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Component: SUS-CE
Component Name: Circular Economy
Description: An EPR approach where the EPR fees paid by the producers vary depending on specific aspects of their products. For example, the fees paid for products that can be recycled are lower than fees for products that cannot be recycled. There are different methods of modulation.
Key Concepts: Fee modulation is a feature of the SAP SUS-CE Circular Economy component that allows for the adjustment of fees based on the amount of waste generated. This feature helps to incentivize businesses to reduce their waste output and encourages them to adopt more sustainable practices. How to use it: Fee modulation can be used by businesses to adjust their fees based on the amount of waste they generate. The fee modulation feature allows businesses to set a baseline fee and then adjust the fee based on the amount of waste generated. For example, if a business generates more waste than expected, they can increase their fee to incentivize them to reduce their waste output. Tips & Tricks: When using fee modulation, it is important to consider the impact that adjusting fees will have on your business. It is also important to ensure that the fees are set at a level that will encourage businesses to reduce their waste output without negatively impacting their bottom line. Related Information: The SAP SUS-CE Circular Economy component also includes features such as resource tracking and reporting, which can help businesses track and monitor their resource usage and waste output. This information can then be used to inform decisions about how to reduce waste and improve sustainability.