Circular Economy

circular-economy-design

For all the right reasons, there is a lot of momentum about the circular economy. While it’s easy to agree with its principles of a regenerative and restorative economy, it’s hard to put things in to practice. Let’s look at what Makersite can do in this context.   A product’s circularity score measures two things:   First, the extent to which linear flows have been minimized and restorative flows maximized for its component materials. Second, how long and intensively a product is used compared to similar, industry-average products.   Circularity is essentially derived from a combination of three product characteristics: the mass of virgin raw...

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  A common Challenge   Especially in process manufacturing and life sciences markets, innovations can open new opportunities in more than one industry or segment. Consider Teflon or biodegradable polymers - many product applications are possible, each potentially representing lucrative markets. The challenge: How to identify these markets, quantify them and sell to the companies in those value chains?   A new Solution   To answer the challenge, it is relevant to know how much of which material or substance is required at each point of a value chain to produce a single unit of a given product.   Sankey diagrams put a visual emphasis on the major transfers or...

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We recently completed at "Should-Cost" project for a large industrial transport equipment manufacturer. The challenge: estimate manufacturing should-cost analysis based on a single, 600 part BOM and some drawings. We completed the Analysis of Material Costs, vertically integrated Should-Cost (excl. supplier margins) and estimated Procurement Price (incl. supplier margins) in under 4 weeks. We achieved a good degree of predictive cost accuracy (+/- 5-12% variation) and a full view of environmental impacts and regulations for every part of the BOM and its related production processes ...

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