Circular Economy Business Models
Lean manufacturing is a production practice that considers the expenditure of resources in any aspect other than the direct creation of value for the end customer to be wasteful and thus a target for elimination. It focuses on improving efficiency, reducing waste, and delivering value to customers through continuous improvement processes. By optimizing resources and workflows, lean manufacturing aligns well with the principles of sustainability and circular economy, as it aims to minimize environmental impact while maximizing productivity.
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