Updated: Jan 1, 2020
A circular economy is an economic system aimed at eliminating waste and the continual use of resources. Circular systems employ reuse, sharing, repair, refurbishment, re-manufacturing and recycling to create a close-loop system, minimizing the use of resource inputs and the creation of waste, pollution and carbon emissions. The circular economy aims to keep products, equipment and infrastructure in use for longer, thus improving the productivity of these resources.
Change You Mindset
Businesses and individuals should be mindful of the part they play in using the earths resources. Electronic Manufacturers often have excess component inventory that will not be used for production and most businesses have older technology that is no longer being used after upgrading to new systems. These assets are often overlooked as trash and discarded into landfills, when in fact they can either be reintroduced to the supply chain, recycled for their precious metals/minerals or refurbished and consumed by others.
Excess Electronic Component Inventory
Selling excess electronic components inventory allows for a company to participate in a circular economy by reintroducing new/unused components back into the supply chain. This reduces the need for the mining and consumption of the precious metals and other elements that are used in the components.
IT Asset and Disposition (ITAD) Services
ITAD services are a great way to participate in a circular economy. These services allow businesses to dispose of unwanted technology after upgrades have been completed. The ITAD service provider ensures that assets are disposed of in environmentally responsible manner.
Items that ITAD service providers handle:
Communication equipment: phones, fax machines and printers, etc.
Computers: desktops, laptops, monitors, keyboards and other peripherals
IT equipment: HDDs, SSDs, routers, servers, etc.
To learn more about how you can be part of our circular economy, please contact Gerard@GerardEMG.com