While the typical cost of waste is between 4-5% of company revenue, it can actually reach as high as 10%. In the logistics industry, that includes inventory, packaging, transportation, employee motion and the cost of wasted time.
At NWA, we implement a combination of real-time data, automation, artificial intelligence and state-of-the-art waste equipment to both minimize waste throughout your ongoing warehouse process as well as to reduce waste volumes at the end of a material’s life – resulting in an increased ROI and protected profits.
Learn how we can help your company save up to 20% compared to your current waste solution program, while helping you reach your company’s ESG goals.
Reduce Internal Costs by Optimizing Your Supply Chain
It’s important to realize that waste doesn’t only occur in the form of discarded materials - but also in the form of labor, time and workflow efficiencies. That’s why logistics facilities managers need to address waste and recycling services with a holistic approach, tailored to each individual location’s needs. This diligent approach provides the greatest savings in the fastest time, prioritizing the areas of the business that are costing you the most.
Procedural operations and delivery procedures should be reviewed in order to eliminate wasteful practices. Delivery procedures should be examined to identify key areas of waste such as pallet loss and breakage, and wasted time coupled with excess materials generated when breaking down bulk deliveries.
Even with a standard waste and recycling program already implemented, analyzing your supply chain continuously and auditing the systems in place will help you identify where waste is occurring most frequently, how much it is costing you, and how to effectively design it out of the process.
We know that working in logistics is a high-pressure environment, and simply implementing these processes can seem daunting in addition to your already heavy workload. Our team of experts at NWA disrupts the status quo by proactively fighting for you - continuously analyzing your waste streams at every turn to research and suggest solutions like these that will keep your operations cost-effective.
Protect Your Profits by Choosing the Right Equipment
Always use the right tool for the job. It seems simple enough, but it’s not always so cut and dried and the solution isn’t always as readily apparent as it may seem in a dynamic waste and recycling environment.
Choosing the right waste equipment or technology that is tailored to your unique operational requirements is crucial to the financial health of your company, though often overlooked. To do so, operational processes need to be investigated - including evaluating the waste material profile, volumes, conveyor speeds and outputs.
Given that certain processes require more in-depth expertise to adequately measure waste equipment efficiency, it’s often most time and cost-effective to defer the job to experts in the waste management field. Since purchasing new waste equipment can be quite costly, your team should have the most comprehensive data on hand, coupled with a partner with tried-and-true experience with the equipment, to make the best decision possible.
That’s where a waste partner like NWA can help protect your profits. In fact, we recently helped a leading logistics company save $150,000 by evaluating their waste process and recommending a more cost-effective, yet more workflow-efficient equipment solution than they originally believed they needed. Click the link here to learn more.
Achieve Your ESG Goals with Responsible Waste Solutions
Sustainability is a top priority for companies across industries now more than ever before. As companies launch these public green initiatives, they look to partner with service-providers who also prioritize corporate responsibility as a social responsibility - including providers of waste and recycling solutions.
To put this in context, the logistics supply chain produces waste generation at every turn. Much of those materials are related to plastic packaging which poses a significant environmental issue on its own. In fact, an estimated 8 million tons of plastics are going into the ocean annually.
As the effects of climate change worsen, logistics companies’ ESG (Environmental, Social, Governance) objectives are more important than ever. The steps to achieving optimal ESG performance are crucial.
Achieving these sustainable waste management goals can not only cut operational costs, reduce a company’s carbon footprint, and improve resource efficiency - but they’re also becoming more widespread considerations for investors and regulators alike. Successful logistic companies should be prepared.
Partnering with an experienced waste solution provider like NWA can help reduce the resources consumed by your business, ensure you remain in full compliance with all necessary waste and recycling legislation and align your waste operations with your ESG objectives.
We Know Logistics Waste
Read about the waste problems facing the logistics industry and how NWA can help.
Optimize Your Logistics Waste Solutions
If you would like to learn how NWA can help optimize waste solutions for your logistics operations, contact us today to set up a time to talk with us.