Returnable Asset Management Solution Overview

This document is a guide on Returnable Asset Management, which focuses on the effective management of returnable transport items (RTIs) to enhance business value and environmental sustainability. It outlines the challenges companies face with RTI losses, which can range from 15-30% annually, leading to significant costs such as shipping delays and replacement expenses. The guide presents a solution that integrates data collection devices with ERP systems to provide total traceability of assets throughout the supply chain. It emphasizes the importance of real-time visibility and analytics in optimizing asset performance and compliance with regulations. The document also details the benefits of implementing this solution, including cost reductions, improved asset utilization, and enhanced maintenance practices. A case study of a large US baking company illustrates the potential financial savings and efficiency gains achievable through effective returnable asset management.