In today’s rapidly evolving business landscape, the concept of a circular economy is gaining traction as a viable solution to the challenges posed by waste and resource depletion. This blog post explores insights from a recent podcast featuring industry experts Stephan Spijkers and Ruud de Bruijckere, who delve into how effective product data management is fundamental to realizing the potential of circularity in business practices.
Speakers:
Stephan Spijkers – Co-Founder, PIMvendors.com
Ruud de Bruijckere – Wice-CEO, Signifikant
Key Takeaways:
- The circular economy aims to minimize waste through various strategies, including repair and refurbishment.
- Effective product data management is crucial for supporting circular business models and enhancing aftermarket services.
- Case studies like Gorenje illustrate the viability of service-based business models in achieving sustainability goals.
- Businesses must collaborate and invest in the necessary tools to transition towards a circular economy successfully.
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