Bluecycle to Reduce "Salvage Miles" by Three-Quarters of a Million
Bluecycle, the UK’s online marketplace for salvage, could save salvage companies thousands of pounds with a planned restructure of its logistics network.
The new network, set to become operational next month, could save fuel costs totalling more than £325,000*and nearly 3,500 working days by cutting miles driven from 2 million to 1.29m.
It will also reduce Bluecycle’s carbon footprint by at least 810 tonnes of CO2 through the 36% reduction in miles covered by salvage operators.
James Russell, managing director of Bluecycle, said: "To maintain a sustainable, profitable and competitive salvage business, it’s vital to review and tackle the thorny issue of moving vehicles around.
"Working with the London School of Economics**, whose research has helped us to re-engineer our logistics network, we have been able to pinpoint ways of bringing costs down and work more efficiently through intelligent planning."
The new Bluecycle network is based on determining the most suitably located salvage yards across a number of UK "territories" and optimising the time and distance taken picking up vehicles.
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