New Education Series: Solving for digitization in manufacturing

Rheaply launches new Manufacturing Education Series, starting in June

In the pursuit of global circularity, the concept of digitization has emerged as a powerful solution particularly in the realm of asset management and reuse.

Whether it’s resources already in use, those lying dormant in storage, or newly purchased equipment, digitization opens up a world of possibilities and opportunities. But make no mistake: the digitization journey must begin further upstream – at the manufacturing level – to avoid the typical scenario that plays out today: resources (oftentimes too many) leave the manufacturing floor, losing visibility after first use, making the return pipeline messy.

This alternative, as we all know, isn’t cutting it. 
The world’s “circularity gap” has risen by 21 percent since 2018, down to a 7.2 percent from just under 10% six years ago, meaning more than 93% of the products we make are destined for the landfill.  The full potential of reuse at scale remains largely untapped for manufacturers due to several barriers. Chief among them is the challenge of planning ahead, hindered by the lack of visibility into available assets across manufacturing sites but especially once a product is sold. Without digitization, assets remain hidden, impeding effective planning for their reuse. 

For manufacturers, the ability to digitize assets offers immense benefits and revenue potential through reuse and remanufacturing. It not only streamlines operations by providing a digital footprint of assets but also facilitates planning for reuse. Manufacturers, too, can capitalize on digitization by incorporating it into their sales processes, ensuring that assets are primed for reuse and take back from the moment they leave the production line. This open the door for  massive secondary markets, as outlined below.

Sign up for an upcoming Education Series

For manufacturers, the ability to digitize assets offers immense benefits and revenue potential through reuse and remanufacturing. It not only streamlines operations by providing a digital footprint of assets but also facilitates planning for reuse. Manufacturers, too, can capitalize on digitization by incorporating it into their sales processes, ensuring that assets are primed for reuse and take back from the moment they leave the production line. This open the door for  massive secondary markets.

To expand on the discussion of circularity in manufacturing, Rheaply’s product team will be hosting four-part education series starting in June to guide you through a 1-hr roadmap, with the goal of creating the beginning of a comprehensive four-phased consulting program develop to extend the timeline of product utility and enable cradle to cradle product lifecycles. 
 
Follow the registration links for each of the upcoming education series:
 

1. MedTech Manufacturing Education Series

Join key industry stakeholders in implementing and championing circularity innovation in healthcare. Discover exciting advancements like digital twins and digital product passports, and engage in discussions on raising awareness about circularity challenges and opportunities. Explore topics such as data-driven decision making, re-commerce programs for items prone to waste (like surgical instrumentation), and product-as-a-service models.  

2. Industrial Automation Education Series

Manufacturers can unlock revenue growth independent of new production or new materials through digitation. Learn how industrial automation manufacturers are embracing digitization to reduce costs, enhance supply chain efficiency, and handle aged components. Explore topics such as creating digital records and activating new end-markets for non stock inventory, and implementing Digital Product Passports for industrial automation equipment.

 

3. Furniture Manufacturing Education Series

 Explore ways to automate furniture lifecycle decisions, optimizing for design, investment recovery, environmental and community impact, and logistics. Learn how to utilize AI for creating digital records of furniture, building catalogs of reusable furniture, and reviewing critical furniture details.

 

4. IT Hardware/Electronics Manufacturing Education Series

Explore topics like AI-enabled digital record creation, activating new end-markets, and implementing DPPs. Don’t miss this chance to connect with stakeholders driving circular strategies in electronics and seize the opportunities for sustainable innovation.

 

 

Contents

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Resources we think you’ll love:

Introducing the Washington DC Reuse Marketplace

3 ways to make the Washington, DC Reuse Marketplace work for your business

Everything is reusable

Embracing Nothing New: A sustainability commitment with Rheaply

Introducing the Rheaply Seattle Reuse Marketplace

Introducing the Seattle Reuse Marketplace