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Redefining your waste as a resource of value by using the circular model can give you a competitive edge in the market and positively impact your bottom line in the long run.
Australia has been consuming and wasting resources with our linear economy and we face one of the world's highest domestic logistics costs, sitting at the end of a complex global supply chain.
The time for redesign is now - circularity is a system-wide way of running your value chain while reducing waste, maximising resource usage and building value.
Circular supply chains can be more profitable, more certain and responsible and have a lower cost to serve. What was once considered waste in a business may be a valuable resource which can cycle through your supply chain. The way that waste is perceived and handled across the supply chain has evolved - from something to be reduced to avoid value loss, to a by-product which could be sold or repurposed to recapture value, and a resource that has the potential to redefine your brand’s value proposition.
Redefining your waste as a resource of value by using the circular model can give you a competitive edge in the market and positively impact your bottom line in the long run.
Stakeholders at all levels are critical to the success of circularity in the supply chain; each drives the imperative to change in a unique way. You can positively impact the future and leave a legacy by transforming existing parts of your business. The opportunity to mature the Australian market through collaboration at all levels remains one for the taking.
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Contact us
Varya Davidson
Partner, Advisory, Energy Transition, Strategy& Australia
Tel: + 61 478 303 103
Gyanam Sadananda
Partner, Consulting, Supply Chain and Procurement, PwC Australia
Tel: +61 466 152 745