What Goes Around Comes Around
Georgetown Consulting Forms
Fourth Party Reverse Logistics
Feb 1, 2010
11:48 AM
Georgetown-Consulting has
expanded its core practice in supply chain management by forming Fourth Party
Reverse Logistics (4PRL) and acquiring partial ownership of TBW Solutions of
Alpharetta, Ga.
“In today's challenging economy,
more and more companies are looking for ways to reuse and repair materials
instead of buying new. At the same time, organizations of every shape and size
need to find environmentally responsible methods for disposing of leftover
materials that are considered hazardous waste. That's what reverse
logistics is all about,” says Bob Burich, vice president and managing director
of Georgetown Consulting and 4PRL.
According to Burich, 4PRL will
focus on the green side of materials management. The reverse logistics
discipline encompasses returns processing, equipment resale, asset management,
equipment reuse management and recycling/hazardous waste management.
As a fourth party reverse
logistics consultant, 4PRL serves as integrator and coordinator of activities
performed by in-house and outsourced (third party) service providers. “Our
mission is to assure that everything is done in an efficient, measurable and
green-minded fashion,” Burich says. 4PRL operations will be based in Canton,
Ohio.
Meanwhile, by becoming the
partial owner of Georgia-based TBW Solutions, Georgetown Consulting is also
positioning itself to capitalize on a worldwide trend in the energy
industry—design and deployment of smart grid systems for delivery of electric
power. Currently, TBW Solutions holds contracts with both Honeywell and Florida
Power & Light to develop smart metering solutions. In addition to
delivering engineering, furnish and installation (EF&I) services to the
Smart Grid energy marketplace, TBW Solutions is a provider of EF&I and data
management services to the wireless and wireline telecom industries.