Don’t scrap that, I’m using it!
This week, Ford announced its new closed-loop recycling system, which has been introduced into three of its factories. The system focuses on collecting scrap metal, shredding it into small pieces and sorting the various grades of aluminum into four separate semi-trucks. The outcome is then delivered to a reprocessing plant. It is helping the company to recycle an additional 5 million pounds of aluminum per week, increasing its total recycling count by 23%. The amount of repurposed aluminum is reportedly enough to build 37,000 F-series truck bodies a month, totaling a cost-saving of $11.1 million each month.
The closed-loop system of reusing scrap metal is one of the most waste and cost-efficient ways of organizing supply chains. The company is utilizing its waste to drive long-term efficiency and boost its bottom line, furthermore, aiding its task in meeting sustainability and greenhouse gas emissions reduction targets. It is yet another company to embrace recycling in order to create clean, sustainable manufacturing.
More information on Ford’s system can be found here.
Just ordered the wine, darling!
LVMH, a French luxury conglomerate, has revealed its plans to launch a new e-commerce platform for its Moët Hennessy wine and spirits brands. It will offer a 24-hour delivery service of its luxury wine and spirits such as Krug, Hennessy and Belvedere. The platform, named Clos19, will also offer editorial pieces to support its products and sell “experiences” to the customer. This involves tastings and intimate dinner parties, starting at a price of £180 ($230).
The e-commerce platform will be launched this week in the UK, expanding its services to Germany in the summer. Strategists have seen a rising trend of customers shifting their spending habits from traditional gifts to experiences. The use of the platform provides LVMH with a new way to engage its customers with the brand and offer these experiences. The conglomerate understands the necessity to expand into the digital sector as a way to address the new age of customer ordering.
Read more on the platform here.
Waste has the power!
Divert is a company transforming wasted food into energy with its ‘anaerobic digester’. The energy is then being used to power the Stop & Shops grocery chain’s distribution center in Massachusetts. The digester acts as a human stomach to break down the wasted products in order to release methane and later create compost. Methane is used to power around 40% of the chain’s 1 million square foot distribution center. Divert has also revealed that it receives around 70 to 80 tons of food each day.
It has been reported that wasted or expired food is the largest product seen in landfills and incinerators. Therefore, billions of dollars in food are going to waste each year. Divert is addressing this problem by utilizing reverse logistics to create an additional revenue stream and optimize operations through using products, which would have been thrown away. Furthermore, it decreases the Stop & Shop’s energy costs needed to run its distribution center. Through transforming waste to compost, the company can reduce its emissions and help contribute to other aspects of the supply chain such as farming. Thus, creating a fully circular supply chain.
Find out more information here.
Have a great weekend!
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