Poorly managed reusable assets cost your business through loss, shrinkage, and frequent replacement — whether company-owned, managed by third-parties, or even poolers. Marrad’s turn-key reusables management system tracks and monitors your reusable pallets, totes, and RPCs in real time, reducing shrinkage and optimizing the lifecycle of your assets. Let us help you turn a traditionally cost-heavy process into a profit-driving system.
ROI/ROE:
Our clients have reduced shrinkage by up to 20%, saving millions of dollars annually through improved tracking and reduced asset loss. By maximizing the lifecycle of reusable assets, businesses experience significant returns on investment, with a reduced need for replacements.
Stop losing money on reusable assets.
The Reusables & Returnables Management Process
How Marrad Optimizes Reusables to Reduce Costs and Shrinkage
Step 1: Asset Tracking & Monitoring
Marrad uses real-time tracking to monitor the status and location of your reusable assets, including pallets, totes, and RPCs, ensuring they are in circulation and accounted for at all times.
- How It Helps: Reduce shrinkage by keeping full visibility on your reusable assets.
- Impact: Cut shrinkage by up to 20%, reducing unnecessary asset replacement costs and improving asset utilization.
Step 2: Utilization Optimization
We analyze usage patterns to maximize the utilization of your assets, ensuring they are cycled efficiently between distribution centers, retail stores, and production sites.
- How It Helps: Marrad ensures reusable assets are cycled efficiently, preventing bottlenecks.
- Impact: Extend asset lifespan and increase ROI from your reusable items.
Step 3: Automated Reporting for Compliance & Efficiency
Our automated systems track your assets and generate reports on utilization and shrinkage rates, giving you full transparency into your operations.
- How It Helps: Automated reporting reduces manual tracking and ensures compliance with returnable asset regulations.
- Impact: Save time and money on manual asset tracking.
Step 4: Diversion partner Relationship Management
Marrad handles relationships with diversion partners to ensure your returnables and reusables are processed, tracked, and returned efficiently.
- How It Helps: Reduce the complexity of managing multiple diversion partners for your returnable assets.
- Impact: Streamline operations and improve asset recovery rates.
Single Source of Truth:
Marrad’s agnostic asset management platform is built for automated tracking and reporting, providing real-time monitoring of asset flows across the entire supply chain. This technology ensures that your reusable assets are optimized for continuous use, reducing the risk of shrinkage and loss.
One retailer saved over $9 million annually by improving their reusable asset tracking with Marrad’s platform, which reduced shrinkage and ensured their pallets, totes, and RPCs were fully utilized. Learn More
Ready to optimize your reusable assets?