OPATRACE

Gallery OPATRACE 1
Gallery OPATRACE 1
June 2021
By OPALEAN
Headquarters 59000 Lille, France
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OPATRACE - Online collaborative platform that reinforces the circular economy of Euro-pallets management and all reusable load carriers

Today, nearly 500 million Euro pallets circulate around the world. But with a loss rate of 10 to 15% – the result of operating in silos and a lack of communication between Supply Chain professionals – this represents a real disaster in economic and environmental terms. Opatrace helps to increase the quantity and quality of recycled and available Euro-pallets, so that the logistics actors are not only using them ... but that they reuse more and better! How? The collaborative platform provides real-time visibility of pallet flows, allowing better restitution, fewer purchases and less waste. By aggregating information, the solution helps supply chain professionals to reduce their losses of wooden pallets and to promote the circular economy of packaging ... While also reducing costs associated with the management and transport of load carriers (less CO2 emissions). From the supplier to the consignee, through the carrier, the whole chain benefits from productivity gains, but also a better management of reverse packaging. By recovering 100% of reusable wooden pallets, we do limit the purchase of new ones and preserve the natural resource and indirectly combat deforestation

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Key features

  • 100% of pallets collected and re-used (vs 85% with traditional tools)
  • 445,000 tons of CO2 stored per year, through 10 million pallets managed
  • Can preserve up to 2000 hectares of forest per year, avoiding 5 to 7.5 million lost pallets annually.
  • Wood material recycled and revalued at the end of the cycle, with a life span of 8 to 10 years

Profitability

  • Return on investment less than 6 months.
  • 20% to 30% reduction in management time dedicated to pallet flows

Maturity Stage

  • Medium and large scale commercialization
  • Small scale commercialization
  • Initial market commercialization
  • Prototype testing in the real world
  • Prototype testing 1:1 in the lab

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