Best Foot Forward with Materials Management and Product Stewardship

By Kerri Doyle

Materials management and product stewardship play a major role in reducing environmental impact and boosting your lead in the market.

materials management

According to a recent study by MARKETSANDMARKETS, the product stewardship market is projected to grow from USD 777 million in 2018 to USD 1,143 million by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% from 2018 to 2023. If you have started, or are considering product stewardship initiatives, now is the time to get a better understanding of the technology available today that will help you with your product stewardship needs.

Be sure to catch the Next Generation Product Stewardship webinar, on June 27th, hosted by thinkstep – where you will learn how you can leverage industry best practices around environmental footprinting and compliance, and hear about proven solutions to help you move through your product stewardship journey with confidence and success.

As mentioned in my previous article Product Stewardship With Environmental Compliance Grading, environmentally friendly products are winning in global markets and can play a role in boosting companies to industry leaders. If you can prove your “greenness” to consumers and industry analysts, you have a good chance of gaining an edge on the rest of the market.

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This article first appeared on the Siemens Digital Industries Software blog at