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Five reasons why recyclers need to think about demand planning

Five reasons why recyclers need to think about demand planning
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It’s an exciting time to be a recycler as more businesses want to use recycled content in their products.

Whether based in North America, Europe or Asia, small to multinational firms are looking to source secondary materials. However, they also expect companies to act as a primary raw material provider, giving them their feedstock when and where they want it.

This agility is increasingly important in the transition to a circular economy, where customers will work closely with recycling processors to the source material of a tighter specification and for a prescribed time window.

That’s where demand planning comes in, enabling companies to meet customer’s requirements.

Essentially, this means that companies organize material supply to achieve optimum inventory levels. Companies supply their ever-growing customer base with recycled paper, plastics, metals and other materials when they need them and plan for when they require it.

These are five reasons why companies need to think about demand planning.

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Source: Recycling Today
Five reasons why recyclers need to think about demand planning
<![CDATA[It’s an exciting time to be a recycler as more businesses want to use recycled content in their products. Whether based in North America, Europe or Asia, small to multinational firms are looking to source secondary materials. However, they also expect companies to act as a primary raw material provider, giving them their feedstock when and where they want it. This agility is increasingly important in the transition to a circular economy, where customers will work closely with recycling processors to the source material of a tighter specification and for a prescribed time window. That’s where demand planning comes in, enabling companies to meet customer’s requirements. Essentially, this means that companies organize material supply to achieve optimum inventory levels. Companies supply their ever-growing customer base with recycled paper, plastics, metals and other materials when they need them and plan for when they require it. These are five reasons why companies need to think about demand planning.]]>

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