info@nu-vector.com
Mon - Fri: 8:00 am - 5:00 pm
Track, manage, and optimize your returnable assets in real time. Request a demo today!

Real-Time Asset Visibility

Client:

Sonoco

Female researcher inspecting the workplace, no doubt benefiting from returnable asset management solutions.

Process and Results

Sonoco Tubes and Cores division plays a pivotal role in supplying essential paper-based cores to industries such as Film, Tape & Label, Paper Mill, Textile, and Construction markets. To ensure the efficient and secure transportation of these cores, Sonoco employs large metal carts and racks that safeguard their products.

In their quest for operational excellence, Sonoco utilized LoopManager™ to meticulously track the storage and movement of each individual cart and rack. This strategic approach provided Sonoco with profound insights into their standard business practices.

As a result, the division achieved real-time visibility of 100% of their carts and racks, drastically reducing "dwell time" at client facilities. Moreover, Sonoco leveraged this newfound efficiency to optimize future price negotiations, ultimately strengthening their market position.

“I cannot give you the formula for success, but I can give you the formula for failure. It is: Try to please everybody.”

- Herbert Bayard Swope