Sabine Büttner and Paul Szabo-Müller from the Prosperkolleg have presented on the sustainable.digital Conference 21 “The future of medium-sized businesses – data or Mindset?“ a Workshop on the topic “ Circular economy in the context of data and Mindset “ given. You could not be there? Watch the video of the session. Read below to find out what it’s all about and feel free to contact us.
In addition to the right business mentality, an important foundation for acting circularly is the use of data. Good data can help close material loops by providing accurate information about the availability, location and condition of products. Digitization can also enable more efficient processes in companies, contribute to waste reduction, promote longer product life, and minimize transaction costs (cf. Antikainen et al., 2018 ).
In our workshop session, we highlighted the role data could play in the transition to Circular Value Creation, what data is important, and the different examples of digital Circular Value Creation. We thank the organizers and participants for the great session!
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