6 Jul 2017
Electronics, they are in our home, in our car, on our person and generally surround our lives. Whilst electronics manufacturers typically, as either buyer or consumer, busy ourselves with the sourcing aspect, we tend to neglect the end stages of the production life-cycle; repair, refurbishment, and recycling.
As the world becomes the Internet of Things, and manufacturing becomes the Internet of Manufacturing, we may be smartly connected, but as a result, electronic waste, or e-waste, is steadily rising. In fact, the soaring international demand for electric and electronic products is currently fueling a global increase in this waste, set to reach 65.4 million tons annually by 2017.
CCL offers a consultative service to help educate its OEM and EMS partners to consolidate their excess inventory for resale or recycling.
Lauren Costello-Fox, Marketing Manager at CCL explains;
“In our day-to-day lives, we are conditioned to recycle. We place our garden waste into the appropriate bin and do the same with our plastics, cardboard, aluminium and other general waste. However, we at CCL have noticed that not all electronics manufacturers are aware of the options open to them when it comes to their excess component inventory. CCL educates our customers to enable them to either sell or recycle their excess electronic components. With 20 years of experience, we hold a wealth of knowledge relating to electronics component market value.”
We live in a fast-paced world, and due to rapid innovation, technology is advancing at an unprecedented rate. As a result, many electronic devices are becoming “waste” after only a few years of consumption. Cannibalisation and convergence in the market have seen a shift in electronics manufacturing, for example, VCRs have been replaced by DVD players, and DVD players have been replaced by Blu-ray players. The smartphone has now become your camera, satellite navigation system, and in some cases your mobile office! This merging of technologies has created a significant increase in e-waste for electronic equipment manufacturers.
Another contributing factor is the shortening lifecycle of consumer electronics. Manufacturers are facing the continuous challenge of accurately forecasting demand as the production lifecycle changes to meet the needs of the product’s next generation, or competitor’s market entry. In many instances, this leaves the manufacturer with excess component inventory as they move onto their next generation, at a pace determined by speed-to-market and time-to-profit.
In these volatile scenarios; new product introductions, production demand fluctuations, product specification alterations and/or economic issues, CCL educates its OEM and EMS partners to consult with them to bridge a solution.
With options for an experienced quick transaction turnaround or a professionally managed partnership, CCL’s experienced team offers tailored and confidential solutions to proactively market your component stock and ensure the best return.
Let’s eradicate the problem of e-waste, together.