Accelerating Routeco’s Circularity Journey
Evolveable Consulting is a leading provider of circularity solutions for businesses that want to transition to a more sustainable and profitable model.
We help our clients measure, improve, and communicate their circularity performance and create new value propositions based on circular principles.
In this case study, we will share how we conducted a circularity assesssment for routeco, a large industrial automation distributor in the UK.
What is a Circularity Gap Analysis?
A circularity gap analysis is a comprehensive assessment of how circular a company is and how it can become more circular.
Circularity is the ability to keep products, components, and materials at their highest utility and value at all times, eliminating waste and pollution.
A circularity gap analysis follows four steps:
- Data collection: We gather relevant data on the company’s products, processes, and performance indicators.
- Benchmarking: We compare the company’s circularity performance with industry standards and best practices.
- Gap identification: We identify the critical gaps and challenges that prevent the company from achieving higher levels of circularity.
- Opportunity prioritisation: We prioritise the most promising opportunities for improvement and develop a roadmap for action.
Why Routeco Needed a Circularity Gap Analysis?
Routeco is a leading distributor of advanced industrial automation infrastructure solutions. The company operates in a highly competitive and fast-changing market, where customer expectations and regulatory requirements are constantly evolving. Routeco is uniquely placed as digitisation and Industry 4.0 are critical enablers for the circular economy.
Routeco wanted to understand how circular it was and how it could improve its circularity performance to gain a competitive edge and create long-term value for its stakeholders.
How We Conducted the Assessment
Our team of circularity experts worked closely with Routeco’s management and staff to conduct the analysis. We used a range of methods, such as stakeholder interviews, data reviews, surveys, and workshops, to collect and analyse data on Routeco’s products, processes, and performance indicators.
We identified the critical gaps and challenges that Routeco faced in increasing its level of circularity. We also explored the potential opportunities for improvement and prioritised them based on their feasibility, impact, and alignment with Routeco’s strategic goals.
We were able to develop a circularity action plan for Routeco to execute to meet both their corporate aspirations and clients in transitioning to a circular economy.
How Evolveable Consulting Can Help You
If you are interested in conducting a circularity gap analysis for your company or want to learn more about our circularity solutions, please contact us today.
We will happily discuss your needs and goals to help you transition to a more circular future.