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Questions and Answers
What is the main focus of the document provided?
What is the main focus of the document provided?
What is a key characteristic of recyclable inputs in a circular supply chain?
What is a key characteristic of recyclable inputs in a circular supply chain?
Why is contamination a critical concern for recyclable inputs in a circular supply chain?
Why is contamination a critical concern for recyclable inputs in a circular supply chain?
Which of the following is NOT considered a sustainable solution for a bio-based industry, as mentioned in the provided text?
Which of the following is NOT considered a sustainable solution for a bio-based industry, as mentioned in the provided text?
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What is the main advantage of a circular supply chain business model, according to the text?
What is the main advantage of a circular supply chain business model, according to the text?
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What does the text suggest regarding the adoption of the circular model in bio-based industries?
What does the text suggest regarding the adoption of the circular model in bio-based industries?
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What is the primary objective of the 'public-private model for bioeconomy' mentioned in the text?
What is the primary objective of the 'public-private model for bioeconomy' mentioned in the text?
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What kind of value can companies find in collaborating with customers on joint development projects?
What kind of value can companies find in collaborating with customers on joint development projects?
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What is the main challenge for implementing a Circular Bioeconomy Model (CBM)?
What is the main challenge for implementing a Circular Bioeconomy Model (CBM)?
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What is the most important goal of CBM implementation?
What is the most important goal of CBM implementation?
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What is the most common obstacle to successful CBM implementation?
What is the most common obstacle to successful CBM implementation?
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What is a key benefit of working within a collaborative circular network?
What is a key benefit of working within a collaborative circular network?
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Which of the following is NOT a key principle of CBM implementation?
Which of the following is NOT a key principle of CBM implementation?
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What is the main benefit of using Ecovative's mushroom-based materials?
What is the main benefit of using Ecovative's mushroom-based materials?
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What is the most significant advantage of using fungi in Ecovative's process?
What is the most significant advantage of using fungi in Ecovative's process?
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What is the main implication for the CBM of Ecovative's mushroom-based materials?
What is the main implication for the CBM of Ecovative's mushroom-based materials?
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Study Notes
Circular Supply Chain
- Circular supply chains prioritize the reuse and regeneration of resources
- They aim to replace traditional linear resource depletion
Kraljic's Matrix (1983)
- A framework for supply chain management
- Categorizes supply items based on profit impact and supply risk
- Leverage items: Abundant supply, high profit impact, full purchasing power exploitation
- Strategic items: High profit impact, strong relationship management, collaboration critical
- Non-critical items: Low profit impact, standardization valued, abundant supply
- Bottleneck items: Low control over suppliers, scarcity, innovation/substitution necessary
Circular Supply-Chain Business Model
- Renewable: Renewable energy replaces nonrenewable energy, essential for circular value chains. Must be nontoxic
- Recyclable: Metals, minerals, etc can be recycled. Contamination and toxicity are avoided
- Biodegradable: Bio-chemicals or bioplastics are biodegradable, replaces nonrenewable components, and environmental friendly, but be aware of oxo-biodegradation (not sustainable)
The Bioeconomy
- Jobs & wealth in EU bioeconomy: Quantified by a JRC (Joint Research Centre) study (2020)
- Medium-term outlook commodity flows: Based on EU agricultural data
CSP Model (Circular Supply Chain Model)
- A cyclical model emphasizing product value chain, resource regeneration, renewable and nonrenewable resource management, and biodegradation
- Trades to open market, reprocessing, recovery channel, and biodegradation are key steps
Variations of the Business Model
- Producing for others: Companies work with customers to develop and manage lifecycle projects using recyclable or biodegradable inputs.
- Producing for their own operations: Companies focus on circular inputs for internal use through joint development.
Bio-based Industries (BBI)
- Early adopters of circular models in energy and chemicals
- Pioneers are in Europe and North America
- Shift from fossil fuels to bio-based alternatives
- Includes sectors like Advanced protein, Food & beverage, Household care, Professional cleaning, Animal health, Leather & textiles, Aquaculture, Bio Agriculture, Pulp & paper, Bioenergy, Carbon capture, Fine chemicals
Key Challenges to Implement Circular Business Models
- Scaling: Must be popularized for economic viability.
- Cost x Lead time: Businesses need to manage this core issue.
- Research & development cycles: Time and investment are needed for innovation.
- Supporting circular network: Effective joint ventures share costs and knowledge for faster growth.
- Core business expansion: Companies should consider customers' future trends
- Avoiding infrastructure investment: Utilize existing infrastructure for circular supply.
- Search for big waste: Prefer using recyclable materials
- Cradle to cradle design: Design for reuse, repair, and recycling
Eco-Innovative Business Models (e.g., Ecovative)
- Disruptive innovation in rigid and molded materials using fungi
- Using renewable resources to implement biodegradable alternatives.
- Mycelium acts as a natural glue digesting crop waste, making products reusable
- Fungi grow in factories without competing for land versus more traditional agricultural solutions.
Italian Cases (e.g., Alipast)
- Reuse is key for production scraps to achieve resource regeneration.
- Recycle and bio-based materials.
- Generates new materials with a natural look and design
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Description
This quiz covers key concepts of circular supply chains, including their focus on resource reuse and regeneration. It also discusses Kraljic's Matrix, a vital framework for categorizing supply items based on profit impact and supply risk. Prepare to explore the sustainable business models that define this innovative approach to supply chain management.
