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20M
per year in cost savings
140 Pallets
of Plant and Head End identified
500
in used, fully-depreciated, fixed assets sold
About The Project
Fortune 100 telecommunications company saves approximately $3,000,000 in just three months.
The Problem
A national leader in telecommunications and a member of the Fortune 100 and an ambitious company with a national footprint, possesses the unique opportunity to stand out from its competitors through its use of reverse logistics. The problem was that this company needed an enterprise-level program to provide visibility over assets that had either reached their end-of life or that could be reused somewhere else in their national footprint and thus avoid potentially millions of dollars in additional fixed asset purchases.
The Solution
The Asset Recovery Center (ARC) was an enterprise-wide change management effort that included a scope of roughly 1900 individually operated Plant and Head End (PHE) locations throughout the United States to change the way they disposition equipment that is no longer needed at its original installation location. Instead, they would need to adopt the use of a single distribution center and its forward triage locations, reusing equipment where able, recycling equipment utilizing national recycling contracts, or consign and resell the equipment to third parties to recover costs where available
The Result
Within the first week of operations, Greencastle helped client to identify more than 140 pallets of PHE at eight of the 1900 locations throughout the US. This effort created a successful and self-sustaining model that is not only pioneering and innovative, but offers a continuous, significant, and positive impact on the service delivery to the client and their customers.
