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Reuseable-as-a-Service

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Script error: No such module "AfC submission catcheck". Reusable-as-a-Service or RaaS is loosely based on Software-as-a-Service (SaaS) and refers to the service components needed to support commercial reusable products. As with a SaaS model, all of the service components needed to keep a reusable product in operation are bundled together and offered in complete package. An example of how this works can be seen with a reusable coffee cup or take-out container rental/borrow model. Companies in these spaces using a RaaS model will most likely include the cup or container, the delivery and return logistics, the cleaning, sanitization and damage/loss, as well as a form of product tracking and management. Often times a RaaS model will also include use and impact metrics, and other forms of data reporting and analysis. Revenue from a RaaS model can come from the end-user in the form of a monthly subscription, or per use charge, and/or from a participating retailer or organization. The RaaS service can be offered on a monthly/yearly basis and can be governed by a detailed service contract. Unlike a traditional rental service which may include just the cost to use the item, a RaaS model includes all or most of the components that are necessary to support the circular reuse of the product. The term Reusable-as-a-Service was first used by Reusable Solutions Group (later Returnity) and it's origin is attributed to Mitch Barlas, Founder of Returnity. <ref>https://www.returnity.co/aboutus<ref> Some current examples of companies using a RaaS model are: Revolusation, Loop, Cup Club, To-Go Box and other.


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