Displaying items by tag: merqbiz
BaleFactsTM report details critical quality criteria about bale shipments and provides quality certification for transparent transactions
A new concept for inspecting and certifying the quality of recovered paper is proving to be a valuable tool for recyclers – giving their customers confidence in product quality and the suppliers themselves accurate data to negotiate true market pricing and successfully close transactions. The approach utilizes the BaleVisionTM quality inspection and data analytics platform from merQbiz® combined with the new BaleFactsTM report that provides quality certification.
Multiple recyclers are now running trials using what merQbiz calls a “Confidence in Supply” (CIS) and “Confidence in Export” (CIE) solution.
Similar to “car facts” reports used in the auto industry, a BaleFacts quality certification provides detailed data about RCP shipments based on a sample of inspected bales. The report documents the material inspection date, paper grade, shipment tonnage, bale identification numbers, content breakdown, a photo of each bale inspected, and average content breakdown of the overall shipment. BaleFacts provides mills with assurance in the quality of the material they are receiving and serves as a historical record of the transaction.
Furthermore, BaleFacts data aggregated over time – including information about the supplier’s inbound materials and warehousing practices – helps sellers set pricing and leverage negotiations with buyers, as well as understand how sourcing, processing and storage practices are affecting their quality. Likewise, buyers are able to get a clear picture of supplier performance through historical data.
“BaleFacts is just one tool in our product suite aimed at giving both sellers and buyers greater confidence in supply,” said John Fox, merQbiz President and CEO. “We conduct BaleVision quality inspections where our technicians measure bale quality onsite at the seller’s location, or the seller can lease our inspection device to do their own quality checks. Our dedicated sales team can also connect sellers with buyers for their product in both domestic and international markets.”
CIS/CIE Trials Underway
Early trials of the CIS and CIE programs have been well received, according to Chris Parsons, Export Director at merQbiz.
In one case, a large domestic seller that sells its product to Asia was seeking greater assurance that shipments would be accepted and usable on the import side. With merQbiz’s CIE program, the supplier now has objective quality data with a BaleFacts certification for each shipment. “The report is shared via the cloud with the company’s representatives in Asia who can walk into a mill and confirm buyer acceptance based on the quality before the shipment ever leaves the stateside port. That is powerful,” said Parsons.
The quality certification program is applicable to small recyclers, as well as large ones. A family-owned materials recycling center (MRF) in the Northeast is using the CIE solution to certify exports to a buyer in the United Arab Emirates. Certification of an initial 400-ton shipment provided product transparency, giving both seller and buyer confidence in the transaction. With a CIE program now officially in place, merQbiz will certify approximately 2,000 tons in September.
With its CIS program, merQbiz is helping to facilitate domestic transactions in addition to CIE for exports, according to Parsons. He describes a domestic mill that came to merQbiz looking to deepen its supplier base for high-quality newsprint grade. merQbiz connected the mill to a MRF that was a good fit in terms of location, grade and quality. After a successful initial trial of the CIS quality inspection and certification, the seller now has a new customer and is increasing its supply to the mill.
The merQbiz CIS and CIE programs are powered by the company’s BaleVision inspection and analytics platform and its BaleFacts reports. These services are available globally for all buyers and sellers of recovered paper. As a cloud-based solution, users can quickly and easily access information via the web and share data with their trading partners securely anywhere in the world.
About merQbiz merQbiz is a services and analytics provider for buyers and sellers in the recycling industry. The company delivers solutions across quality, analytics and procurement to help customers grow their business. Headquartered in the heart of Silicon Beach in Los Angeles, merQbiz is a sole venture of Voith. www.merqbiz.com
Data analytics and insights empower smarter procurement – maximizing supplier performance and optimizing business processes
merQbiz®, a solutions and analytics provider for buyers and sellers in the recovered paper (RCP) industry, introduces BaleVision™, providing companies actionable insights into their RCP quality. Combining a leading quality assessment tool with comprehensive data, BaleVision helps RCP buyers maximize supplier performance and sellers earn a fair price for their product.
Until now, the industry has had limited options for measuring RCP quality. Conventional measurement methodologies – such as ocular inspections and bale breaking – can be costly, labor intensive and highly subjective. Furthermore, any data collected is often unreliable and provides very little information for business decision-making and process optimization.
