e-Recycling businesses face a unique set of challenges. TransparentPlanet has put together a list summarizing the many factors that can cause e-recycling businesses to fail.
The potential pitfalls are grouped into sections including: Business Strategy and Practices, Business Systems, Operations, Transportation, Human Resources, Sales and Marketing.
The list was compiled by Lauren Roman, who has over 20 years of leadership and experience helping e-recycling businesses grow.
View the full report: How e-Recycling Businesses Fail
Feel free to contact TransparentPlanet to schedule an introductory conversation to discuss your challenges and how to maximize your success.
We have the tools right now to create electronic products using a circular economy model:
1. Start by validating the supply chain on a blockchain:
a. Reduce/eliminate counterfeits
b. Prevent use of conflict minerals
c. Create sustainable products by protecting societies and the environment throughout the supply chain.
2. Use RFID in the manufacturing process to improve quality and efficiencies and reduce cost.
3. With the fast uptake in use of RFID for enterprise IT asset management (inventory efficiency, loss prevention), outfit enterprise IT equipment with RFID as a differentiator in addition to meeting the growing demand for sustainable IT products.
4. Offer end of life services by teaming with a responsible e-recycler who can maximize recovery by accessing product and materials info from the RFID tag and also have final recovery of all hazardous shipments validated on a blockchain.
YOU HAVE JUST CREATED AND MANAGED A FULLY SUSTAINABLE ELECTRONIC PRODUCT.
Thoughts? Questions? Comments?
Let’s do it! Contact me.
TransparentPlanet e-Recycling Market Research & Business Development
Have a new metals recovery technology? A greener alternative for precious metals? Rare Earths? Other?
Looking for feedstock and relationship building within the North American e-recycling industry?
TransparentPlanet Founder Lauren Roman has over 20 years of experience and relationships with North American e-recyclers and a track record for fast and valuable information on the e-recycling market. Years of work with e-recyclers also places her in a unique position for introductions and relationship building for sourcing scrap materials from the e-recycling industry.
Contact TransparentPlanet and see how we can:
1. Support a winning business plan with valuable market information
2. Show you where materials are located and what the volumes are
3. Help you build a successful go to market strategy
4. Facilitate introductions and relationships with the precise people in the e-recycling industry you need to be talking with.
The ROI on tracking IT assets with RFID has been clearly established. To get an idea, last fall the US Patent and Trademark office completed an RFID deployment involving 115,000 IT assets at a cost of $2.8 million. The projected ROI, measured primarily in time saved locating and inventorying assets, is an astonishing 18 months.
Now, to save even more time and money, the USPTO is requiring that vendors tag IT equipment prior to delivery. What could the next step be? Vendors will begin demanding RFID enabled equipment.
QUESTIONS (Cut and paste for your response post):
1. Are you currently using RFID for ITAM?
2. Are you evaluating RFID for ITAM?
3. If either if the above is ‘yes’, can you envision preferring to purchase IT equipment already equipped with RFID?
Thank you for your input!
In 2008 I changed the name of my consultancy to TransparentPlanet with the intention of developing a platform for tracking the downstream ‘supply chain’, or where scrap and materials go when they leave an electronic recycling facility. At the time it was entirely ‘doable’, but with the cost and complexity there was no market.
Enter 2016 when Blockchain, the database that validates financial transactions for Bitcoin, began to get recognized for its ability to track all kinds of transactions. Wikipedia describes blockchain as being “secure by design and an example of a distributed computing system with high byzantine fault tolerance. This makes blockchains suitable for the recording of events, medical records, and other records management activities, identity management, transaction processing, and documenting provenance’ (a product’s origins).
Open-source blockchains can now be used to economically track materials and products.
Want to learn more? Join in the conversation at Blockchain for Sustainable Supply Chains.
Contract manufacturer Flex (formerly Flextronics) is incorporating RFID into HP printers and laptops made and sold in Brazil. In this case, the greatest return on investment in RFID is in the manufacturing phase where it increases efficiency and reduces waste and loss.
Additional value can be achieved while the products are in use. The tags can connect the product to the internet (Internet of Things) for performance monitoring, diagnostics and even automatic ordering of cartridge refills.
When the products finally arrive at Flex’s recycling division, Sinctronics, the tags instantly verify receipt at the designated location and reveal makes, models and all the material types, saving the recycler time and optimizing material recovery.
RFID: Technology that Keeps on Giving!
Read more in my Op Ed in last week’s e-Scrap News on this and other examples of RFID use in electronics. Send me your comments! LRoman@TransparentPlanetLLC.com