Excess Materials Flow
Real-time data flow for sending excess materials back to circulation.
Estonia, much like many other countries is thriving towards a circular economy. It requires systemic change through public and private sector cooperation in order to overcome one of the biggest hurdles – making the information and data available for all the relevant parties.
In the majority of cases, we are used to treating leftover materials in production as waste and dispose of them discreetly. It makes sense in a linear economy where the emphasis lies in the sales of end products.
In an era where the prices of raw materials are fluctuating, polluters are increasingly taxed and sustainable production models are on the rise all excess materials are seen as a potential resource for someone else.
At the moment there is no proper solution on the market that would manage to incentivise information sharing between the public and private sector to be able to shift from a linear economy to a circular one finding a use for these excess materials.
There are many hurdles for businesses to overcome in finding a user for their excess materials:
Lack of knowledge on the value of leftover materials
Lack of easy-to-access information on leftover materials generation
Lack of transparency in the value chain of waste
We believe there can be a more efficient way of doing things which benefits all the relevant stakeholders.
We want to provide manufacturers with a comfortable and automated way for tracking their excess materials integrated to their work process. By offering a unified solution, companies will have a chance to start earning extra revenue on their excess materials in the future and public sector will get access to the data directly from the producers.
This will give the public sector a way to get access to the on-site data and means to measure materials circulation outside of the waste system.