Berga Recycling Anticipating market changes in the recycled materials industry
AI Projects
Information
A key position in the recycling industry
Berga Recycling is a major player in the circular economy, delivering comprehensive recycling solutions. Acting as an intermediary between companies that product recyclable materials and those that process them, Berga fills a critical gap in the global recycling chain. This strategic role allows the company to streamline material exchanges while actively supporting efforts to reduce the environmental footprint.
One of Berga's core challenges was dealing with price fluctuations on international markets, which had a direct impact on profitability. To address this volatility, the company needed better forecasting to inform business decisions. Accurately predicting supply (from suppliers) and demand (from customers) became a key strategic priority.
To meet this challenge, machine learning models were integrated into Berga's existing technological infrastructure. These models draw on a dataset that includes international price trends, transaction records from public registers, and the company's own historical data. This approach has significantly enhanced Berga's forecasting capabilities. Custom dashboards were also developed to streamline data analysis and usage, enabling more informed decision-making.
Within just 2 months, the tools implemented allowed Berga to reach a two-month forecasting horizon for global price fluctuations. The company is now able to anticipate up to 30% of demand variability. This predictive power has helped teams better target their actions with both customers and suppliers, leading to a more stable material flow. These gains in efficiency and competitiveness ultimately increased Berga's value - culminating in its acquisition.
" Very quick take up and understanding of our industry by ExplorAI by just looking at the data. I found the feedback with ExplorAI to be fast and concrete. Thanks to ExplorAI's work, Berga was sold for twice as much. "
- Richard Peladeau - Chief Technology Officer, Berga
