{"id":232,"date":"2019-06-17T13:36:24","date_gmt":"2019-06-17T20:36:24","guid":{"rendered":"https:\/\/blogs.plm.automation.siemens.com\/t5\/Teamcenter-Blog\/Best-Foot-Forward-with-Materials-Management-and-Product\/ba-p\/601915"},"modified":"2026-03-26T08:47:20","modified_gmt":"2026-03-26T12:47:20","slug":"best-foot-forward-with-materials-management-and-product-stewardship","status":"publish","type":"post","link":"https:\/\/blogs.sw.siemens.com\/teamcenter\/best-foot-forward-with-materials-management-and-product-stewardship\/","title":{"rendered":"Best Foot Forward with Materials Management and Product Stewardship"},"content":{"rendered":"\n<p>Materials management and product stewardship play a major role in reducing environmental impact and boosting your lead in the market.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blogs.sw.siemens.com\/wp-content\/uploads\/sites\/14\/2019\/09\/materials-management-and-product-stewardship1-1.jpg\" alt=\"materials management \" width=\"297\" height=\"378\" \/><\/figure><\/div>\n\n\n\n<p><span style=\"font-family: inherit\"><span class=\"lia-inline-image-display-wrapper lia-image-align-left\" style=\"width: 253px\"><\/span>According to a recent study by&nbsp;<\/span><a style=\"font-family: inherit;background-color: #ffffff\" rel=\"noopener nofollow noreferrer\" href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/product-stewardship-market-20942814.html\" target=\"_blank\">MARKETSANDMARKETS<\/a><span style=\"font-family: inherit\">,&nbsp;the <strong>product stewardship market<\/strong> 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.<\/span><\/p>\n\n\n\n<p><span style=\"font-family: inherit\">Be sure to catch the <\/span><a style=\"font-family: inherit;background-color: #ffffff\" href=\"https:\/\/www.thinkstep.com\/content\/next-generation-product-stewardship?utm_campaign=2019%20%7C%20thinkstep&amp;utm_content=92325032&amp;utm_medium=social&amp;utm_source=linkedin&amp;hss_channel=lcp-422691\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">Next Generation Product Stewardship webinar<\/a><span style=\"font-family: inherit\">, on June 27th, hosted by <\/span><a style=\"font-family: inherit;background-color: #ffffff\" href=\"https:\/\/www.thinkstep.com\/software\/compliance-software\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">thinkstep<\/a><span style=\"font-family: inherit\"> &#8211; where you will learn h<\/span><span style=\"font-family: inherit\">ow 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.<\/span><\/p>\n\n\n\n<p><span style=\"font-family: inherit\">As mentioned in my previous article <a href=\"https:\/\/community.plm.automation.siemens.com\/t5\/Teamcenter-Blog\/bg-p\/Teamcenter-Blog\/label-name\/sustainability%20and%20environmental%20compliance\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">Product Stewardship With Environmental Compliance Grading,<\/a>&nbsp;environmentally friendly products&nbsp;are winning in global markets and can play a role in boosting&nbsp;companies to industry leaders.&nbsp;If you&nbsp;can prove your&nbsp;&#8220;greenness&#8221;&nbsp;to consumers and industry analysts, you have a good chance of gaining an&nbsp;edge on the rest of the market.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Materials management and product stewardship play a major role in reducing environmental impact, and boosting your lead in the markets.Read on to learn more. <\/p>\n<p>      According to a rec&#8230;<\/p>\n","protected":false},"author":54511,"featured_media":3966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spanish_translation":"","french_translation":"","german_translation":"","italian_translation":"","polish_translation":"","japanese_translation":"","chinese_translation":"","footnotes":""},"categories":[1],"tags":[5],"industry":[],"product":[],"coauthors":[],"class_list":["post-232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sustainability-and-environmental-compliance"],"featured_image_url":"https:\/\/blogs.sw.siemens.com\/wp-content\/uploads\/sites\/14\/2019\/06\/Best-Foot-Forward-1.jpg","_links":{"self":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/users\/54511"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/comments?post=232"}],"version-history":[{"count":5,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/232\/revisions"}],"predecessor-version":[{"id":3968,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/232\/revisions\/3968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/media\/3966"}],"wp:attachment":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/media?parent=232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/categories?post=232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/tags?post=232"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/industry?post=232"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/product?post=232"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/coauthors?post=232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}