This week, DLL released its third whitepaper, “Sustainable returns by recovering used assets”. The whitepaper looks at the potential opportunities and barriers to the successful recovery and utilisation of used assets by manufacturers. It offers a model, which manufacturers can follow to successfully retrieve value from their products.
In particular, DLL identified financing as a critical enabler for the reuse, refurbishment and remanufacturing markets. In that area, the Dutch financial services company continues to be a global leader and today, second and third life finance makes up 2-3% of its portfolio.
The whitepaper puts forward four main motivations for businesses and manufacturers to recover used assets:
Economical – Increased revenues and profits from products.
Environmental – Fewer raw materials extracted and response to legislation.
Customer – Potential for increased customer service and retention.
Information – Gather more detailed information and data on product performance and opportunities for better design.
It also presents a “checklist” for an effective process for manufacturers to follow when recovering used assets.
There are a number of existing cases where businesses are effectively recovering materials, components and products for economic benefit. DLL’s whitepaper presents clarity around what the process involves and how manufacturers globally might approach the development of their own closed loop supply chains.
Source: Sustainable Returns By Recovering Used Assets
Lead image licensed under CC – credit Flickr user: Frans de Wit
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