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.…
One of North America’s largest National banks came to National Waste Associates (NWA) with a massive and incredibly confidential project that had a very tight timeline.
Over one weekend, while more than 300 branches across the country were rebranded, NWA provided confidential pickups for a variety of waste materials, completing the entire project for less than half the client’s original budget, saving them over $45,000.
One of the largest North American banks had a complex, nationwide confidential disposal project with a very tight timeline.
Over one weekend, they were going to rebrand more than 300 bank branches across the country, and every location required the immediate, confidential disposal of a variety of waste streams.…
We often talk about the importance of bringing down the total volume of waste that your business produces, but when your sites have compactors and containers that are serviced on a regular basis, then your waste management partner should be actively working to bring those individual weights up. We look at this process, known as load optimization, or tonnage management, to see why it’s so important for your operations.
Why is Load Optimization so Important?
When they’re not being actively managed, site waste practices are generally less than optimal. Containers get filled quickly and without thought for how to achieve the optimal tonnage before they’re full to the brim and needing collection, meaning that many are full of air and not waste material.…
When the major bookseller Barnes & Noble contracted the services of NWA, their waste management was unconsolidated, with hundreds of invoices and different service level agreements. Costs were out of control and local managers were forced to take time away from their core business to deal with haulers.
NWA reviewed every location’s waste and recycling process, aligning the best service partner to each site’s specific requirements. Services were centralized and standardized, significantly lowering expenditure and ensuring complete control. Our compliance experts then eliminated the risk of penalties for non-compliance with waste legislation across the entire organization.
Barnes & Noble is a Fortune 500 company with over 600 retail stores and distribution centers located across 50 states.…
In the U.S., the magnitude of food waste at a national scale is astonishing; three times more food is wasted than it would take to feed every single hungry person in the country. Meanwhile, the restaurant sector generates 11.4 million tons of food waste annually, at a cost of billions of dollars.
In this second article of our two-part series on improving profitability through waste minimization, we look at the technologies that can help drive savings in not just your waste bills, but in procurement, energy and labor costs.
Smart meters provide a simple way to monitor and track the food waste from a professional kitchen, and when used as part of a regular auditing and monitoring process (see our part 1 article in this series, “Strategies to Minimize Waste and Save Money” for more detail), they can make a significant impact on pre-consumer waste, reducing procurement and waste disposal costs.…