Hugh Stewart had a vision: he wanted to break his company out of the traditional metal market (i.e. buying scrap, cleaning and sorting it and then re-selling it) and create a global business that helped specialist metal users in the aerospace sector manage their own scrap and pay him to process it. He coined a new name for the process – Revert Management – and built a unique online tracking and management system on our iport Enterprise Portal platform that allowed his clients to view and track their scrap levels, where it was in the reprocessing chain and when they would have it back for use in their factory in ready-to-use furnace lots. His company, Caledonian Alloys, shot up from a standing start to over $200m revenues in only 8 years and has now been acquired by $7bn US metals giant, Precision Castparts Corp.
“Huge cost savings, massive communications improvements, a compelling way to win new business: I could quantify these but I like to keep my competitors guessing. Maybe you should meet the team who made this possible?” Hugh Stewart, Chairman, Caledonian Alloys Ltd.
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