Abstract
Companies increasingly focus on their long-term
sustainability and ecological footprint. Circular economy
models are a step towards more sustainable business in
networked companies. Majority of business and operating
models contain elements of circular economy. These models
have implications for the asset management strategies,
processes and practices in companies. They create new
kinds of opportunities and threats and enable new asset
management related innovations.
In this paper, the general archetypes of circular economy
models are presented. Two assessment frameworks are
utilized to identify the different types of models. The
circular economy models are analyzed from the asset
management perspective. Opportunities and threats
produced by the circular economy models for asset
management were identified.
Original language | English |
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Title of host publication | ScAIEM2016, 4th Nordic Conference on Industrial Engineering and Management |
Publisher | Luleå University of Technology |
Publication status | Published - 2016 |
MoE publication type | A4 Article in a conference publication |
Event | Maintenance Performance Measurement and Management Conference - Luleå Tekniska Universitet, Luleå, Sweden Duration: 28 Nov 2016 → 28 Nov 2016 |
Conference
Conference | Maintenance Performance Measurement and Management Conference |
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Abbreviated title | MPMM |
Country/Territory | Sweden |
City | Luleå |
Period | 28/11/16 → 28/11/16 |
Keywords
- asset management
- circular economy
- threats
- opportunities