Sustainability needs to be embedded throughout the entire lifecycle of the products you design, manufacture, and sell. It is not just about sourcing the right materials and getting them where they need to be as efficiently as possible; it also needs to cover products that have become defective or have reached the end of their usable life. In many cases, the returned products may still have useful life, in which case they can be resold.
US$9 billion worth of materials
are wasted every year.3
Product take-back and recycling make up a large part of the “reverse” supply chain, moving completed products back up the supply chain to be disposed of, or somehow utilized again. The decisions you make in the process can have a huge impact on sustainability, and the profitability of your business.
Those companies that can successfully reuse or repurpose existing materials to cut costs increase their profitability, and significantly reduce the risks associated with disposing of dangerous waste or handling the multitude of devices that increasingly hold sensitive data.
Design products with their entire lifecycle in mind, and design them to ultimately be reused or recycled.
Make customers aware of your product take-back processes, and incentivize returns for value recovery.
Improve product take-back center management and operations, so that problems with products can be identified more expeditiously.
Empower people involved in the internal repair process with the tools they need to salvage more from faulty goods and reduce wastage.
Utilize tools to grant deep insight into product issues to drive future product-design improvements.
See how Oracle has used its own Depot Repair solution to build an efficient and sustainable reverse supply chain—and how you can do the same.
Oracle Depot Repair
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