Component Sense Blog

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Planet and Profit

Planet and Profit: InPlant™ and Circularity

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.

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Planet and Profit: Why a Sustainable Supply Chain makes Good Business and Environmental Sense

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.

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InPlant™ by Component Sense: Making your Business more Efficient, Profitable, and Sustainable

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.

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