For two decades now, CoreCentric Solutions has internalized the principles of a circular economy through its innovative reverse logistics and asset recovery programs, which have helped global clients exceed both their cost containment and sustainability goals. With deep expertise in reverse engineering and remanufacturing, CoreCentric Solutions continues to deliver market-oriented, profitable solutions to product lifecycle and environmental problems.
CoreCentric Solutions has developed robust product recovery processes and infrastructure, yielding industry-leading asset recovery rates. Rather than simply discarding returned products, CoreCentric engineers work towards identifying and fixing common failures. This enables the extension of the useful life of such products and subsequently allows them to re-enter the stream of commerce.
In addition, CoreCentric Solutions has taken a leading role in diverting service parts from landfills and circulating them back in the service field. Utilizing a broad network of servicers and recyclers, the company receives more than one million parts on an annual basis. These parts are remanufactured and redistributed to a broad network of service technicians, warranty providers and end consumers, offering a cost-competitive and quality alternative in extending the useful life of otherwise still usable products. CoreCentric also offers repair solutions for No Longer Available service parts, playing a significant role in the reduction of unnecessary product replacements.
Moving forward, CoreCentric Solutions aspires to develop a comprehensive suite of services that will enable its partners to shorten their path towards a circular economy (external) while operating under a zero-landfill policy (internal). The company intends to continue working towards increasing the reclamation of component parts from consumer products that have reached the end of their useful life, allowing for expanded repair options and serviceability.
An ideal end-state involves leveraging the company’s 20+ years of experience in defect identification and working with product teams of global partners to help eliminate common points of failure while incorporating repairability and upgradeability (upcycling). Ultimately, CoreCentric Solutions aspires to enable its partners to turn returns management and aftermarket support into strategic competitive advantages and key elements of their sustainability efforts, clearly demonstrating that it is possible to disrupt the make-take-dispose flow through sustainable, cost-effective, reverse cycle systems.