SUPPLY CHAIN MANAGEMENT
“ We go deeper and endeavour to keep a closed loop on the product cycle . LTG ’ s end-to-end RSCM services include reverse logistics , reclamation and recovery , consumer mail back programs , liquidation and remarketing services , component harvesting and redeployment , return merchandise authorisation ( RMA ) and refurbishing , electronics recycling and recovery , enterprise asset management and data security , re-kitting and redistribution , certified destruction and scrapping services and telecom equipment recovery .” In fact , on average anywhere between 5 and 7 percent of a typical OEM ’ s annual shipment volume becomes obsolete before it is sold or reaches the consumer . In order to design , mass produce then distribute and sell products worldwide , a lot of spare parts are produced in case components are damaged in transit or needed for repairs .
Environmental solutions As major tech giants are releasing models faster and older models become obsolete at a quicker rate , spare parts and inventory associated with that becomes part of the release cycle . Historically when it came to dealing with post-consumer / industrial there were only limited agreeable processes ; liquidation , sell it to less developed markets to recover value or these products would become electronic waste , recycling to recover whatever raw material possible to minimise landfill .
Now , this is an area where LTG can offer an unrivalled service and has subsequently been attracting some major multinational companies .
Li said : “ We can re-program transferable components so they can have a second life in an alternative application . There ’ s a lot of material
‘ What ’ s commonly understood as reverse supply chain is divided into two parts of post-consumer and recycling . How to take back consumer returns , defects and end of life products is a growing market ’
8 September 2015