Creating a usage-based future
Engelaer, Sustainable Business Developer at DLL says: “In a resource-constrained world the linear economy of 'take, make and dispose' is unsustainable. We need to reshape business models to a more circular economic model, where goods and materials are reused and recycled continuously. This requires a global shift from ownership to usage, thereby enabling professional refurbishment and remanufacturing by manufacturers. Governments and manufacturers have begun to realize this and are changing their mindset. DLL facilitates its partners in this by financial solutions as Lifecycle Asset Management (LCAM), in which manufacturers can extend the life of their products through reuse, remanufacturing and recycling and move their customers from asset owning to paying for a service.”
The Product and Service Innovation of the Year Award recognizes the truly innovative steps taken by DLL to address the changing needs of their customers by offering a pioneering Life Cycle Asset Management program, and by proactively engaging manufacturing partners in projects and pilots to support and create a usage-based future.
The DLL LCAM program covers the economic management of assets throughout their entire technical life. This is accomplished by providing tailored financial services (e.g. operational lease, swapping of assets, extended usage, redeployment, 2nd life finance). LCAM makes proactive use of the repair, maintenance and refurbishment skills of manufacturing partners. When executed properly LCAM enables manufacturers, dealers, end users and DLL to extract more value out of the quality of the assets.
Adding value for the transportation industry
In 2014 DLL carried out a number of LCAM pilots to further develop its skill set and product offering across different countries and manufacturers. An excellent example of what can be achieved is the project carried out for the transportation industry with Schmitz Cargobull AG the leading trailer producer in Europe. In this conservative industry, margins are under pressure and there is a continuous need to produce more efficiently and at lower costs.