A digital trading platform from Berlin start-up recyfy offers a marketplace for the efficient and secure trading of waste paper. A new component now integrates the marketplace into existing IT systems.
Whether you are a young start-up or an established player, the platform economy harbours great opportunities in the B2B market. Companies can benefit from digital commerce along the entire value chain - including in waste management. The online marketplace recyfy offers simple, secure processes and straightforward documentation for trading in waste paper. With the Add-on module recyfy Connect trading via the marketplace is now even more efficient: The connection to ERP systems ensures competitive advantages in waste disposal management and noticeably reduces effort and costs for retailers.
Europe-wide digital trade in waste paper on one marketplace
The marketplace offers users efficient and secure trading of waste paper. Over 180 registered companies are already making use of this offer today. They trade with more than 32,000 tonnes of waste paper every month, divided into 24 varieties. There are no admission fees or monthly fees for using the platform, only a brokerage fee for each transaction, which, like the graduated prices, is dependent on quantities and varieties.
Paper mills, waste disposal companies and retailers are already gathering on the marketplace for digital trading. Now the Berlin-based company also invite printing companies, retailers and the packaging industry, to market waste paper at better conditions and faster. Other European countries are also on the agenda in the coming months in order to allow international flows to pass through the marketplace.
Recyfy digitises post-trade processes
The recyfy Marketplace already digitalises all processes along the value chain. The start-up has now added an additional component to its offering: as an interface to Enterprise Resource Planning recyfy Connect integrates the marketplace into existing IT systems. Whether manufacturers, processors, retailers or recyclers - the upstream and downstream processes of waste management can be automated and digitally mapped by all participants along the value chain.
„Paper and packaging manufacturers consider the life cycle of their products from design to recycling. The view of waste paper dealers and recyclers is exactly the opposite: for this part of our users, value creation begins with waste and ends when new products are created from it. With recyfy Connect, we combine both ways of thinking to create a real cycle.“ René Drescher, SEO recyfy
By automating manual processes, it gives recyfy Connect even more efficiency for the waste paper trade. Manual processes and data exchange across systems are simply taken over: Time wasters become an integrated digital process that takes place automatically and is confirmed with just a few clicks. The result is most noticeable in practice in the form of saved time and costs. Switching from paperwork to digital documentation also increases compliance.
Digitalisation of the entire waste management process
The young company has already announced further steps for 2021: New applications are to be the end-to-end digitalisation of the entire material flow make this possible. „This will then also include upstream and downstream processes, for example,“ says Drescher. All processes can be organised centrally and automatically, from demand planning and reporting, data matching and scheduling to order processing, logistics, tracking and incoming goods inspection through to the management of complaints, procurement and sales. Users of recyfy Connect thus benefit from cross-system advantages. „The tool optimises conditions for both sides - paper mills and packaging manufacturers as well as disposal companies,“ says Drescher, explaining the vision. Quantities and deadlines can be organised in a future module between the paper mill and the packaging plant is handled completely digitally become.
Source: recyfy
