A few weeks ago, we added a couple of great features to our product management platform Makersite.
And what better place to showcase them than at Sustainable Brands in Vancouver?
Circular Economy challenges for Product Design
Circular Economy is more and more important for brand equity. Actually, companies are looking for material alternatives to create more sustainable products while improving performance and decreasing costs.
That’s challenging, as circular material use takes into consideration compliance, design/engineering, and supply chains. Yet prior to Makersite, there was no tool to bring together these multiple facets of product performance.
Product Management made simple
Data management and collaboration are not problems anymore. In fact, Makersite offers product teams the possibility to gather all the aspects of product management in only one place. From cost to design and stewardship and compliance, product managers can now quickly analyze in depth their products and improve them.
Functions like product design, engineering, procurement, compliance, and supply chain can now collaborate together and revolutionize the way to make, buy and sell products.
New features include:
Assessing Alternative Configurations
Which version of your product is the best? Our Product comparison tool quickly helps you to identify what attributes are most relevant for product performance. This way, you can compare your products on the basis of several criteria at once and choose which one is the best.
Product Compliance and Pins
Understanding compliance risk is a significant part of product design. It requires knowledge of the composition of supplier parts, which is a tedious process of data collection as well as gathering global regulations themselves. Today, Makersite gives you the possibility to grade BOMs for compliance with an extensive set of regulations up to your supplier’s supplier.
Supply Chain Transparency
In today’s complex, global supply chains it is difficult to trace where restricted chemicals may be entering a supply chain. But thanks to its advanced technology, our system early identifies those risks, and which jurisdiction and regulation restrict them.
Suppliers are also often reluctant to share environmental data due to Intellectual Property concerns. Now, buyers and sellers can calculate footprints easily, reliably and with granular security to protect IP. Hence data is comparable and reliable yet avoids conflicting interests.
What are viable, operational possibilities between marginal reduction of waste and full business model transformation? Makersite supports your pathway to ‘circularity’ in practical stages, from basic waste reduction to full business model transformation.
And if you are interested in Circular Economy, don’t hesitate to take a look at our webinars!