C-ECO with leading role in research project for innovative Circular Economy
A project to develop IT tools to support the identification and evaluation of used parts has been launched. Industry and research institutions work together to develop and implement innovative and practice-oriented solutions. In cooperation with Fraunhofer IPK, a specialist for sensor-based identification and TU Berlin, an expert in computer aided business data analysis, develops C-ECO, the leading provider for Circular Economy Services in the Automotive Aftermarket, a digital worker support system for reverse logistics. The benefits and transferability to other industrial sectors will be reviewed by acatech, the specialist for strategic engineering and technology policy issues. The project is funded by the German Ministry of Education and Research.
„EIBA“, a project funded by the German Ministry of Education and Research, supports resource efficient circular economy by the development of a system for identification and evaluation of used parts, called cores. Sensor data and business data are merged to improve the identification and evaluation of cores. Tools based on Artificial Intelligence are combined with human skills and assessment into a hybrid system for decision-making. The integration of different aspects and characteristics makes it unique. This new system will be developed and integrated in the CoremanNet service network, operated by C-ECO. The project is funded with over 1m Euro.
The name „EIBA“ is an acronym of the german project description: Sensorische Erfassung, automatisierte Identifikation und Bewertung von Altteilen anhand von Produktdaten sowie Informationen über bisherige Lieferungen (EIBA). The title in English reads as follows: Sensor based acquisition, automated identification and evaluation of old parts based on product data and information on previous deliveries.
The project consortium consists of
Fraunhofer IPK, a specialist for sensor-based identification of objects,
TU Berlin with the Department of Assembly and Handling Technology, an expert in computer aided business data analysis and the Department of Sustainable Engineering, an expert for sustainability assessment,
Acatech, the specialist for strategic engineering and technology policy issues
and is coordinated by
Circular Economy Solutions GmbH (C-ECO), the partner to manage circular economy networks with their service brand, CoremanNet, the leading provider for CE Services in the Automotive Aftermarket
ReziProk is a funding program of the German Federal Ministry of Education and Research (BMBF) under which several German projects with a high relevance and impact for society and environment are funded. The goal is to support initiatives aiming the migration from linear economy into more sustainable circular solutions through new and innovative business models and technologies. This shall increase overall raw material productivity, avoid waste, reduce environmental impact and create local employment.
ReziProk is the acronym for the German name “Ressourceneffiziente Kreislaufwirtschaft – Innovative Produktkreisläufe”, which corresponds to “Resource-efficient Circular Economy – Innovative Product cycles”.
Within the project, C-ECO uses their service brand, CoremanNet. CoremanNet is the leading worldwide core management network in the automotive aftermarket. It manages all typical circular economy challenges with an adaptable system. Starting with the physical collection, core inspection and warehousing to financial accounting of core return options including finance settlement.