Meaning ● Digital Circularity Strategy, in the realm of SMB operations, denotes a conscious business framework aimed at minimizing waste and maximizing resource utilization across the entire product or service lifecycle. ● Specifically, it addresses how SMBs can integrate circular economy principles – reduce, reuse, recycle – into their digitized business processes, often through automation. ● This strategic approach focuses on designing products and services for longevity, repairability, and recyclability; furthermore, it emphasizes leveraging technology, such as data analytics, to track materials, optimize resource flow, and enhance supply chain transparency.
