How did the product management change due to circular economy?
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Product management has changed due to the circular economy. The circular economy model focuses on the efficient use of resources and maximizing the product's lifetime through recovery, reuse, and recycling of materials and products . Extended producer responsibility (EPR) is a strategy implemented in waste management to achieve circularity. EPR requires manufacturers to take explicit responsibility for product management over an extended period of time . Closing the loop through recycling is a primary circular strategy found in all products, while closing and slowing the loop through reuse, repair, remanufacture, and repurposing is found in specific products like packaging, vehicles, electrical and electronic equipment (EEE), and tyres . The role of consumer behavior is also important in achieving a more circular economy, and integrating lessons from behavioral sciences can facilitate e-waste management and circular economy initiatives . The adoption of circular economy principles requires effective information management and decision-making throughout the product life cycle .
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01 May 2020 98 Citations | The paper does not specifically mention how product management changed due to the circular economy. The paper focuses on the potential of integrating behavioral sciences to facilitate circular economy in e-waste management. |
05 Jul 2020 3 Citations | The paper does not explicitly mention how product management changed due to circular economy. The paper focuses on identifying criticalities in information management and developing a data classification model for circular product life cycle management. |
| The provided paper does not directly discuss how product management has changed due to the circular economy. | |
11 Citations | The paper states that in the circular economy, manufacturers need to change their focus from outsourcing end-of-life treatment to taking explicit responsibility for product management over an extended period of time. |
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