Subscribe to our free, weekly email newsletter!


RPA: Four steps to managing and tracking reusable assets

If you're not tracking and managing your reusable assets, someone else is likely benefitting from your investment.
By Reuseable Packaging Association
reusables.org
June 06, 2012

At any given time, a manufacturer can likely tell you the quantity of bulk items available for processing, and a distributor can tell you the number of trucks it has on the road and the number in for repairs. However not every company can tell you how many reusable assets, including pallets and containers, they have out at retail stores, in the warehouse or waiting for repairs.

These reusables are recorded on a company’s books as assets, yet often they are not tracked and managed the same as other assets because historically packaging is often treated as an expendable commodity.

If you’re not tracking and managing your reusable assets, someone else is likely benefitting from your investment. There is a strong secondary market for reusable containers, with resellers and regrinders capitalizing on companies that do not properly monitor their reusable assets.

Implementing an effective system to track and manage your assets requires four steps:

·      Understand the issues
·      Understand the available asset management systems
·      Develop the processes & KPIs necessary to create actionable and enforceable data
·      Obtain stakeholder alignment, educate the supply chain and implement a discipline to ensure compliance

Since 1999, the RPA (for­merly the RPCC) has been a col­lab­o­ra­tion between sup­ply chain part­ners to pro­mote the envi­ron­men­tal, safety, and eco­nomic ben­e­fits of reusable pack­ag­ing. It is a trade asso­ci­a­tion of lead­ing man­u­fac­tur­ers, pool­ers, dis­trib­u­tors, retail­ers, edu­ca­tors, and oth­ers with a com­mit­ment to reusable pack­ag­ing sys­tems and the mes­sage of re-use.

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

American Logistics Aid Network mobilizes logistics partners to deliver supplies to difficult-to-reach areas.

In a fundamentally changed world, your approach to strategy, and your supply chain, must also change. Andrew Winston, author of The Big Pivot, discusses how business can profit from this fundamental change.

Voice-enabled work is one element in a broad management strategy to improve order accuracy, increase productivity, and reduce labor costs in the supply chain. This complimentary white paper is designed to help you speak the ROI language, and provides a calculation formula to present the performance and financial payback from a variety of voice-enabled applications.

Conveyor manufacturers revise growth estimate up from 2% to 5%.

Experienced executive joins provider of automated storage and retrieval systems.



© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA