SAN FRANCISCO, California June 5th, 2017 – With the United States’ withdrawal from the Paris Agreement on June 1, 2017, US states, cities and businesses have reaffirmed their intent to abide by the principles and targets of the agreement. In doing so, these entities are elevating Reverse Supply Chain Management (RSCM) — the process of managing end of life hardware to extract working components for re-use in other devices — as an important way to extract the very most from technology and keep the most from landfills.
“For every action — mining metals, extruding plastics, making chipsets and batteries — there is an unavoidable, inarguable impact,” stated Linda Li, Chief Strategy Officer, Re-Teck. “Reverse Supply Chain Management minimizes the impact by re-using the component parts and the materials industry has already built, mined, and manufactured. It is a critical next step in the evolution of responsible business and is at a scale and sophistication where it makes no sense not to do it!”
Re-Teck’s end-to-end RSCM platform, currently deployed by Global 500 brands such as Microsoft, NEC, Amazon and Motorola, eliminates the logistical, compliance and technological issues of deploying technology take-back initiatives. Re-Teck’s engineering teams consider the aftermarket value for devices, the primary market value for component parts such as screens, switches, and chips, as well as the recycling value of metals, and extract the usable elements for re-sale to Re-Teck’s global partner exchange. This RSCM process has been pioneered by Re-Teck and its parent company Li Tong Group (LTG) of Hong Kong.
“With RSCM the screen of 7 inch tablet will become the interface of a New York City taxi payment system instead of simply going to landfill,” Li said today. “This is important. It’s going to be foundational to tech and, one day, must be existential to industry.”
For more information on Re-Teck reverse supply chain management services, please visit: www.re-teck.com
About Re-Teck
Re-Teck is the North America subsidiary of Li Tong Group (LTG). LTG is the global market leader in Reverse Supply Chain Management (RSCM) solutions for OEMs, enterprises, government and consumers for the reuse, remanufacture and recovery (3R) of both Post-Industrial Recovery (PIR) and Post-Consumer Recycling (PCR) and hi-tech products and components including mobile devices, smart devices, big-data network and telecom equipment. In the past 15 years, 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. It has an extensive patent portfolio for innovative methods and automated systems of digital processing and reclamation technologies. For more information, visit: http://www.litong.com/
