Accelerating the Circular Economy through Partnerships

Similar to sustainability models for business, the circular economy is the idea that resources be kept in use as long as possible so that the greatest value can be extracted from them. It’s predicted that in 2022 more supply chain leaders will practice the principles of the circular economy, saving resources, money and helping the environment. However, adopting these principles often means partnering with another business. An analysis by Gartner demonstrated that 77% of supply chain organizations collaborate with at least one of the following: startups, specialist recyclers, foundations and international groups. 2022 may be the year of the partnership for a greener, more viable economy.