Archive for April, 2021
Retail is an incredibly profit-driven industry – and while there are many methods to improve your success, one of the most reliable involves eliminating unnecessary costs. Waste is one such cost center that shouldn’t be ignored. As with all direct costs, any savings generated by reducing the volume of waste goes directly to your bottom line.
Most retail firms have waste and recycling programs that have been in place for some time, but significant cost saving opportunities still exist by first identifying where waste is occurring and then designing it out of the process entirely.
Some of the greatest benefits from this revised approach are:
- Reduced environmental impact and disposal fees
- Improved regulatory compliance
- Increased profits
- Stronger corporate image
With companies being measured more and more on their environmental performance as well as their financial capabilities, and with stricter requirements coming due to ESG, it’s more important than ever to make sure that your waste management operations are as sustainable as they can possibly be.…