Circular economy

The circular economy is an economic model that aims to optimize resource use by reducing consumption, waste and environmental impact. It opposes the traditional linear model (extract, produce, consume, discard) by promoting repair, reuse, recycling and product valorization. After-sales service plays a key role in the circular economy by extending product lifespans. Verisav contributes to the circular economy by facilitating repair and optimizing product life cycle management. The circular economy is based on several fundamental principles: ecodesign of products to facilitate their repair and recycling, reduction of natural resource consumption, extension of product lifespans, waste valorization and creation of reuse loops. This economic model offers many advantages: reduced environmental impact, creation of local jobs in repair and recycling, reduced costs for consumers, and improved business resilience to raw material shortages. European and French regulations, particularly the AGEC law and ESPR regulation, strongly encourage the transition to a circular economy. The DPP (Digital Product Passport) is a key tool in this transition, enabling products to be traced throughout their life cycle and facilitating their repair and recycling. Verisav supports companies in this transition by offering solutions that promote repairability, optimize spare parts management and facilitate complete product traceability.