Change the way you buy with sourcing of second-hand products - INTERMEDIATE

Cost
LOW
Cost
MEDIUM
Cost
HIGH
EFFORT
low
EFFORT
medium
EFFORT
HIGH
IMPACT
low
IMPACT
MEDIUM
IMPACT
HIGH

Promoting reuse is beneficial. For a company to effectively reuse goods, accessibility is key. Business-to-business (B2B) digital platforms play a pivotal role in connecting suppliers and buyers who may not have prior connections.

From the seller's perspective, selling surplus or second-hand equipment, as well as deconstruction materials, not only generates additional turnover but also significantly reduces the company's CO2 footprint.

On the buyer's side, there are both financial and CO2 savings to be gained.

62%

of Singaporeans are receptive to receiving second-hand packaging.
(IPSOS)

ADDITIONAL RESOURCES

Example of Innovative digital platforms dedicated to re-use:

- MACHINESEEKER: online network of second-hand machines with multiple marketplaces.

- KHEOOS: reuse marketplace for industrial maintenance parts. The products are mostly from dormant stock. Kheoos promotes reuse rather than destructionand extends the life of of equipment by making available spare parts that are no longer manufactured.