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Manufacturing, Logistics, Supply Chain Keynotes
The chemical industry in the EU is a prime example where huge amounts of energy could easily be saved by product exchanges. Every day many thousands of trucks drive long distances across Europe carrying identical chemicals in opposite directions from different sets of suppliers to factories. If both companies were part of a Product Exchange, they would swop their identical stock online. Polish polyethylene for example would go direct to a Polish factory, and the same for the French. Over 100 million kilometres of trucking could be saved if chemical suppliers worked more efficiently. That’s equivalent to 10 million litres less diesel burnt, saving at least EU 20 million in costs.
Read more: Product Exchanges and Climate Change