September 18, 2024
Requis Circularity: Building a More Profitable and Sustainable Future
After years of boots-on-the-ground development and listening to our customers, we’re thrilled to announce the largest platform-wide update to Circularity, the fastest growing circular marketplace already trusted by the world’s leading energy firms.
These updates empower our customers to unlock greater returns on their investments, significantly reduce their carbon footprints, and optimize working capital. Asset buyers and sellers are now poised to transform their supply chains into efficient circular economies, driving sustainability in the process.
The Challenging State of Surplus Management
Both surplus buyers and sellers face significant challenges that impact profitability and operational efficiency. Buyers struggle with limited access to high-quality, competitively priced assets and uncertainty around asset quality. Sellers grapple with high storage costs for unused assets and internal misalignment on asset disposition decisions.
Targeted Solutions for Buyers and Sellers
Circularity is designed to overcome the above challenges, offering solutions that address the most critical pain points experienced by buyers, sellers, and ultimately their larger organizations.
Asset Marketplace for VP of Sales, Inside Sales, and Procurement
The Circularity marketplace provides easy access to specialized materials and equipment from trusted global brands, ensuring competitive pricing and verified asset quality. This not only reduces purchasing costs but also enhances ROI.
The following updates help buyers secure the best inventory for their needs:
● Improved Marketplace Experience: Our standardized e-commerce interface provides an intuitive browsing and buying experience. Buyers can easily find and acquire high-quality materials and equipment, ensuring they meet their exact needs.
● Enhanced Bidding and Auction Modules: With simple and effective tools for bidding and auctions, buyers can engage in transparent and competitive transactions, securing assets at the best possible prices.
● Custom Search Fields and Pricing Methods: Tailor your search with custom fields and optimize pricing strategies to find the best deals and ensure fair valuation, improving your ROI on purchased assets.
● Sales and Transaction Reporting: Detailed account reports allow buyers to track their purchasing activities, manage their investments efficiently, and make data-driven decisions.
Asset Management for Inventory and Investment Recovery Managers
Circularity offers a comprehensive asset management solution that streamlines the identification, evaluation, and marketing of surplus materials and equipment, thus reducing storage costs and the total cost of asset ownership.
The following updates ensure an efficient disposition process:
● Flexible Asset Management: Easily bulk upload assets, edit listings, and publish product images to streamline the sales process. These features help sellers efficiently manage and present their surplus inventory.
● Improved Internal and Private Marketplaces: Customize your marketplace with categorized listings and flexible permissions to promote circularity within your organization and reach potential buyers effectively.
● Requis Connect: Integrate your tools and systems in one centralized area, ensuring smooth asset recovery and efficient management of surplus assets, which helps reduce holding costs.
● Enhanced Sales and Transaction Reporting: Keep track of transaction history with detailed reporting, facilitating better decision-making and maximizing recovery value from surplus assets.
Join the Circular Economy Revolution
Requis is setting the pace for future-focused operators just like you. Whether you’re procuring and distributing surplus or selling it to the next owner, Circularity can be your strategic partner.
Ready to discover the full potential of Requis Circularity? Talk to the Requis team today.