For project developers, carbon credits ensure a reliable revenue stream once a unit’s climate impact is confirmed; as the World Bank explains, carbon credit schemes are similar to result-based financing (RBF) mechanisms. In this model, the unit (a cookstove, a water filter, or a pico light) is the main physical asset for a project developer, the beneficiaries are, of course, the ultimate customers and data (usage, baseline surveys) is at the heart of the ecosystem.
However, managing and distributing thousands of physical assets per day or month, represents a true headache and operational risks (theft, loss) for many project developers who need to track stock from manufacturing to a variety of distribution channels, passing through agents and ultimately reaching beneficiaries in remote locations. Moreover, for the sake of transparency, most carbon credit standards require the tracking to narrow down to the unique serial number being given and used through time by the beneficiary.
This is where Upya’s inventory management features come in handy. Here is a quick overview of how we can help:
- From pallet to stand-alone product tracking through barcode, QR code and NFC tag reading on the Upya mobile app
- Serial number of assets automatically linked to a unique ID of a beneficiary when onboarding a new beneficiary and throughout the journey of the asset
- Scan In/Out options for staff on the ground to record stock movement and update stock ownership
- Defective unit processing and second-hand flagging
- Mass loading, assignment and transfer of assets
- History of events linked to assets
- Stock levels per product, storage facility and agent
- Management of serialized and non-serialized products
Moreover, Upya’s inventory management module is linked to its data collection capabilities, enabling an all-in-one solution for project developers to streamline their operations on the ground. Experience efficient distribution processes for your carbon credits projects with Upya. Easily manage inventory, track stock effortlessly, and stay updated in real-time.
Upya Collect
With Upya Collect, our offline solution for data collection, you will improve project KPIs and tackle the challenges by implementing the best practices and trends of data collection using all-in-one place digital tool.
With Upya you can address the full cycle: from discovery and onboarding surveys to aftersales and audit, always having respondent profiles updated with the latest data and events. Also, eliminate the risk of double counting, ensure data accuracy, and facilitate seamless management of multiple implementation partners across diverse project locations.