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48 MATERIALS JAN/FEB 2025 FDM ASIA | www.fdmasia.com
www.pexels.com(2) Cycle Assessment (LCA).
LCA is pivotal in assessing environmental impacts of
products and services. As circularity increasingly becomes
common ground for competition among companies, LCA
serves as a benchmark for measuring circularity performance.
Research highlights the strong link between LCA and
circularity, particularly in construction, while LCA-based
indices effectively assess the impact of circularity strategies
on environmental performance at meso- and macro-levels.
LCA also supports standards like ISO 59020 and UNI
11820:2022, providing clear criteria for evaluating resource
Bureau (EEB) are imposing stricter environmental constraints, efficiency and material circularity. As a result, then, LCA plays
requiring companies to adopt sustainable practices and meet key role in enhancing competitiveness through measurable
rigorous carbon reduction goals. progress toward sustainability.
For example, manufacturers now face tighter rules regarding No wonder, then, demands arise for LCA's adaptation to
waste management, the use of eco-friendly materials, and the even more ambitious uses igniting the spread of lifecycle-based
reduction of emissions during production processes. managerial approaches, particularly Life Cycle Management
Compounding these challenges is a steep increase in (LCM). LCM proves more effective, incorporating environmental,
raw material and energy prices, largely driven by geopolitical economic, and social aspects of products, processes, and
factors and inflationary pressures. Indeed, furniture industry organisations.
has been significantly impacted by rising costs since 2021, LCM is an integrated concept for managing the total
due to factors such as raw material shortages, supply chain life cycle of goods and services toward a more sustainable
disruptions, and increased post-pandemic demand. production and consumption. LCM is applicable for industrial
As a result, many companies are caught in a vicious cycle and other organisations demanding a system-oriented platform
where compliance costs rise, but margins shrink due to supply for the implementation of a preventive and sustainability-driven
chain instability and higher production costs. management approach for a product service system.
Companies strive to reduce environmental impact and Previous studies have recognised Organisational Learning
increase efficiency through internal tools and practices. Recent (OL) as an essential factor influencing knowledge management
efforts focus on involving various actors in value chains to processes, such as knowledge acquisition, creation, storage,
identify collaborative solutions for sustainable and circular transfer, and utilisation, positively.
products and services, since the linkage between green product Besides, based on the previous studies’ results, these
strategy and financial performance has already been proved, effective implementation processes positively affect sustainable
as well as its overall competitive advantage. organisational performance.
Among the number of ways through which companies can However, since parameters in LCA may vary significantly
pursuit a sustainable business model redesign, digitalisation across different product categories, the managerial effects
stands at the forefront of the recent studies. However, such on a broader scale can also vary considerably. Therefore,
a transition towards a more sustainable business model has case-specific approaches are required through case studies.
even been propelled by other technological tool like the Life The study, then, is designed to explore how an organisational

