We round up themes from the last nine episodes, exploring how data is the key to solving problems of waste and underused assets, and why aligning values with your customers is important. Plus, Catherine is celebrating publication of the new edition of her award-winning A Circular Economy Handbook, and shares a code so you can save 20 percent on the print or e-book, worldwide.
Catherine Weetman talks to Noreen Kam and Michael Brown about the circular asset management solution they’ve developed for LUP Global’s customers.
We hear about the opportunities for companies to reduce their capex, improve the performance and lifetime cost of equipment, and to recover value from the equipment at the end of its service period. Michael explains how this approach is normal in the airline industry, where often the airline doesn’t own anything – the plane, the engines, even the seats. Everything is owned, provided and maintained by the suppliers – you may have heard of the Rolls Royce example, selling power by the hour so you purchase the performance of the engine, instead of buying the engine itself.
Noreen and Michael realised that many other industry sectors don’t use these approaches, and so they are helping companies benefit from circular asset management, starting with laboratory equipment.
Episode 10 is our first circular economy highlights compilation! Perfect listening to spark your ideas for building a better business in 2020. This would be a GREAT episode to share with someone new to the podcast, or new to the circular economy.
Tom Harper talks to Catherine Weetman about some of the circular economy projects he has introduced to Unusual Rigging Limited, including circular asset management. Fuelled by a drive to ‘be the change’, Tom has designed and implemented initiatives including asset management, reuse and refurbishment, new services, and new approaches to product design. These circular initiatives have brought wide-ranging benefits to the company, improving customer engagement, reducing costs and boosting its competitive edge.
Unusual Rigging provides rigging and stage engineering solutions to the entertainment, exhibition and special event sectors across Europe.