The lifecycle journey begins with the product’s manufacturing and initial acquisition, eventually leading to its potential recirculation through multiple customers. The Revlogix Digital Product Passport is established during the manufacturing phase, capturing all essential data about the materials, components, and design specifications of the product. Even after a product enters a customer’s hands, the passport continues to track its usage, health, and value in real-time, providing a daily scorecard that supports informed decisions on asset management and recirculation.

At any point in its lifecycle, the passport generates a daily scorecard that quantifies the asset’s value, taking into account days in use, amortized value, and quality metrics.

This dynamic tracking enables businesses to make informed decisions about when to refurbish, upgrade, or retire the product. By maintaining a transparent and up-to-date view of the asset’s condition, every decision regarding the asset is data-driven, supporting both financial and environmental sustainability goals.

After the product is sold and deployed with one or more customers, Revlogix leverages the Digital Product Passport to build a comprehensive, secure record of its entire lifecycle, structured around three core areas: proprietary build of material, proprietary in-field usage and ownership data, and an open, public log of all revisions from day zero. This ensures a dynamic and transparent profile of the asset, allowing stakeholders to optimize its use, extend its lifespan, and determine the best time for refurbishment, recirculation, or recycling.

Proprietary Build of Material: This portion of the passport contains a detailed and confidential record of all materials, components, and sub-components that make up the product.

Proprietary In-Field Usage and Ownership: As the asset is used by different customers, the passport captures a wealth of in-field data, including usage patterns, environmental conditions, operational hours, and maintenance histories.

When the product is returned—whether due to end-of-use, early failure, or other reasons—the REVX system uses its extensive data to determine the asset’s current value and quality. A serial-number-specific value and quality score is readily available, allowing for immediate assessment.

Several decision trees guide the next steps, such as determining whether the asset is a “no trouble found” (NTF) return, out-of-warranty equipment where repair costs outweigh benefits, or early-life failure with unknown failure modes. Each pathway is optimized to minimize unnecessary returns and maximize value recovery.

By applying true economic evaluations, Revlogix helps businesses quickly decide whether to refurbish, recycle, or decommission the asset. The system’s ability to categorize and prescribe the appropriate path for 98% of returns has led to a 20% reduction in unnecessary returns, streamlining processes and improving overall efficiency.

During the asset recovery stage, the Digital Product Passport plays a pivotal role in determining whether the asset has sufficient value to justify further recovery efforts. The system assesses the remaining economic and functional value of the asset based on its serial number and BOM (Bill of Material) data. If a value proposition is identified that supports a positive return on investment, the asset is earmarked for refurbishment, repair, or upgrade.

This stage leverages historical data, SKU analysis, Part value, and other metrics to determine the optimal path for recovering maximum value. The passport guides the process to ensure that any economic change orders (ECOs) or asset condition change orders (ACCOs) are adhered to, aligning with the most efficient repair or upgrade strategies.

Aligning repair or upgrade efforts with the most cost-effective and value-driven strategies, reducing waste and enhancing profitability. Leveraging the passport’s data, companies confidently invest in recovery activities, knowing that they are supported by accurate, real-time insights into each asset’s condition and potential.

If the asset recovery analysis confirms that refurbishing or repurposing the asset is economically viable, the product enters the reverse operations phase. Here, the asset is repaired, upgraded, or re-engineered according to the optimal pathway determined by its BOM Passport. This process involves a detailed evaluation of the asset’s historical performance, SKU specifics, and overall condition to maximize its remaining value.

The reverse operations phase is guided by the data contained within the Passport. This data includes a complete history of the asset’s performance, usage patterns, and component wear, allowing technicians to identify the most cost-effective repair or refurbishment strategies. Additionally, the passport provides a framework for adhering to all relevant economic change orders (ECOs) and ensuring that the asset is restored or upgraded in a manner that maximizes its remaining value

Throughout the reverse operations process, the system continuously assesses the asset’s condition and adjusts the repair or refurbishment path accordingly. This dynamic approach ensures that costs are minimized while the asset’s utility and market value are maximized, allowing companies to extract the greatest possible return from each asset before it reaches the end of its life.

For assets that are no longer viable for repair or refurbishment, the end-of-life (EOL) decision gate is employed. At this stage, the BOM Passport provides a comprehensive evaluation of the asset’s remaining value based on its serial number, material composition, and historical usage data. This evaluation helps determine whether the asset should continue in the reverse operations process or be directed towards responsible recycling.

The EOL decision gate ensures that only assets with genuine potential for further use continue down the recovery path, while those that have reached the end of their useful life are prepared for deconstruction and commoditization. The passport’s detailed tracking of each component allows for precise dismantling of the asset into individual parts that can be sold or recycled. By accurately assessing each component’s value and condition, Revlogix ensures that every part of the asset is utilized to its fullest potential, minimizing waste and maximizing economic returns.

When an asset is determined to be at the end of its lifecycle and no longer suitable for repair or refurbishment, it enters the final stage: dismantling and recycling. In this stage, the BOM Passport provides a highly granular view of the value of each component, allowing companies to strategically dismantle the asset and sell its parts on the open market.

The detailed genealogy and lifecycle scoring captured in the passport allow for precise identification of parts that can be commoditized, ensuring high-quality and marketable components. This process minimizes the risk for buyers and maximizes the asset’s residual value. Additionally, components such as battery cells, tracked down to their build material level and estimated lifespan, are strategically deconstructed and prepared for sale or recycling.

This approach stabilizes commodity prices and supports remanufacturing efforts, contributing to a more sustainable circular economy.