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The Surprising Business Benefits Of Returnable Packaging Technology

Jan 10, 2025 - forbes.com
The article discusses Schaeffler Group's efforts to enhance sustainability and efficiency in its supply chain through digitalization and AI-powered solutions, in partnership with SAP. Schaeffler has been utilizing SAP solutions for around 40 years and has recently focused on developing new IT application systems to support circular logistic flows for returnable and reusable packaging materials. This collaboration has led to the implementation of the SAP Returnable Packaging Management solution, which streamlines container management, reduces delivery failures, and enhances transparency across Schaeffler's global operations.

Schaeffler is also exploring AI-enabled capabilities to improve cost efficiency and sustainability, such as machine learning-powered returnable packaging account matching. This innovation aims to automate the reconciliation process, minimize errors, and increase inventory accuracy. By adopting these technologies, Schaeffler is setting an example for the industry, demonstrating the potential of cloud innovations and AI in driving sustainable business practices.

Key takeaways:

  • Schaeffler Group is leveraging digital technologies and AI innovations to enhance sustainability and efficiency in motion technology.
  • The partnership with SAP has enabled Schaeffler to develop industry-specific solutions like SAP Returnable Packaging Management, improving container management and supply chain transparency.
  • AI capabilities such as container reconciliation automation are reducing workload and delivery failures, while increasing transparency in packaging material inventory.
  • Schaeffler is exploring AI-enabled solutions to bridge the gap between sustainability and cost efficiency, setting an example for the industry in sustainable packaging practices.
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