Reducing waste costs is a crucial goal for many businesses. And the good news is, you don’t have to wait until your waste contract ends to reduce costs. Here are some effective strategies to help achieve this:
- Conduct Waste Audits: Regularly analyse your waste streams to identify areas where waste can be minimised. This helps set reduction targets and track progress
- Implement Recycling and Composting Programs: Incorporate recycling and composting practices into your daily operations. This reduces the amount of waste sent to landfills and can lower disposal costs
- Reduce Packaging Waste: Choose products with minimal and recyclable packaging. This prevents waste from being created in the first place and can significantly cut costs
- Switch to Reusable Products: Use reusable bags, bottles, containers, and other products to prevent waste from disposables. This not only reduces waste but also saves money in the long run
- Optimise Processes: Focus on minimizing resource usage, such as energy, water, and raw materials, by optimising processes and adopting lean production methods
- Promote Reuse: Encourage the reuse of materials, equipment, and packaging within your operations. This can reduce the need for new purchases and lower waste generation
- Engage Employees: Educate and engage employees in waste reduction efforts. A company-wide culture of sustainability can lead to more effective waste management practices
- Invest in Technology: Consider technological advancements such as waste-to-energy systems and eco-friendly materials for more efficient waste management
- Review and Refine Strategies: Continuously assess and refine your waste reduction strategies to adapt to evolving regulations and best practices
By implementing these strategies, businesses can not only reduce waste costs but also contribute to a more sustainable future.
How Total Utilities Can Help
In 2024, the team at Total Utilities successfully managed $13.7 million worth of Waste and Recycling tenders, achieving impressive savings of $3.5 million for our clients. These savings ranged from as high as 59% to an average of 26% and were made up of better contract terms as well as increased landfill diversion.
If you need further assistance, Total Utilities offers procurement and advisory services to help you evaluate your options and make informed decisions about your waste contracts. Check out our services brochure.