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Towards circular economy implementation in manufacturing systems using a multi-method simulation approach to link design and business strategy
June 2017 • Michael Lieder, Farazee M.A. Asif, Amir Rashid, Aleš Mihelič, Simon Kotnik
The recent circular economy movement has raised awareness and interest about untapped environmental and economic potential in the manufacturing industry. One of the crucial aspects in the implementation of circular or closed-loop manufacturing approach is the design of circular products. While it is obvious that three post-use strategies, i.e., reuse, remanufacturing, and recycling, are highly relevant to achieve loop closure, it is enormously challenging to choose "the right" strategy (if at all) during the early…