Sage study: Emerging tech critical to manufacturers embracing the Circular Economy while facing big industry challenges
August 08, 2022
New study by Sage reveals advances in technology and innovation (72%) as the biggest driver of Circular Economy (CE) strategies in manufacturing and distribution
A sustainable future powered by CE strategies is now a priority for the majority (84%) of senior leaders in manufacturing and distribution
Nearly one-third (32%) already experience significant benefits from their CE strategy, with a third (32%) more expected to reap the rewards in one to three years
But, two-thirds (67%) say at least some transformation of operations is needed to embrace the CE, and rising costs and supply chain disruption are among key challenges to overcome
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