2016 BANKSIA CIRCULAR ECONOMY AWARD

TIC Group, VIC

As a wholly owned Australian company TIC has embedded circular economy principles in its operation and design for over 25 years, beginning with a world first hanger re-use program for Australian retailers in 1989, to the launch in 2016 of Australia’s first automated mattress deconstruction plant. TIC is committed to offering its Retail customers an option for problem items that would otherwise be considered waste. As company that is built on innovation, TIC creates bespoke solutions that deliver process efficiency, reduces operational costs, and environmental outcomes whilst allowing its customers to focus on their core business. TIC Group began by transforming the way retailers and manufacturers use garment hangers, now its offer has extended to a range of solutions for managing store returns (creating a sustainable pathway for re-use, re-purposing of products), online order fulfilment, in-store marketing solutions, solvup product repair & troubleshooting software platform, automated mattress deconstruction and medical equipment supply. Embedded in TIC Group’s operations are the principles of circular economy, that is, developing smarter business design and technology to extend the lifecycle of a product. Furthermore, TIC’s core objectives have never changed, by taking what is considered complex and making it simple – finding gaps in the market and creating transformational change that questions day to day processes, and therefore allowing a range of solutions to their customers. TIC has innovation in mind and sustainability at heart, a combination that has continues to deliver. TIC Group is The Ideas Company.