Case Study

Global internal
metal provenance
tracking initiative

Background

A global leader in speciality chemicals and sustainable technologies aims to enhance supply chain transparency by improving tracking of primary and secondary metals. This initiative not only enables premium offerings but also bolsters the company’s ESG goals and ensures compliance with industry standards.

HIGHLIGHTS & BENEFITS

Innovative ESG Product Offerings

  • Leverage unique position to offer environmentally conscious products.

Advanced Digital Tracking

  • Pioneering the use of technology for tracking internal circulatory metals

Revenue Growth

  • Enhanced product offerings driving increased profits

Green Compliance

  • Alignment with green energy initiatives like IPA, LBMA

CHALLENGES

Tech Solution

  • Develop an internal solution for identifying metal throughout the refining process.

Product Design & Marketing

  • Create and market new products that support premium transactions

SOLUTION

RFID Tags and Barcodes

  • Utilize technology to identify, weigh, and record recycled metal, and tag finished products for unique identification and tracking

Data Integration

  • Implement a system offering primary or secondary metal options in each transaction, feeding into an ESG dashboard

Supplier Collaboration

  • Provide flexibility in types of metal purchase and negotiate premiums for secondary metal

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