The supply chain by its very nature, leaves behind a trail of wastage. A circular supply chain would mean that the waste could be treated for reuse or remanufactured, providing a source of revenue. It probably makes sense for supply chains to alter their outlook and look at circularity for environmental reasons. However, a circular approach needs to be integrated into the supply chain right from the early stage.
This topic was discussed at the recent UK India Webinar on Digital Manufacturing and Connected Supply Chains. “Circularity is essential for India to achieve its net zero target. The remnants of the supply chain can be repurposed and this function as an allied industry to the supply chain. Waste to repurpose systems need to be put in place. This could create new economic opportunities and enhance sector competitiveness in the manufacturing industry,” said Mukesh Kumar, a university associate professor in the Department of Engineering at the University...