Spanish Ecotic Utilizes Sourcing Platform to Manage WEEE Materials

Ecotic, a private Spanish non-profit Waste Electronic and Electronic Equipment (WEEE) management organization, has processed more than 97,000 tons of waste in 2018, leveraging the sourcing platform of USA based management company Jaggaer.

The organization collects and recycles – in response to the legal requirements on producers and distributors of electrical and electronic equipment – WEEE including air conditioning, appliances, communications equipment, electrical and electronic tools, medical devices, and all types of computer equipment. The entity would serve more than 6,000 collection points throughout the Iberian Peninsula, including clean points and distributors, a press release informed. By 2019, Ecotic expects to manage over 120,000 tons of waste through the platform. According to Jaggaer, its collaborative sourcing platform has allowed the Spanish organization to channel the information of more than 100 managers and carriers through a workflow that involves distributors, processors, processing centers, recyclers and industrial consumers. The solution would also ensure “that all potential suppliers comply with the requirements for financial solvency. Ecotic joins the many companies that have taken advantage of Jaggaer’s expansive spend management technology to bring transparency, efficiency, time and cost savings to their processes.”

Jaggaer considers itself as the world’s largest independent spend management company with over 2,000 customers connected to a network of 3,7 million suppliers in 70 countries. The company offers a complete SaaS-based source to pay eProcurement solution with advanced spend analytics, sourcing, supplier management, contract lifecycle management, saving tracking and intelligent workflow capabilities.

Photo: O. Kürth

(GR 22019, Page 21)