ScrapTrader says it offers a unique trading and customer relationship management (CRM) platform for the recycled materials industry, and the company’s goal is to digitize the metals sales process, leveraging technology regularly used throughout other industries to collect data, organize processes and create efficiencies.
ScrapTrader was founded by Jay Mentzel, the owner of Ruby Recycling in Lincoln Park, Michigan. He has more than 15 years of experience in the scrap metal recycling industry. Prior to striking out on his own with Ruby in the summer of 2022, Mentzel worked at GLR Advanced Recycling, headquartered in Roseville, Michigan.
Mentzel says ScrapTrader is his vision for improving the chaotic nature of the nonferrous sales process. It offers a way to do business more efficiently with a company’s existing suppliers and consumers, streamlining the metals sales process. Instead of spending hours sifting through emails, texts and WhatsApp, the ScrapTrader platform allows users to focus on the relationship and customer service aspects of the buying and selling process.
According to the company, ScrapTrader software makes buying and selling metal 75 percent more efficient. It allows users to document, track and analyze bids and offers, communicate and negotiate with suppliers and consumers using their preferred methods, captures a more comprehensive perspective of sales data for the user’s company and does not entail startup or switching costs as it works with existing systems.
The ScrapTrader team includes CEO Jennifer Betts, who also is CEO of Recycled Media, a marketing and media company that understands the recycling industry; Chief Financial Officer Ryan Mills, a certified public accountant with an MBA in finance; Chief Operating Officer Ross Lazar; and Chief Technology Officer Dave McKillen, who has been building software for more than 15 years.
More information on ScrapTrader can be found here.
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