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GRRN Zero Waste Conference. Intro to Materials Exchanges. Introduction To Virtual Materials Exchanges. What is a Materials Exchange?. A system for recapture of materials and items which had previously been destined to be discarded/disposed of. What are the Goals of a Materials Exchange?.
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GRRN Zero WasteConference Intro to Materials Exchanges Introduction To Virtual Materials Exchanges
What is a Materials Exchange? • A system for recapture of materials and items which had previously been destined to be discarded/disposed of.
What are the Goals of aMaterials Exchange? Reduce ReuseRecycle
Earliest Documented ExchangeWartime Britain National Industrial Materials Recovery Association Ceased after WWII
Materials ExchangeTimeline • 1950’s and 1960’s Conservation and recapture are not a top priority • 1970’s Materials exchange systems spring up • 1980’s Regulatory changes and reduced funding undermine many systems
History of Materials Exchanges • http://www.p2pays.org/ref/10/09222.htm#chapter1
Materials Exchanges:Trash-matching • Facilitate transactions where: • Source and sink are not known in advance • Material flows are intermittent and • unpredictable
What GetsExchanged? Items and materials are typically: • Previously considered waste/of no use • Of low economic value • Dispersed/low volume
Materials ExchangeCharacteristics Successful exchanges are usually: • Local/regional • Focused • And free!
The Challenges: Inconvenient Uneconomic Unknown method Perception that it is not viable Our Goals: Convenience Economic Efficiency Collaborative method development Change perceptions Challengesof Reuse
What Does Information Technology Add? • Reduced transaction cost • Collaborative problem solving • Just in time information delivery • Better tracking and reporting
Reduced Transaction Cost Reduced ‘search and information’ costs.
DistributedProblem Solving Two minds are always better than one.
Just in timeInformation Delivery Information is available and accurate at the time it is needed.
Better Trackingand Reporting Diversion rates and other metrics are available.
Thank Youfor Your Time! James Ruttan CEO iWasteNot Systems jamesruttan@iwsatenotsystems.com