Circular economy

Definition

Economic model that designs out waste and pollution; relevant for take-back, recycling, and refurbishment of merch programs.

How it appears in merch sourcing

"Circular economy" comes up regularly in B2B procurement conversations, especially when negotiating quality, customs, or sustainability terms with suppliers across our 6 served countries (Armenia, Cyprus, Georgia, Serbia, Turkey, UAE). Knowing this term lets you specify exactly what you need and avoid ambiguous wording that leads to scope creep.

Related terms

Browse the full glossary for related entries on printing, customs, certifications, and supply-chain operations.