During the COVID-19 global pandemic, the City of Chicago, under the direction of Mayor Lori Lightfoot, partnered with Rheaply to bring about a virtual, localized marketplace for PPE (Personal Protective Equipment).
Rheaply and the City of Chicago
Rheaply’s asset exchange and management platform brought together small business, non-profits, and local manufacturers and suppliers to meet the immediate needs for affordable and reliable PPE sourcing. This marketplace allowed the city to progress through reopening Phase II & III, making sure affordable resources could be sourced locally through city-vetted suppliers.
Garry Cooper, Rheaply CEO, discussed the company’s involvement in reopening the city at a press conference on May 22, 2020
This application of Rheaply was an extreme success, with over 2,000 verified local small businesses and non-profits utilizing the PPE Market and over 4,500 transactions between May and August 2020.
During this period, many small businesses reached out to Rheaply and requested the ability to source assets from other small businesses on the platform. This laid the foundation for a Local-to-Local (L2L) marketplace on the Rheaply platform. The feedback received from organizations showed that they wanted to use Rheaply as an external tool for cross-sector collaboration and resource sharing.
To see the full results of the City of Chicago case study, click the button below.
The Chicago PPE Market is a specific application of Rheaply developed for the City of Chicago during the COVID-19 global pandemic. Rheaply is currently in the process of developing a full L2L marketplace that will allow all businesses to trade, buy, sell, and rent across the Rheaply network.