Here you can read about the potential outcome of the challenge and what you can achieve together with the challenge provdier after the challenge
Goals & Outcome
Wacker Neuson's challenge seeks innovative, yet practical solutions aimed at mid-term implementation. While submissions at advanced maturity level/ scalable prototypes are preferred, we are also open to concept-based innovations that can evolve into mutually beneficial outcomes.
Your ideas should demonstrate potential for a profitable business case, benefiting both your venture and Wacker Neuson, underpinned by solid cost-benefit reasoning.
Incentives
Wacker Neuson is open to offering minority and majority stakes based on challenge outcomes, following an initial cooperation phase. The primary objective of the challenge is to foster collaboration and establish strategic partnerships.
Furthermore, your solution should take into account the following aspects:
Circularity Concept
The main focus of the challenge is to design a circularity concept that enhances the lifecycle of reusable machine parts and batteries. This promotes longer machine lifespans while simultaneously pursuing the goal of Zero Emission.
Customer Centricity
Address potential customer concerns regarding the user-friendliness of return and recycling systems, as well as concerns about the functionality of used machines and recycled batteries. Develop a customer-centric solution that not only promotes sustainability but is also compelling and user-friendly, dispelling doubts and ensuring active customer participation.
Organizational Integration
Design a concept with a clear vision of mid-term integration into the company's structures. Your proposal should demonstrate how the circular model becomes an integral part of the organization, ensuring its scalability and seamless integration into existing processes.
Quality Management and Legal Obligations
Consider that recycling, reuse, and return systems are subject to strict expectations regarding product quality and legal regulations. Develop a robust quality management system that aligns with legal obligations to ensure smooth and compliant operations throughout the circular process.
