You may not have thought of it this way, but you are an enabler of the circular economy.

Maintenance and repair are the best way to prolong a product or asset’s lifespan.

The Circular Economy is a movement that promotes an economic model where the production and consumption systems are transitioned from “take, make, waste” to “recycle, make, use, repair, reuse, remake, recycle…”. 

This concept goes beyond the actions of waste management and recycling, being broader and more comprehensive, and based largely on an optimization and use of all available resources, taking maximum efficiency of their technical cycles. 

Maintenance then, has a powerful role to play in achieving a more Circular Economy, and thus a more sustainable world.

Different maintenance strategies such as CBM (Condition Based Maintenance), TPM (Total Productive Maintenance) and RCM (Reliability Centred Maintenance), improve equipment performance by extending their lifespan and ensure they run optimally. 

Through technology, analytics, and AI, we can optimize maintenance processes across different industries, aiding them in their circular journey.