Business Strategy and Operations in a Biobased Economy

“Sustainable growth business models are the beginning of a solution — they aim to optimize the use of resources and fossil energy, and to reduce waste flows and emissions (eco- efficiency). Structuring a (more) circular business model is a logical next step. A circular economy is the logical and more hands-on approach to sustainable thinking and acting. Besides a clear link to cost reduction, the principles of a circular economy have an even stronger link to value creation and innovations at system level". From the document “Circular Economy” of the Dutch Sustainable Growth Coalition.To contribute to the Bio-society in 2050 you should know what a business model of a company in the biobased and circular economy comprise of.  Does it always require cross-company collaborative efforts to succeed in this sector? What operational supply chain challenges have to be dealt with to ensure efficient and sustainable production networks? And how can managerial decision-making be supported by quantitative methods?Join this course if you want to be able to answer these questions and gain a solid understanding of the business side of the biobased and circular economy.The course contains two key business perspectives. It starts with relevant strategic management considerations such as the trends impacting the transition of businesses and value chains towards a more circular economy, their multi-stakeholder collaboration, and the development of feasible biobased business models. Then, the course continues with operational considerations, on e.g. supply chain management issues, different types of planning problems that are encountered, and the development of decision support for the design and operations of biobased supply chains.Don’t miss out on this opportunity to gain the skills on a strategic- and operational level to transform your company’s business model in a conscious, sustainable and profitable one.

Created by: Wageningen University & Research

Level: Advanced

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