63309.pdf

Circular economy represents a fundamental alternative to the currently predominating linear economy model, while Industry 4.0 is a technological enabler to bring process innovation in the industrial domain. New economic models are needed in order to reduce material inputs and waste generation levera...

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Γλώσσα:English
Έκδοση: InTechOpen 2021
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spelling oapen-20.500.12657-493452021-11-23T14:00:35Z Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry Pastrone, Claudio Rossini, Rosaria Pacelli, Giuseppe Bosi, Ilaria Ferrera, Enrico circular economy, industrial symbiosis, Internet-of-Things, agent-based marketplace, artificial intelligence, waste management, trading bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management Circular economy represents a fundamental alternative to the currently predominating linear economy model, while Industry 4.0 is a technological enabler to bring process innovation in the industrial domain. New economic models are needed in order to reduce material inputs and waste generation leveraging on ecodesign, recycling and reusing of products, new business models, and new technologies. Internet-of-Things and artificial intelligence can support the circular economy paradigm, through the development of a marketplace for connecting buyers and sellers of manufacturing services, raw materials and products toward building global supply chains. The core component of this marketplace is a novel, agent-based, brokering module that will apply both syntactic and semantic matching in terms of manufacturing capabilities, in order to find the best possible supplier to fulfill a request for a service, raw materials or products involved in the supply chain. 2021-06-02T10:12:54Z 2021-06-02T10:12:54Z 2020 chapter ONIX_20210602_10.5772/intechopen.80453_459 https://library.oapen.org/handle/20.500.12657/49345 eng application/pdf n/a 63309.pdf InTechOpen 10.5772/intechopen.80453 10.5772/intechopen.80453 09f6769d-48ed-467d-b150-4cf2680656a1 H2020-FOF-2016 723145 open access
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language English
description Circular economy represents a fundamental alternative to the currently predominating linear economy model, while Industry 4.0 is a technological enabler to bring process innovation in the industrial domain. New economic models are needed in order to reduce material inputs and waste generation leveraging on ecodesign, recycling and reusing of products, new business models, and new technologies. Internet-of-Things and artificial intelligence can support the circular economy paradigm, through the development of a marketplace for connecting buyers and sellers of manufacturing services, raw materials and products toward building global supply chains. The core component of this marketplace is a novel, agent-based, brokering module that will apply both syntactic and semantic matching in terms of manufacturing capabilities, in order to find the best possible supplier to fulfill a request for a service, raw materials or products involved in the supply chain.
title 63309.pdf
spellingShingle 63309.pdf
title_short 63309.pdf
title_full 63309.pdf
title_fullStr 63309.pdf
title_full_unstemmed 63309.pdf
title_sort 63309.pdf
publisher InTechOpen
publishDate 2021
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