BaleVision overcomes these limitations with a device for effective quality measurement and a system for data analysis and visualization. The quality assessment tool analyzes the bale from the inside out, collecting detailed data on fiber content, moisture, plastic, ash and other bale contaminants. merQbiz has partnered with the manufacturer, PTS, to be the exclusive distributor of the device in North America.
But the real power of BaleVision is two-fold: It significantly increases the volume of bales that can be inspected and delivers data analytics that provide information transparency via dashboards. Combining the customer’s data with market and seasonal data, the system supplies trend analyses for quality, operations, procurement and finance.
“BaleVision is an industry-first solution that gives sellers insights into the real value of their paper and enables mills to proactively optimize procurement and operational processes,” said John Fox, President & CEO of merQbiz. “There’s nothing like it in the industry that can deliver this level of value.”
As a comprehensive quality performance program, BaleVision includes data collection, bale inspections, data analysis and industry trends. merQbiz will tailor the solution to each customer’s requirements, and it can be integrated with existing enterprise technology platforms or function as a stand-alone system.
To complement BaleVision, merQbiz is launching a new analytics platform that will house the dashboards and related services such as claims management and an RCP export procurement solution.
merQbiz is a services provider for buyers and sellers in the RCP industry. The company delivers solutions across quality, analytics, logistics and procurement to help customers grow their business. Headquartered in the heart of Silicon Beach in Los Angeles, merQbiz is a joint venture of Voith and Boston Consulting Group Digital Ventures. www.merqbiz.com
merQbiz® Selects C.H. Robinson as Exclusive Logistics Provider for Ecommerce Platform
merQbiz, an online marketplace for the buying and selling of recovered paper (RCP), announces collaboration with C.H. Robinson, a leading global third-party logistics provider (3PL), to bring unmatched freight capacity, competitive real-time pricing and a powerful supply chain network to the platform. The collaboration leverages the deep market knowledge and digital expertise of both companies to enhance the RCP transaction experience.
“The integrated logistics solution is a game-changer for the industry”
“The integrated logistics solution is a game-changer for the industry,” said John Fox, CEO of merQbiz. “C.H. Robinson’s capabilities are a perfect complement to the merQbiz digital platform. Together, we aim to provide unmatched logistics capacity, increased options and real value for our customers.”
merQbiz and C.H. Robinson aim to address the day-to-day challenges facing the $30 billion RCP industry by streamlining, automating and bringing transparency to the buying and selling process.
merQbiz, launched in early 2017 as a joint venture of Voith and Boston Consulting Group Digital Ventures, connects buyers and sellers of recovered paper in a marketplace that drives efficiency and business results by providing transformative digital solutions. The platform gives buyers and sellers the ability to directly network with one another and access timely and reliable information about the supply and demand of RCP.
“This collaboration is a natural fit, as C.H. Robinson continues to digitize and optimize supply chains. It enables merQbiz customers to seamlessly access C.H. Robinson’s unmatched contract carrier network and secure transportation at a competitive price,” said Chris O'Brien, chief commercial officer for C.H. Robinson. “Together with the merQbiz online marketplace, we are bringing both our supply chain and technology expertise to drive change and digital innovation in the RCP industry. The collaboration also enables us to better serve an industry where we already have a significant footprint.”
The logistics feature is now live and available on the merQbiz platform. For more information and to register for the marketplace, please visit www.merqbiz.com.
merQbiz is an online marketplace designed to improve the way buyers and sellers of recovered paper do business. The platform allows buyers and sellers to connect directly, take advantage of fully transparent pricing, and transact more efficiently. merQbiz provides a robust end-to-end solution that makes the buying and selling process easier and more transparent. Headquartered in Manhattan Beach, CA, merQbiz is a joint venture of Voith and BCG Digital Ventures. Voith is a global technology leader in major industrial markets including paper, energy and raw materials. BCG Digital Ventures is a corporate innovation, incubation, and investment arm of The Boston Consulting Group. For more information on merQbiz, please visit www.merqbiz.com or view our video.
About C.H. Robinson
As C.H. Robinson, we believe in accelerating global trade to seamlessly deliver the products and goods that drive the world’s economy. Using the strengths of our knowledgeable people, proven processes and global technology, we help our customers work smarter, not harder. As one of the world’s largest third-party logistics providers (3PL), we provide a broad portfolio of logistics services, fresh produce sourcing and Managed Services for more than 113,000 customers and 107,000 contract carriers and suppliers to meet their supply chain goals through our integrated network of 280 offices and more than 14,000 employees.