Implementing circular economy in reverse logistics – Philips Personal Health
Overview
Company Name / Department |
Philips Personal Health |
Contact Person |
Josse Ruiter, Hans Leijen |
Location | Eindhoven |
Optional remote work | Hybrid, partly office, partly remote |
Travel expenses (own account or reimbursed by the company) | No, unless meeting specific conditions |
Housing arranged by company | No |
Housing expenses (how much per month, own account or subsidized by the company) | No, unless meeting specific conditions |
Internship compensation | €700 gross per month |
Study program |
OML |
ESCF community |
Data2Move / LINCIT |
Start date |
September, 2024 |
Company Description
Project Description
Project description:
Circular economy is one of the key pillars of Philips’ sustainability program and transformation strategy. Philips’ 2025 ESG commitments include ambitious circular economy targets, such as increasing its circular economy revenue to 25% of sales and designing all new products in line with Philips EcoDesign principles. In 2023, sales of products and services that contribute to circular economy accounted for 20% of sales. To meet the ambition going forward, the Philips supply chain needs to facilitate reverse logistics. Capturing returned products and resell them as refurbished is one of the key contributors to circular economy in Personal Health. A new ecosystem with partnerships to support this is taking shape. Philips is growing and developing supply chain models to support the global scaling of this ecosystem that includes maintenance, repair, refurbishment, harvesting and recycling. This master assignment aims to deliver supply chain models to support this ambition to transit to a circular ecosystem and the logistic and operational processes to support this. Decisions need to be made on footprint (local 4 local vs global activities), keeping in mind i.e. transport cost (financial and environmental), VAT limitations, (local) regulations, required investments for implementation and product specific limitations. Part of the assignment is competitor research in the consumer electronics industry, and benchmarking these.
Goals of the project:
By interviewing stakeholders inside and outside Philips and combining this with quantitative analysis of the available data and making integral trade offs, you will make recommendations that will help Philips to bringing the circular ambition to the next level.
Deliverables:
MSc thesis report
More information: escf@tue.nl