About Colt Technology Services
Headquartered in London, Colt is a global digital infrastructure company that delivers extraordinary connections. Delivering industry-leading customer experience, Colt is guided by its dedication to customer innovation, by its values and its responsibility to its customers, partners, people and planet.
The challenge
Colt turned to Circularity First to help them with two key challenges:
- Sustainability. One of Colt’s key differentiators is that they are aiming to raise the bar on tech and sustainability. With this in mind, IT procurement had to align its procurement practices and sustainability targets.
- Speed. The procurement of IT equipment quickly. This needs to happen without increasing costs so they can remain competitive in the market.
What we did
Circularity First worked with Colt, advising them on how a circular approach to IT could be utilised to make their IT supply chain slicker and more cost effective. This included:
- A process for forecasting future demand and enabling accurate pre-staging of the equipment needed.
- A just-in-time supply chain that seamlessly blends Refresh, Cisco’s certified remanufactured IT, with new equipment. Sourced through Cistor, part of the Circularity First Group, this allows for shorter lead times and greater resilience, without compromising on value.
- The take-back and remanufacturing of existing equipment from Colt to extend its working life.
The results
The implementation of these solutions has resulted in several benefits for Colt. It helped them create the most sustainable IT supply chain in Europe and reduced their lead time for new equipment from ten days to one. All of this while maintaining annual savings of $1 million.
- Over $1m a year saved in IT costs through Cisco certified remanufactured IT
- 90% reduction in lead time, by creating the most sustainable IT supply chain in Europe
- 1,012 tCO2e saved, alongside a 70% reduction in raw minerals
