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Planet Metrics has announced the beta release of its Rapid Carbon Modeling (RCM™) solution. RCM enables manufacturers, consumer packaged goods (CPG) companies, and retailers to model, analyze, and optimize carbon emissions and energy use throughout the entire value chain, from material extraction to end-of-life, often called cradle-to-grave. RCM provides the optimization tools to efficiently assess exposure surrounding energy and carbon cost scenarios and to model alternatives in order to save money and emit less harmful gasses.
RCM enables companies to identify and focus on the highest ROI eco-innovations to drive competitive advantage. As the need to lower total cost of operations continues to increase, leading analysts are reporting that sustainability and corporate social responsibility mandates are emerging as a key cost control and customer retention strategy.
According to RCM, its business intelligence and visualizations make it easy, quick, and cost-effective for people responsible for managing the supply chain and ensuring sustainability within complex organizations to map a company’s entire supply chain in terms of carbon intensity throughout product life cycle stages. It provides an analytical and visual model of the relative carbon in the supply chain coming from raw materials, packaging, logistics, and manufacturing processes. The SaaS solution enables product management, supply chain, operations, and sustainability executives to create views and perspectives that reflect commodity price risk, substitution potential, carbon cost risk, dematerialization possibilities, and what-if scenarios, as well as before and after analytics. Planet Metrics solutions are typically deployed in under 30 days, and integrate enterprise business applications data and all existing LCA and GHG Inventory data.
With RCM, users can determine the financial and carbon impacts of their products, including the ability to:
• Explore baseline carbon and energy footprint and run footprint scenarios across the entire business
• Identify exposure to energy cost throughout the supply chain
• Analyze margin impacts using future price of carbon and commodities throughout the supply chain
• Incorporate quantifiable eco-efficiency metrics into sustainability strategy
• Identify strategic risks and opportunities associated with carbon and energy throughout enterprise
• Run material and vendor substitution scenarios in support of low carbon product design initiatives
• Analyze products, parts/ingredients, and packaging with highest exposure to embodied energy and carbon
• Review an initial analysis in days or weeks (not months) shortening project cycle
• Collaborate on scenario creation and findings throughout the organization through online data input into RCM secure SaaS modeling system
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