The manufacturing industry is undergoing a multifaceted transformation, from automation to the adoption of Industry 4.0, dedicated to digitalization, to the use of AI for decision-making by advanced practitioners, all within the context of a circular economy that prioritizes sustainability and resource optimization.
As a key component of the circular economy, manufacturing must undergo a radical transformation from beginning to end: designing products to be recyclable, utilizing sustainable materials, and improving process efficiency to reduce waste and energy consumption. Smart Manufacturers will enhance their business models to provide consumers with “product-as-a-service” early on. In addition, they will be responsible for the end-of-life administration of their products, including collection and recycling.
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