A Walsall-based salvage company is set to save over £40,000 and improve its energy efficiency over the next two years thanks to a pioneering new tracking system.
Easysalvage.com processes around 10,000 to 15,000 damaged cars per year. However, manually keeping track of where cars and components are located, within its nine-acre storage site, is both complex and time-consuming.
“The new system offers so many benefits,” said Oliver Harvey, director of Easysalvage.com. “On top of improved customer service, increased turnover and greater productivity, it will cut our fuel bills in half.”
The new automated tracking system uses Radio Frequency Identification (RFID) and a global positioning system (GPS) technology to store information on the type and condition of each car, and its location.
The time taken to locate vehicles has speeded up by 50 per cent, enabling projected cost savings of £40,000 over the next two years through improved efficiency and accuracy.
The tracking system was developed by ICT Cluster funded project IT Futures which is based at the University of Wolverhampton.
“The IT Futures team helped us to innovate in a way we could not have imagined on our own,” enthuses Harvey. “They introduced us to technology we didn’t know existed.”
“Easysalvage were facing a huge logistical challenge in an increasingly competitive marketplace,” said Dr Garry Homer, technical director of IT Futures. “This solution has given them a competitive edge.”
The tracking system has enormous potential across a number of different markets including salvage and waste management. In the future, Easy Salvage plans to replicate its own success with the tracking system by marketing it to other companies across the UK.
Established by regional development agency Advantage West Midlands, IT Futures is one of nine ICT Cluster (Information Communication Technology) projects set up to strengthen the region’s economic growth by providing high-tech advice, consultancy and support for small to medium sized businesses.
Easy Salvage is one of many businesses in the region benefiting from the ICT Cluster’s expertise.