“With Smart EOL, for the first time, recyclers and materials recovery facilities can leverage transaction level pricing, along with cost streamlining opportunities for improved profitability.”
Sunnyvale, CA (PRWEB) August 09, 2016
Today Eco-Catalyst announces Smart EOL™, its Software-as-a-Service offering designed to bring profitable decision-making to recyclers and materials recovery facilities (MRFs). Smart EOL enables the design, tracking and optimization of product end of life (EOL) operations and programs for greatest profitability and sustainability.
“The biggest challenge for recyclers and MRFs is profitability in an environment of contaminated recyclables, commodity volatility and market competition,” said Ramesh Srinivasan, Founder and CEO of Eco-Catalyst Inc. “With Smart EOL, for the first time, recyclers and MRFs can leverage transaction level pricing, along with cost streamlining opportunities for improved profitability.”
Islands of data and lack of ability to manage them make it tough for recycler and MRF decision-makers to determine how to optimize the design and operation of their businesses, and revenue and profit opportunities are often missed. Achieving visibility to revenue and price trends for inbound/outbound materials and material mix trends allows them to make pricing and order fulfillment decisions confidently.
“The lack of reliable information is our worst enemy,” says Michael Gross, of Zanker Recycling. “We operate six different recycling operations on our property, each interacting with the next. Smart EOL gives us the ability to understand how each operation contributes to our overall profitability – or not. This information has had significant impact on our day-to-day decision-making.”
Smart EOL harnesses the power of dynamic market and operational data, economic analysis, and optimization algorithms that enable decision makers to achieve the appropriate trade-offs among quality, cost and risk. It will be available by the end of third quarter 2016, and a 30-day No-Risk Trial will be available in the U.S. and Canada (English language) upon general availability of the product. For more information, call (408) 394-5730.
Eco-Catalyst was founded in 2015 to help organizations working within the circular economy eco-system achieve greater profitability and sustainability. Eco-Catalyst solutions offer recyclers, MRFs and manufacturers decision-support data, analytics and other performance management tools to create financially, environmentally sound programs with greater operational efficiencies. http://www.eco-catalyst.com