Component Sense Blog

Tag: InPlant

Planet and Profit: InPlant™ and Circularity

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. A vital element of an...

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

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. One area of production which can be made more sustainable is the global supply chain. According to CDP Worldwide, a charity that promotes corporate environmental disclosure, the impact of end-to-end supply...

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

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. We know that...

EMS Finance Directors: How to turn your E&O stock back into cash with our tailored In-Plant solution

EMS Finance Directors:  How to turn your E&O stock back into cash with our tailored In-Plant solution
Is your senior management team committed to driving down excess and obsolete inventory levels? Read on to find out how we can help as Kenny McGee, CEO of Component Sense, highlights how to turn your E&O stock back into cash. Management awareness of the impacts of excess or obsolete (E&O) inventory is vital. Recently the US Supply Chain Resource Cooperative identified a number of characteristics associated with a properly developed excess and obsolete (E&O) inventory strategy published on 20 April 2018 in EPS News. The most obvious of which is.... E&O should be viewed as pure cash. Source: Excess &...

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