Sustainability has been a topic of much discussion in manufacturing circles in the last few years, with disciplines like zero waste to landfill and closed-loop systems being mulled if not practiced. Closed-loop resource planning, also known as closed-loop manufacturing resource planning (CLMRP), is a model built on the presumption of returned or recycled products as part of the supply chain. With no new raw materials entering, the life cycle resembles a continuous loop.
Part of a broader movement that is often referred to as the “circular economy,” CLMRP is a concept promising a wide range of benefits, from cost savings to greener and cleaner operations to regulations compliance to alleviating raw materials shortages. Read more