Plunkett's waste (waste management theory)

Plunkett's waste, formulated by economist Joseph Plunkett, refers to the idea that all forms of waste—whether material, energy, or manpower—should be minimized to enhance efficiency and sustainability. This theory emphasizes that effective waste management involves reducing waste generation at the source, recycling materials, and reusing resources whenever possible. By viewing waste as a resource rather than a byproduct, businesses and communities can improve operational efficiencies, reduce costs, and lower environmental impact. Ultimately, Plunkett's waste encourages a holistic approach to resource management, promoting a circular economy where materials are continuously cycled back into use.