The beverages industry heavily relies on the reuse of glass bottles for production of the final goods. The complex supply chain systems involved in the process of empty bottle collection offer little visibility into the day-to-day process. This leads to issues which can have a direct effect on the long-term profit earnings and overall longevity of the business.
One of the key aspects that AB InBev was looking to improve the rate of collection of empty bottles, which was below the optimal target i.e., less than 40%.
KEY CHALLENGES
Visibility of reused bottle collection in the reverse supply chain.
Lack of Real time Inventory data reused bottles
THE SOLUTION
Our cutting-edge application, ReCollect, built leveraging blockchain technology to track the movement of empty bottles in the reverse supply chain system. This solution helped AB InBev to enhance visibility in the empty bottle collection of the reverse supply chain. Further, this solution improves the operational efficiency of the reverse supply chain, which drastically reduces the purchase of new bottles.
1. Real time location wise inventory.
2. Analytics Reporting.
BENEFITS
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Using our application AB InBev was able to improve their visibility of their suppliers who are involved in the empty bottle procurement.
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With our advanced analytic reporting tool AB InBev was able to improve operational efficiency by 15%.
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Our real time data insights related to shipments and Inventory helped both AB InBev and Suppliers reduce their lead times and save costs.
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ReCollect enables quick decision making, leveraging blockchain and allows storage of data in a secured and encrypted format accessible only to authorized stakeholders.
