Date: January 1, 2022
The Challenge
An electric vehicle manufacturer was looking to improve their lead-acid battery recycling process at three of their facilities.
The Solution
The Envita Solutions team identified an opportunity to transition to a new service provider for lead-acid battery recycling at the three facilities allowing the current pricing model of a charged rate to transition to rebates for the materials. By leveraging Envita’s economies of scale in the marketplace and instituting a new supplier partnership, the team helped these facilities achieve an estimated annual savings of around $11,000.
The Result
The customer established a new rebate revenue stream by partnering with a vetted recycling service provider, who was then added to Envita’s extensive supplier network. This strategic move is expected to generate an estimated annual savings of $11,000, further boosting the customer’s cost efficiency.