Global Reverse Supply Chain Company Supports a Circular Economy
Companies around the world are adopting sustainability initiatives to reduce their carbon footprint, shifting from a linear economy to a circular economy where resources, including components and materials, have extended lifecycles and can be re-used, re-manufactured, refurbished and recycled.
Many of these companies have turned to Re-Teck USA to support the transition to a circular economy and consider the entire lifecycle of a product in order to minimize waste.
Rethinking the way products are designed, manufactured, and re-used is important for extracting the most from devices and keeping valuable resources from landfills. Re-Teck provides the Reverse Supply Chain Management (RCSM) technology leadership and engineering expertise that enables companies to shift to a circular economic model.
“With technology, lifecycle has become a plural world,” notes Linda Li, Chief Strategy Officer of Re-Teck. “There’s the initial lifecycle of a product, then there is the repurposed lifecycle once it has been recycled. We’re not a recycle or shredding company. We’re engineers with OEM and EMS backgrounds that can de-manufacture devices and repurpose most of the parts and components, as well as enabling closed-loop recovery of raw materials. A circular economy allows you to be in control of your products lifecycles and in control of your resources, ultimately putting you in charge of your own carbon footprint.”
Re-Teck’s engineering teams consider the new product design, the secondary and alternative application of parts and components, as well as the strategic value of materials such as rare earth elements, and extracts the usable elements for closed-loop reuse within the original forward supply chain, or repurpose these assets with its global partners of exchange. It’s end-to-end RSCM platform, currently deployed by Global 500 brands such as Microsoft, NEC, Amazon and Motorola, provides a simple solution to a complex issue by eliminating the logistical, compliance, and technological issues of technology take-back initiatives.
Re-Teck is the North American subsidiary of Li Tong Group (LTG), a provider of Reverse Supply Chain Management (RSCM) solutions for OEMs, enterprises, governments, and consumers. LTG has developed a global network of 21 wholly owned facilities across North America, APAC, EU and MEA, which currently serves more than 100 customers and employs more than 1,200 people worldwide.