SAN FRANCISCO, California – June 12, 2017 (Investorideas.com Newswire) Manufacturing is returning to the United States. In 2016, leading technology brands collectively announced billions of dollars in investments in US manufacturing, creating hundreds of thousands of jobs and supporting the new concept of reshoring. But manufacturing today is not the same as when it left: Gone are many of the large steel mills, auto plants and computer factories and in their place a greater volume of small batch-manufacturing facilities from large enterprises, SMBs and start-ups providing specialization, customization and higher-end engineering.
What’s starkly different from the previous linear economy epoch of smokestacks, landfills and post-industrial decay is that new manufacturing is lean, agile and supports a circular economy whereby waste is minimized and resources including components and materials are re-used, re-manufactured, refurbished and recycled.
“Globalization is no longer simply one-size-fits-all,” said Linda Li, Chief Strategy Officer at Re-Teck, the leading Reverse Supply Chain Management (RSCM) provider. “Effective globalization requires a global determination to cater to the needs, preferences and regulations affecting customers at a micro-level. This is entirely possible with data-supported insights and the array of customizable software and services and it’s leading to a new, exciting period of localized manufacturing in the United States by world-class brands.”
Li points out that many of these firms focus squarely on innovation as an existential differentiator and typically look to third parties to support their supply chain for innovation and manufacturing, and technical support for product lifetime and Reverse Supply Chain Management for when the product needs to be upgraded and replaced.
“The expertise and will to internally tackle such complex issues simply does not exist within the boardrooms of lean organizations,” Li continued. “Re-Teck’s expertise, global network of RSCM facilities and global customer-base for components essentially liberates circular economy manufacturers from the pain, complexity and regulations of the old world. This means they can locate closer to their customers in the cities and towns of America”
Re-Teck’s end-to-end RSCM platform, currently deployed by Global 500 brands such as Microsoft, NEC, Amazon and Motorola, eliminates the logistical, compliance and technological issues of deploying technology take-back initiatives. Re-Teck’s engineering teams consider the aftermarket value for devices, the primary market value for component parts such as screens, switches, and chips, as well as the recycling value of metals, and extract the usable elements for re-sale to Re-Teck’s global partner exchange. This process has been pioneered by Re-Teck and its parent company Li Tong Group (LTG) of Hong Kong.
For more information on Re-Teck reverse supply chain management services, please visit: www.re-teck.com
About Re-Teck
Re-Teck is the North America subsidiary of Li Tong Group (LTG). LTG is the global market leader in Reverse Supply Chain Management (RSCM) solutions for OEMs, enterprises, government and consumers for the reuse, remanufacture and recovery (3R) of both Post-Industrial Recovery (PIR) and Post-Consumer Recycling (PCR) and hi-tech products and components including mobile devices, smart devices, big-data network and telecom equipment. In the past 15 years, LTG has developed a global network of 21 wholly owned facilities across North America, APAC, EU and MEA, which currently serves more than 100 customers and employs more than 1,200 people worldwide. It has an extensive patent portfolio for innovative methods and automated systems of digital processing and reclamation technologies. For more information, visit: http://www.litong.com/
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