The document discusses the circular economy and its impact on logistics and supply chains. It begins with an overview of global risks like climate change and resource scarcity. It then provides an overview of the linear "take, make, dispose" model of industry and how the circular economy aims to address its flaws by designing out waste and keeping products and materials in use. The circular economy involves new business models like product life extension through repair, reuse, remanufacturing, and more sustainable inputs. This transition will impact supply chains and logistics through closed-loop and open-loop material flows that increase resource recovery and retention of value.