Returnable Assets Management
Elevate your beauty distribution with our advanced Returnable Assets Management Platform. Enhance sustainability, cut costs, and ensure full traceability for a smarter, more efficient supply chain.
UNLOCKING ESG SUCCESS IN THE COSMETICS INDUSTRY: THE POWER OF RETURNABLE ASSET SYSTEMS
Returnable Assets Management focuses on efficiently tracking and managing reusable transport items, known as Returnable Transportation Items (RTIs), throughout the supply chain.
RTIs include durable containers, pallets, and other packaging materials designed for multiple uses, making them a key component in sustainable supply chains.
20-30%
of returnable transport items (RTIs) are lost, stolen, misplaced, or damaged every year
$1 billion
is the estimated annual cost to replace stolen or missing reusable shipping containers in the U.S. alone
<15%
of executives feel as though their current capabilities allow them to deliver traceability consistently
Optimizing Sustainability: The Critical Role of Traceability in Returnable Asset Management
Environmental Impact and Sustainability
The shift towards reusable assets, such as recyclable plastic transport items, marks a significant step forward for sustainability.
These supply chain assets can be reused hundreds or even thousands of times, reducing the reliance on single-use packaging and contributing to a more sustainable beauty supply chain.
Challenges Without Traceability
The cosmetics industry embraces returnable transport assets to minimize waste and enhance sustainability. However, without effective tracking software, companies face significant challenges:
- Lost, Stolen, or Misplaced Assets: Lack of visibility leads to asset loss or theft, which increases replacement costs.
- Inefficient Asset Utilization: Companies struggle to monitor the locations and usage of assets, leading to suboptimal performance and higher operational costs.
- Difficulty in Predicting Maintenance Needs: Without accurate tracking, it’s challenging to anticipate when assets require maintenance or replacement, leading to unexpected downtimes.
- Undermined Sustainability Efforts: The inability to effectively reuse assets due to poor tracking hampers sustainability initiatives.
Do you find your business facing these challenges?
Implementing a comprehensive tracking system, using RFID tags, barcodes, and platforms like the Antares Vision Group Asset Track Cloud, is essential.
These technologies provide real-time visibility, enabling companies to optimize asset usage, improve performance, and fully realize the benefits of their sustainable practices.
TOTAL VISIBILITY
OF YOUR ASSETS
THANKS TO THE MOST ADVANCED TRACK & TRACE TECHNOLOGIES
All the best tracking technologies, including unique digital identities, RFID tags, barcodes, and QR codes, are fully integrated with the Antares Vision Group asset track cloud platform.
This allows you to serialize, track, and trace each returnable transport item, so you know where all your assets are 24/7.
With Returnable Asset Management, your assets are returned for continuous use.
What can you do with the Returnable Assets Management solution?
Maximize ROI
with full visibility of your assets throughout the entire supply chain.
Manage the status
of assets to ensure efficiency and reduce bottlenecks.
Maintenance
ensure proper maintenance and inspection of your RTIs.
Reduce operating costs
through reuse of your transport items and fewer replacements
Track RTIs
across the extended supply chain in real time for accurate asset inventories.
OEE
of your facilities easily understandable.
ESG targets
enhance sustainability, be compliant, and meet your ESG targets
Predict demand
for better planning and improved customer service with fewer shipping downtimes.
Maximizing ROI and Minimizing Operating Costs with Supply Chain Visibility
Maximizing the return on investment (ROI) for returnable assets requires complete visibility throughout the supply chain. When companies lack proper asset tracking and management systems, the resulting inefficiencies can lead to significant financial losses.
By implementing a robust Returnable Asset Management Platform, businesses can:
- Reduce Losses: Accurate tracking of returnable transport items (RTIs) helps prevent loss, theft, and damage, significantly reducing the need for costly replacements.
- Enhance Efficiency: Real-time data and insights enable better decision-making, allowing for more efficient use of returnable transport packaging and smoother operations within the supply chain.
- Lower Operating Costs: By maintaining control over reusable assets and minimizing waste, companies can lower their overall operating costs, ensuring a more profitable and sustainable supply chain.
Visibility is key to not only protecting your returnable assets but also optimizing their use, leading to a leaner, greener, and more cost-effective beauty logistics management.
Real-Time Reporting and Analytics with Our Returnable Asset Tracking Software
Our Returnable Asset Management Platform is designed to effectively address the challenges of managing returnable transport items. Tailored specifically for the cosmetics industry, our solution integrates advanced tracking technology with powerful analytics to provide comprehensive visibility across your supply chain.
- Cloud-based solution
- Real-time analytics and reports
- KPI setup
- Comprehensive and customizable dashboard
- App availability
Returnable Asset Tracking
ENHANCED SUSTAINABILITY
Our platform supports your environmental goals by optimizing the use of returnable transport packaging and reusable assets, reducing waste and minimizing the carbon footprint of your supply chain.
COST REDUCTION
By preventing asset loss and mismanagement, you save on replacement costs and improve asset turnaround times, leading to significant cost savings.
IMPROVED OPERATIONAL EFFICIENCY
Real-time tracking and advanced analytics enable more informed decision-making, ensuring smoother and more efficient beauty logistics management.
REGULATORY COMPLIANCE AND ESG IMPROVEMENT
Maintain compliance with industry regulations and boost your ESG scores through enhanced transparency and sustainability practices.
ACHIEVING SUSTAINABILITY AND PROFITABILITY TOGETHER
Our solution not only guarantees efficient management of your returnable transport packaging but also propels your business toward a future where sustainability and profitability go hand in hand.
Ready to transform your supply chain?
Discover how our Returnable Assets Management Platform can streamline your operations and enhance sustainability.
Contact us today to schedule a demo and see our solution in action!