Posts Tagged ‘green initiatives’

 

Instituting Green Logistics Initiatives in Your Supply Chain

The environmental space is not interested in whether your company makes money or not. Their main concern is how you are impacting our air, water and natural resources. Hazardous and solid waste disposal and packaging have been identified as the leading issues in green logistics. The industry is pushing for measures that will tighten up regulations in order to ensure that the carbon footprint left on this planet is minimal.

“Greening” is the term used for a wide range of environmental concerns, and is usually thought of in a positive way. It is thought of as something beneficial to the planet and to the people who inhabit it. In terms of “greening”  logistics, the industry has made great strides in the last decade to begin tightening the gap between what can impact the planet and what can still make a business profitable. The answer is reverse logistics.

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Asset Recovery and Its Impact on Carbon Footprint

Environmentally, manufacturers, retailers and service providers who turn to return recovery programs and aftermarket services relieve the demand on our landfill space as well as cut down on toxic emissions. These programs also make a significant reduction in the need to mine our almost depleted mineral supplies.

We must become waste conscious by reducing our disposables through repairing, reusing and recycling materials. The biggest way businesses can help to reduce their carbon footprint on the environment by protecting is to consider an alternative to dumping items that are perceived to have outlived their usefulness.

Over the course of a decade, in the U.S. alone, 500 trillion pounds of resources will have been transformed into nonproductive waste, which leads to the emissions of methane and carbon dioxide into the air, and the leaching of hazardous materials into the soil and waterways. The most effective way to reduce waste is to not create it in the first place. Recycling is the answer.

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Green Supply Chain Strategy:

Add Electronics Repair and Refurbishment to Your Recycling Program


When products are returned, there are many creative ways for companies to maximize value of the returns while expanding their green initiatives. The simplest and most often implemented green supply chain strategy is recycling electronics and products when they have reached the end of their useful lives.Additional opportunities are often not as obvious, but can be very valuable with the assistance of an organization that specializes in returns management and electronics repair. For example:

  • The product no longer functions, however it still has substantial value in the harvesting of valuable, and at times, rare components.  These can be used in the refurbishment of the products or can be sold for maximum value.
  • The product is still fully functional and thus can be repackaged and sold as refurbished goods in a secondary market, thus adding additional revenue to the owners.
  • The product is no longer functional; however it can still be repaired/remanufactured and reused and/or sold in a secondary market, again at a profit to the owners.

Bottom line: Efficient strategies to refurbish, reuse and resell products and raw materials save money and increase profits while still benefiting our environment.

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