Data analytics and insights empower smarter procurement – maximizing supplier performance and optimizing business processes
EL SEGUNDO, Calif.–(BUSINESS WIRE)–#RCP–merQbiz®, a solutions and analytics provider for buyers and sellers in the recovered paper (RCP) industry, introduces BaleVision™, providing companies actionable insights into their RCP quality. Combining a leading quality assessment tool with comprehensive data, BaleVision helps RCP buyers maximize supplier performance and sellers earn a fair price for their product.
Until now, the industry has had limited options for measuring RCP quality. Conventional measurement methodologies – such as ocular inspections and bale breaking – can be costly, labor intensive and highly subjective. Furthermore, any data collected is often unreliable and provides very little information for business decision-making and process optimization.
BaleVision overcomes these limitations with a device for effective quality measurement and a system for data analysis and visualization. The quality assessment tool analyzes the bale from the inside out, collecting detailed data on fiber content, moisture, plastic, ash and other bale contaminants. merQbiz has partnered with the manufacturer, PTS, to be the exclusive distributor of the device in North America.
But the real power of BaleVision is two-fold: It significantly increases the volume of bales that can be inspected and delivers data analytics that provide information transparency via dashboards. Combining the customer’s data with market and seasonal data, the system supplies trend analyses for quality, operations, procurement and finance.
“BaleVision is an industry-first solution that gives sellers insights into the real value of their paper and enables mills to proactively optimize procurement and operational processes,” said John Fox, President & CEO of merQbiz. “There’s nothing like it in the industry that can deliver this level of value.”
As a comprehensive quality performance program, BaleVision includes data collection, bale inspections, data analysis and industry trends. merQbiz will tailor the solution to each customer’s requirements, and it can be integrated with existing enterprise technology platforms or function as a stand-alone system.
To complement BaleVision, merQbiz is launching a new analytics platform that will house the dashboards and related services such as claims management and an RCP export procurement solution.
merQbiz is a services provider for buyers and sellers in the RCP industry. The company delivers solutions across quality, analytics, logistics and procurement to help customers grow their business. Headquartered in the heart of Silicon Beach in Los Angeles, merQbiz is a joint venture of Voith and Boston Consulting Group Digital Ventures. www.merqbiz.com