Daniel guide, who is a well known professor of supply chain management at penn state&rsquos smeal college of business, says that, in the sustainable manufacturing, reuse of trash materials is the most important and yet most ignored aspect. This sentence makes a lot of sense as the trash can be used as manufacturing materials. However, due to the limitations associated with the repurposing of trash and customers&rsquo blunt approach to the products made up of recycled materials, until now, was compelling the supply chains to unload their trash in the landfill. However, today, giant supply chains like 711, wegman&39s grocery stores have come across an effective way.
Along with trimming down their remaining, it is also proving beneficial to save the expenses. It was four years back when a company called rubicon global was emerged in the atlanta. This company created a virtual trading floor for the reprocessing jobs. Today, rubicon global has many big names associated with it and have become a mutually beneficial marketplace for companies and local vendors. This virtual platform works on a very basic idea. It connects the companies, which are in need of recycling their waste, with companies, who can perform this job, efficiently. It is a mutually winwin situation for both parties as it gives an opportunity to local venders to work with the national giants.
On the other hand, it is equally beneficial for the giant companies as they get an advantage of low prices from the local vendors. Initially, the waste management services were dominated by the waste management and republic services. However, with rubicon&rsquos platform, even a small vendor is empowered to bid for the local jobs of national chains. Though, the service of rubicon global seems similar to ebay, in reality, it highly differs. When the assignment is published on the virtual trade place of rubicon global, local vendors starts bidding their minimum prices for that assignment. This bidding process continues until rubicon selects appropriate vendor for that assignment. This selection is based upon the pricing policy and offered services.
There is a basic difference between ebay and rubicon. Ebay is all about claiming highest price than others. On rubicon&rsquos platform, vendors try to bid the lowest price than other bidders. As there is a price war in the vendors to claim the assignment, companies get their jobs done in reasonable rates. Bob wickham is a principal equity investor in rubicon global. According to him, west hauling is a process, which has to be done locally. When haulers and companies are interconnected by a platform, there is a lot of scope for competition and efficiency. A competition automatically leads to price war and reduces the expenses for waste hauling. He further adds that, interconnectivity opens a door of many would be ignored opportunities.
Due to rubicon global, waste hauling, which used to be a hectic job for many companies, is like a cake bite for many of them now. Rubicon global publishes the haulers routes and schedules, which helps to get the job done easily and conveniently. On the top of that, many supply chains have discovered new uses of their trash, instead of just filling up trash grounds. If the nate morris, cofounder and ceo of rubicon global, is to be believed, rubicon&rsquos clients are saving up to 20 to 30 on their waste hauling.
He says that, instead of putting garbage in the landfill, rubicon believes on innovative and sustainable output of garbage. Innovative ideas include making ethanol out of unused pizza dough and the use of wegman&rsquos uniforms as filler in the pet beds. For these services, rubicon takes a part of the savings made by the supply chains. https://www.greenbiz.com/blog/2012/09/20/rubicon-cuts-corporate-costs-w…
