ENHANCE VISIBILITY, REDUCE WASTE, PROMOTE CIRCULARITY: THE GOOD REASONS FOR SWITCHNG TO RETURNABLE ASSET LOGISTICS

Antares Vision Group will present its innovative solution at Cosmetic 360: the platform is based both on cosmetics industry needs and scientific evidence

Travagliato (Brescia), July 2024 – A cloud platform for logistics management, developed to enhance visibility, reduce waste, and promote circularity: this is the innovative solution that Antares Vision Group will present at Cosmetic 360 (Paris, 16-17 October 2024), the global showcase of innovation for the fragrance and cosmetics industry.

Considering the growing trend of returnable assets management in global supply chains, Antares Vision Group has developed a technological solution that addresses the specific needs of cosmetics business. This solution is based on an in-depth analysis of recent scientific publications and patents related to sustainable and circular practices, advancements in environmental regulations, and societal shifts towards ESG standards and zero-waste initiatives in the cosmetics industry.

The Returnable Asset Management Platform is a smart, cloud-based solution designed to enhance logistics by ensuring visibility, reducing waste, and promoting sustainability. This platform enables cosmetics companies to fully track their returnable assets, such as pallets, cartons, and primary packaging, thereby reducing operating costs and improving ESG scores. The Antares Vision Group’s solution leverages unique digital identities, RFID, and vision technology to guarantee full traceability by integrating data collection devices with ERP systems, providing a single source of truth on asset status. Thanks to an advanced analytics system, companies have the chance to minimize losses and optimize performance, making their supply chains more efficient and sustainable.

The Antares Vision Group solution already offers functionalities to address challenges in the cosmetics and the goal is to create an ecosystem where data adds significant value to processes. For example, the Group’s projects enable the connection and monitoring of the environmental impact of production processes (Life Cycle Assessment – LCA). This approach not only certifies the impact but also supports the reduction of water and carbon footprints in the production processes, creating immediate feedback on the effect of process change on environmental impact.

Other areas where traceability becomes a significant advantage with Antares Vision products include:

• Monitoring raw materials through integrations (with ERP or logistics management software) or manual entries (configurable forms) to ensure product safety and compliance with guidelines.
• Supporting brand protection through customs connections, scan analysis, and assistance with investigative activities.
• Managing the end-of-life of products with disposal instructions and support for the circular economy.
• Providing information on product life and usage through a direct channel with the customer.

These are just a few of the needs that the Antares Vision Group software can address.

Product life cycle assessment ultimately enables companies to enhance their environmental performance, as well as a positive brand reputation, and represent a distinctive advantage to attract consumers and investors.