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 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.
