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How Circular is My Product?

Use the RESOLVE model to determine if your idea is circular

The use of renewable energies and resources, the recovery and extraction of biological resources and their return to the natural cycle in order to preserve and rehabilitate ecological systems (eg, using biodiesel derived from restaurant oil)

Regenerate

Sharing assets (eg cars, spaces, appliances) and using second-hand products to increase resource utilization and save unnecessary production.

Sharing

Increase product performance and efficiency, avoid waste generation throughout the production and supply chain, use tools such as Internet of Things to get information about the product's status to improve efficiency and performance.

Optimize

Working with partners from within and outside the supply chain to repair and replace parts of an old product to produce a new product, manufactured from recycled materials ("technical" components), and anaerobic digestion, extraction of organic biochemical materials from organic waste to return them to the biosphere ("biological" components).

Loop

The conversion of the service provided by the physical product, to the cloud service or through a business model that does not include the sale / ownership of the physical product, thereby transferring the responsibility and incentive to keep the product to the manufacturer.

Virtualize

Converting old materials from non-renewable sources in new and advanced technologies, using advanced technologies such as 3D printing, online services such as digital healthcare applications, and so forth.

Exchange

The RESOLVE model was created by McKinsey & Company. For more information visit their website or click here for more information on the model.