned dreamer 

Sustainable digital culture is the quote of  every aligned professional who cater towards beckoning towards understanding the dynamic shift patterns and standards of an avant-garde digital economy. On a note of creating the font of competitive value a second-party protagonist’s presence with other digital props make an outstanding rise and galore in benchmarking the industrial requirements. Digital age is a panaromic seed of an ambition carpelled into real –life mission enthusing the language of D with a digitilisation in the truest and astounding sense.

An affluent rise of empire – Starting from the generational seed of eminent industries strikes a bar to the rhythm with the titular names such as Amazon, Netflix and Google standing tall with the constructive and healthy competitors in the contemporary marketing dias. Learning apexes it’s grind on such a populace standard deviation of outgrowing digital ace with the teaching-learning connoisseur  underscored to hash the exquisite and broader range of firms, areas, regions, interest, functionality bearing a satisfactory carpe diem in each level studied, measured, analyzed, strategized and avidly studied with business simulation each embarking on a multifaceted call of the digital tune .
 

Circular economy stripes the shortlisted and chosen industries

Patagonia, Ikea, H AND M, Unilever, Interface etal flash out the exponential effected and parallel growth of circular economy in it’s whole key gradation and selection enfoldening the digital transformation gradually . Reducing waste foams the anthem of circular economy with sustainaibilty as the circular economy based motif accentuating the  harmony of a cleaner, pure, reduced, reused and recycled version of environmental footprint expansively. With the adoption and usage functionality of circular practices, modes, methods and core-substantial features companies are anchoring the versatile and contemporary  strata of product lifestyle instead of applying the traditional linear supply chains . An upgraded and innovative start for a cleaner and modified with less clutter environmental footprint forbears the benefit of Mother Earth (planet ) and the relentless need to address the implement the suggestions in a cyclic pattern executing circular economy for a 2x faster, better, cleaner and a more modified avatar of industries befriending circular economy lays out the metamorphosis sheen of digital transformation .

What is behind the scenes of the circular economy?

Pragmatic nuances and application bookmark the cocoon of change and a pivotal transformation for the happening and would be expecting industries to take a leap of risk, resilience, a falcon based mindset etal superlatively with closed loop manufacturing, take back programs, sustainable materials at it’s development and growing stage best to permeate the fundamentals and impregnate the views, standpoint, measures, tools , strategies and implementation solidying the A-Z of digital transformation head and not the tail of every succeeding and growing industry, professional and expansive tech giants amplifying the ABBA of digital transformation  not just a regular digital transformation but a shifting curve of transformation in the grand digital canyon of dubbing the prototype of circular-economy consecutively adopting and conceive the CE gene in a nomadic digital and sporadic civilization.