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Fifty-one percent of supply chain professionals expect that the focus on their circular economy strategies will increase over the next two years, according to a survey by Gartner, Inc.

In May and June 2020, Gartner surveyed 528 supply chain professionals and found that there are two main drivers for the increase: first, consumers may not be willing to make big purchases, resulting in product as a service (PaaS) models becoming more attractive. Secondly, a circular economy has the potential to improve raw material security from end of life products. Chief supply chain officers (CSCOs) can use circular economy strategies to increase their organization’s raw material security in times of disruption…

Read the full article from Supply & Demand Chain Executive by clicking here.

The post SDC: More Than Half of Supply Chain Professionals Expect a Greater Focus on Circular Economy Strategies over the Next 2 Years appeared first on AMDR.