In today’s environmentally-conscious society, more and more companies are looking for ways to make their entire supply chain more eco-friendly. For consumer electronics manufacturers, this can mean using a higher percentage of recycled materials in production, as well as reducing emissions and waste in the forward supply chain.
This is only one part of the overall picture, though. More often than not, the reverse supply chain is where these companies can truly make an impact. Reverse logistics benefits the environment in many ways—read on to learn more.
Profit From a Renewable Resource
First of all it is important to understand that reverse logistics is the re-manufacturing, refurbishing and recycling of consumer electronics and their respective parts. Just taking that simple definition into consideration, it’s evident that reverse logistics can have a positive impact on the environment insofar that it is an inherently “green” practice. What is not as evident is that the process begins with the choice of materials, processes and other resources that are used in manufacturing.
Take into consideration the creation of a smartphone, one of the most popular consumer electronics these days. The manufacturing process requires plastics for the housing as well as other components such as precious metals and certain chemicals for the electronic elements. When more re-usable or recyclable materials are used, the potential for the phone to be re-introduced into the supply chain in a different form is much higher. Reducing the amount of hazardous materials in components such as batteries is another way that manufacturers can assure a product’s impact on the environment is reduced from beginning to end.
Green Business Is Just Smart Business
At the end of a smartphone’s, or any consumer electronic’s, life cycle, consumers must have viable options for disposal. In most cases, this means trading it in for a newer model and receiving a discount or other incentive. But sometimes the electronic device may not be able to be traded in, and the consumer is left to figure out what to do with it. Unfortunately, some of these valuable items end up being tossed into the trash to be carted off to a landfill, which, of course, does nothing for the environment.
Small businesses are in an excellent position to capitalize on this end of the supply chain by accepting unwanted electronics and sorting them for recycling, re-manufacturing or resale. By partnering with a third-party reverse logistics provider such as Sourcely, they can realize profits even if they are not the original manufacturer. It’s a win-win situation for consumers and the business–and the global environment too.
Partner With Sourcely Today
To find out more about how Sourcely helps small businesses cash in on unwanted electronics or how reverse logistics benefits the environment, contact us. Our friendly, professional staff will be more than happy to explain the process and help you get started.