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OPATRACE

A collaborative platform for the management and relocation of recycled wooden pallets

June 2021
Gallery OPATRACE 1
Gallery OPATRACE 1
01.

Identification

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

Label Date June 3, 2021
By OPALEAN
From France
Maturity stage Medium and large scale commercialization
Looking For Network, New clients, Visibility, Credibility, Partners
  • /
02.

The environmental benefits

  • 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
03.

The Financial benefits

  • Return on investment less than 6 months.
  • 20% to 30% reduction in management time dedicated to pallet flows
04.

Activity Region

  • Headquarters
  • Activity
05.

Company Profile

OPALEAN

Business solution to optimize the management of Euro pallets and other handling supports in real time, from end to end of the supply chain

View company profile Solution website
Headquarters 59000 Lille, France
Contact the Solution Provider Save to Project

The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.