McKinsey recently published in one of their newsletters a study on resource revolution. Working for industries that are very resource intense - or are producing resources, I thought that this was very mind opening thought.
You can find the study/article here:
One of the first thing that struck me - (and by the way, it is reality in my household as well) - a car is _not_ used for 95 % of its lifetime. What a waste of resources!
And comparable examples can be found in the industry many times.
McKinsey lists a couple of strategies how to handle this topic - and I was really wondering, how SAPs solutions can be used to help companies in making this stategies real.
The first strategy proposed by McKinsey is 'Substitution'. There are examples of how one material is replacing another material (e.g. eggs are replaced by a vegetable product called 'beyond egg'). Through SAPs collaboration solutions, I guess companies can really find it more easy to work together with engineers, researchers, laboratories, and so on when working on such a 'new material'. And also I am convinced, that the analytical capabilities make it possible to detect the areas, where a substitution of a specific material would make much sense.
What are the examples that you could think of?
I am curious about your ideas and thoughts that are triggered by this publication...