Digital technologies, especially those related to the concept of Industry 4.0, have been i argued to enable Circular Business Models. At KINCHIT, our aim is to build a state-of-the-art purpose-built facility with advanced technology-enabled innovation and remanufacturing center; both would guide the imagination and realization of an organization’s digital future and enhance the role of digital technologies in business model innovation for Circular Economy, by collaborating and co-creating. Our purpose is to develop a comprehensive need-based approach to the Circular Economy concept more widely, looking at the 3R Strategies – Rethinking, Repurposing and Reusing consumption and linking them with the concept of sustainable consumption.
Standardisation drives CE transition
What is standardisation? Standards distil the state of the art science and knowledge on a particular subject into concise, easily accessible and understandable guidelines...