Circular Economy and Risk Management
Supporting you through your Circular Economy and Supply Chain Risk programs
Circular Business Case
Identify the opportunities available from migrating to circular business practices, and the capability and network requirements for successful implementation of your chosen model. Whether you are taking an open or closed loop approach, looking at decarbonisation, or striving for Net zero, we can support your needs.
Develop an indepth understanding of the associated financial and sustainability metrics.
Developing a roadmap will be key to successfully completing your business case, along with drafting your scope for priority circular projects.
Solution Architecture
Designing your solution will requirement engagement with product, customer, financial and supply chain stakeholders, in order to ensure alignment on the scope.
Mapping each supply chain flow and the network required to drive circular initiatives, which will help to highlight the impact on customers, operations and partners and identify process and information gaps.
Develop the governance and reporting structure that will be used to measure the impact of your circular decisions.
Implementation Support
The development of your implementation roadmap with sequenced actions, KPIs and timelines to support your implementation. Building out the missing processes and capabilities, whether internal or through outsourcing will ensure all aspects of your business are considered.
Each implementation requires the development of the product disposition logic, which is optimised for financial and sustainability targets.
Navigating new regulatory, trade and compliance challenges can be difficult, in particular relating to the movement and certification of used goods.
Other services in this area
Becoming a more responsible and sustainable organisation means your stakeholders expect disclosure, transparency, and target achievements from your social and environmental performance. Knowing that for most organisations, the majority of their impact lies within their supply chain, new levels of governance, up-stream and down-stream compliance, information sharing, and auditing are required.
Select and implement relevant standards and supplier policies, and the appropriate metrics.
Identify and select responsible suppliers.
Assess and select the best tools available to report and improve on scope 3 emissions and other ethical supply chain aspects.
Guidance on relevant product redesign strategies. You will need to consider the design for disassembly and repair, modular design solutions, and the design for dismantling and material recovery.
We can provide the practical advice needed for the return and processing of company assets, legacy products, and third-party products in the context of lease, rental, PaaS, take-back, buy-back or trade-in models.
We support your development and deployment of a risk framework for your business, which identifies and manages a range of risks across the supply chain.
Moving your risk management process from an event driven response to a continuous process that monitors priority risk areas linked to the business, will enable a streamlined approach.
We actively support businesses in developing resilience capabilities within their supply chain, in order to adapt and recover from risk events.
Ensuring compliance can be challenging. We support your design and development of the appropriate supplier management frameworks, to ensure the integrity of third party supply within your supply chain.
Measurements will support the success of supplier management. Such measurements should look beyond the financial and services level metrics, and include quality assurance, traceability and visibility across multiple supply tiers.
Circular Economy and Sustainability Planning
Circular supply chain design presents companies with the opportunity to disrupt traditional supply and business models to create a more sustainable and profitable future. It requires a holistic view of product lifecycle and will require new supply chain capabilities and flows. These in turn enable new revenue opportunities and a sustainable approach to materials sourcing, product design and management.
While the circular economy concept itself is quite simple, operationalising it can be complex. PerformanSC will guide you on your journey to assess the best strategies, plan your transition and anticipate and address your new supply chain challenges.
Check out our insights from our Supply Chain Enabled blog or relevant articles below.