Why Alchemy for Process Manufacturing Enterprise?
For most organisations, materials are returned through the reverse logistics function – whether they are product returns, damaged goods or warehouse returns. In most instances, the reverse logistics model employed is designed to minimise costs, allowing materials to accumulate over time and eventually be disposed of in an environmentally friendly manner or, at the very least, in an environmentally compliant manner. For the Process Manufacturing industry recovering value from returned products can be significantly improved with a timely inspection process designed to identify hidden value before scrapping. Unfortunately for many firms, scrap material already sent for disposal could have become a new revenue stream. In fact, we have also found that materials that were designated as second-grade, could also have generated more revenue if they had been reworked. In addition, with our data module, analysis over time of the most cost effective pathways is developed, providing real insight th
