"Resource Library" Posts
The world’s population is predicted to reach 9 billion people by 2030, yet we are already consuming more resources than the planet can provide now. Many companies are tackling this problem by embracing the “circular economy”, creating closed material loops to ensure that value isn’t lost at the end of a product’s first life.
For manufacturers, this involves designing products and materials that can easily be deconstructed and reused or recycled. For non-manufacturing businesses, it is about purchasing products and materials that are intrinsically reusable or recyclable, and then structuring the business processes in such a way that the highest proportion of materials can be reused or recycled.…
The waste management industry has a bad reputation for hidden fees, erroneous invoicing and unannounced price increases, and it’s not without reason. In this article, we highlight one of the new ways that other waste companies have found to hide fees from their customers, along with some of their favorite strategies to squeeze more money out of your account.
This is a new mechanism by which large national haulers have started to roll all of their additional fees together into one line item.
Previously, you may have received an invoice with three or four additional line items, for such things as:
- Fuel / Energy surcharges: Calculated as a percentage of all invoice charges, apparently to allow for increases in fuel rates over the course of the contract.
Over the span of two years, National Waste Associates’ (NWA’s) team of experts worked tirelessly, conducting extensive load optimization exercises to reduce a manufacturer’s waste spends by $1.7M.
A national manufacturer with 62 locations across North America had an uncontrolled waste cost center, and disposal costs that were sky high. They needed to uncover the serious inefficiencies in their current waste management practices and came to NWA with three core requirements:
- To reduce waste spend across their entire portfolio
- To improve oversight and metrics in order to achieve greater control
- To increase recycling rates and divert more material from landfill
Remodeling and renovation projects are subject to tough budgets and operate at a frantic pace. Project managers rarely have time to consider waste management, but as a result, they may be ignoring a potentially huge cost center.
The Benefits of Best Practice Waste Management
On paper, waste disposal may be under 1% of a construction project’s costs. However, the disposal cost is just one of the elements that contribute to make up the ”true” cost of waste.
When taking into account the cost of the original materials, transportation and storage, and the labor required to fill the dumpster, the true cost of waste in the construction industry is generally quoted to be 10-20 times greater than the disposal cost.…
Many investors and customers have expressed that they are increasingly integrating a company’s ESG (Environmental, Social, Governance) performance into their investment decisions. The consensus is that a company’s ability to manage environmental, social and governance matters demonstrates the leadership and good governance that is essential to sustainable growth.
Sustainable waste management is a key operational area where technology companies can improve their ESG performance, impacting upon their carbon footprint, operational costs and resource efficiency.
Reduce Your Carbon Footprint
By conducting analysis of the weights and fill-levels of the containers at your sites and comparing these against the optimal weights that they should be able to achieve, you will be able to identify if your haulers are emptying containers too often.…