Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry

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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Main Authors: Pastrone, Claudio, Rossini, Rosaria, Pacelli, Giuseppe, Bosi, Ilaria, Ferrera, Enrico
Format: Online
Language:English
Published: InTechOpen 2021
Subjects:
Online Access:ONIX_20210602_10.5772/intechopen.80453_459
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author Pastrone, Claudio
Rossini, Rosaria
Pacelli, Giuseppe
Bosi, Ilaria
Ferrera, Enrico
author_browse Bosi, Ilaria
Ferrera, Enrico
Pacelli, Giuseppe
Pastrone, Claudio
Rossini, Rosaria
author_facet Pastrone, Claudio
Rossini, Rosaria
Pacelli, Giuseppe
Bosi, Ilaria
Ferrera, Enrico
author_sort Pastrone, Claudio
collection Directory of Open Access Books
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.
format Online
id doab-20.500.12854ir-70674
institution Directory of Open Access Books
language eng
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher InTechOpen
publisherStr InTechOpen
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spelling doab-20.500.12854ir-706742025-08-13T14:12:01Z 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 thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and 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 2020 chapter ONIX_20210602_10.5772/intechopen.80453_459 https://library.oapen.org/handle/20.500.12657/49345 https://directory.doabooks.org/handle/20.500.12854/70674 eng open access image/jpeg image/jpeg image/jpeg n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/49345/1/63309.pdf https://library.oapen.org/bitstream/20.500.12657/49345/1/63309.pdf https://library.oapen.org/bitstream/20.500.12657/49345/1/63309.pdf InTechOpen 10.5772/intechopen.80453 10.5772/intechopen.80453 035ecc65-6737-43cf-a13a-6bdf67ce01f4 open access
spellingShingle circular economy, industrial symbiosis, Internet-of-Things, agent-based marketplace, artificial intelligence, waste management, trading
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
Pastrone, Claudio
Rossini, Rosaria
Pacelli, Giuseppe
Bosi, Ilaria
Ferrera, Enrico
Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry
title Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry
title_full Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry
title_fullStr Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry
title_full_unstemmed Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry
title_short Chapter Leveraging Internet-of-Things to Support Circular Economy Paradigm in Manufacturing Industry
title_sort chapter leveraging internet of things to support circular economy paradigm in manufacturing industry
topic circular economy, industrial symbiosis, Internet-of-Things, agent-based marketplace, artificial intelligence, waste management, trading
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
topic_facet circular economy, industrial symbiosis, Internet-of-Things, agent-based marketplace, artificial intelligence, waste management, trading
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
url ONIX_20210602_10.5772/intechopen.80453_459
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