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To give you an idea, it is estimated that the circular economy could generate 160,000 jobs in Spanish SMEs before 2030 . Net savings on raw material costs As we have explained, the circular economy offers a very powerful solution to the dependence we currently have on primary, finite resources, and, consequently, their prices. How can there not be savings if companies will no longer have to invest so much in the purchase of materials? In fact, the European Union estimates that savings could reach 600 billion euros.
So now you know, recycling, reuse and industrial symbiosis can be your best allies. Boost innovation Cambodia Phone Number Data The circular economy requires a critical change in the production, distribution and consumption systems currently used. All of this inevitably leads us to smarter design that considers the entire life cycle of products, to design them in a way that prolongs their useful life. A more sustainable design or reverse logistics networks, among other support systems, will be the source of interesting ideas loaded with technological development.

Increase productivity The circular economy, by increasing the efficiency of all stages and departments that act in production, reduces time, economizes processes and, consequently, increases productivity and income. Ultimately, the circular economy is about improving production efficiency. Tools, concepts, business methodologies... Test yourself with this test! (it won't take you more than 3 minutes) Take the test! FREE classes What would it be like to take one of our master's degrees? The best thing is that you try it yourself with these totally FREE classes! Sign up and live the experience of being part of the business school that has put the traditional educational model in check.
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