In our most recent blog post, “Why a Sustainable Supply Chain makes Good Business and Environmental Sense,” we outlined the environmental and business benefits of an optimised supply chain. Making your supply chain more circular — and by extension, more sustainable — can result in a reduced impact on the environment, diminished costs, and improved customer satisfaction. The Boston Consulting Group — a corporate strategy firm — found that companies who improved their environmental performance “could not only improve the planet’s prospects but also significantly improve their business results” by adopting a circular economy model.
Component Sense Blog
Planet and Profit
In this time of extensive climate change, many companies and governments are keen to demonstrate their commitment to sustainability. From cycle-to-work schemes and recycling initiatives to renewable energy legislation and plant-based diets, individuals and corporations are taking steps to lower their carbon footprint. It is important to note that, however well-meaning, these measures are minimal when compared to the major culprits of environmental destruction: mass production and global consumption.
At Component Sense, we are committed to innovation. This drive to continuously improve our business processes led us to create our unique InPlant™ system. We designed InPlant™ to help Original Equipment Manufacturers (OEM) and Electronics Manufacturing Services (EMS) customers manage their excess and obsolete stock (E&O). We know that excess inventory is a constantly depreciating asset: unfortunately, millions of tonnes of electronic components end up in global landfills each year. Component Sense decided to create InPlant™. InPlant™ is a system that relieves our largest customers of the environmentally damaging and often overlooked burden of excess stock management.