5 reasons why the market for recyclable materials will take off online

Sustainability is one of the key elements that many companies in the industrial sector will and are already focusing on. There is no doubt that material recovery and economic efficiency is an important reason for this, as well as the social responsibility of reusing materials and reducing the environmental impact of industrial companies.

Sourcing materials for recycling can be difficult when our local market fails us. Therefore, as it is happening in other sectors, having a verified and secure online environment will allow to buy and sell these materials in the most efficient way.

What are the main advantages?

• Reduced prospecting time: sourcing quality suppliers or buyers can be a complicated and time-consuming task. Likewise, the verification of those suppliers that we have located will also make this task take longer than desired.
• Market expansion: Sometimes restricting our suppliers or sales to the local market can prevent us from doing more profitable business for our company. Expanding beyond our comfort zone can drive our business beyond the most optimistic expectations.
• Increased margins: by securing a larger number of suppliers or buyers, we will be able to negotiate better deals that will result in higher profits for the company.
• Reduced carbon footprint: the reduction of travel, intermediaries and commercial prospecting will allow us to reduce emissions from cars, planes, etc. In addition, by increasing the number of recycled materials and therefore avoiding the need to invest a large amount of energy in their primary production, we will be helping to protect the environment.

The digitalisation of an eminently traditional market may not be immediate, but it is an unstoppable path in an increasingly globalised environment. The Internet makes it possible to carry out transactions that a few years ago seemed like science fiction just a click away. Therefore, positioning oneself as a pioneer in the digital sector can make all the difference for many recyclable materials companies.

ScrapAd is a benchmark in the industrial recycling sector as a platform for scrap metal trading. Find out what we can do for you.