CIRCULAR ERP

Video

Description

In 2024, Sykell launched 'CIRCULAR ERP,' a groundbreaking SaaS platform tailored to manage reusable assets in the circular economy. While existing ERP systems focus on a traditional linear business, CIRCULAR ERP embraces the complexity of the circular economy. It tracks all the movements of every single asset along the supply chain, managing complex operations including logistics, invoicing, asset management and deposit clearing. CIRCULAR ERP is able to handle a broad variety of primary and secondary packaging, including for example food or cosmetics packaging.

Sykell’s infrastructure extends beyond software and creates synergies with external partners, enabling an end-to-end solution including returns via reverse vending machines, streamlined logistics and washing processes. This approach simplifies the process and (return)logistics behind reusable packaging for the customer.

Story

In 2024, sykell introduced CIRCULAR ERP, a pioneering SaaS platform designed specifically to manage reusable assets within the circular economy. Unlike traditional ERP systems, which cater to linear business models, CIRCULAR ERP addresses the unique challenges of circular business processes. The platform provides comprehensive tracking and management of assets across the entire supply chain, covering critical operations such as (reserves-)logistics, invoicing, asset management, and deposit clearing. It is highly versatile and capable of handling various types of packaging, including those used in the food, beverage, and cosmetics industries.


CIRCULAR ERP goes beyond software by integrating seamlessly with external partners to provide an end-to-end solution. This integration includes returns through reverse vending machines, optimized logistics, and efficient washing processes, making it easier for companies to manage reusable packaging systems. By simplifying the logistics and operational challenges of reusable packaging, the platform significantly enhances customer experience and contributes to more sustainable business practices.

What truly sets CIRCULAR ERP apart is its contribution to sustainability. By capturing detailed data for every asset cycle, the platform offers key performance indicators (KPIs) and valuable insights that drive continuous system improvements. It supports stock and ordering forecasts and assists companies in generating sustainability reports and assessments. The platform not only streamlines operations but also provides the analytical tools necessary to optimize circular systems over time.

The platform’s functionality includes specialized features that traditional ERP systems lack. CIRCULAR ERP enables companies to transition smoothly into the circular economy by offering access to sophisticated software and leveraging Sykell’s extensive partner network, which includes tested reverse logistics systems. This holistic approach ensures that companies can close the loop on reusable packaging and scale their circular systems efficiently.

Link

• https://www.circular-erp.com/

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Judge’s Comments

Gwyneth Jong

Co-founder of FabCafe Kuala Lumpur

Reusable Assets System Prize

No matter how much we try to bring a reusable coffee cup with us for our takeway drinks, there will always be days where we fail to do so. This system's ability to track reusable assets provides valuable data that can drive meaningful change, helping to reduce consumption and improve recycling efforts. What truly excites me is the potential for this technology to be applied beyond plastics, offering a scalable solution to monitor and manage other waste streams. By expanding this approach to other materials, we can develop a comprehensive system to track, reduce, and ultimately eliminate waste across industries, fostering a more sustainable and circular economy. A truly innovative and impactful solution!