DLL Whitepaper Focuses on Recovering Value from Used Assets
OCT 12, 2015 - 7:23 am
DLL launched its third whitepaper focusing on recovering value from used assets. This whitepaper is part of DLL’s efforts to further unlock understanding of the circular economy.
DLL identified financing of used, refurbished and remanufactured assets as a key enabler for a circular business model in the beginning of 2013. Since then, DLL invested in pilots, systems and skills in order to further explore and roll out to its full potential. Today, 2% of its portfolio consists of second and third life finance. DLL is committed to increase this percentage towards 20% of its portfolio in 2025.
“Traditionally manufacturers are focused on maximizing the production of new assets. As a result, manufacturers rarely know where their assets end up after the point-of-sale,” said Rob van den Heuvel, SVP of Global Asset Management at DLL. “In the new circular economy, manufacturers control the full technical lifecycle of assets. This whitepaper explains the reasons for taking back and recovering value from used assets from a business point of view and describes the process from recovery until re-use. Furthermore, it describes potential barriers and solutions to mature and scale up take back and value recovering activities. Through these insights we hope to inspire manufacturers to uncover the hidden potential of used assets and explain how leasing can facilitate taking back a predictable and significant flow of used assets. We hope our whitepapers eventually accelerate the transition towards a circular economy.”
The circular economy is a regenerative model inspired by nature. It offers businesses a way to deliver value and profitability in a sustainable way. Products are designed to be recycled, reused or remanufactured at the end of the first life cycle, reducing pressure on the planet’s finite resources. It also calls for greater use of renewable energy, reducing carbon emissions and countering the threat of global warming.
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