Top 5 Industries that Need Waste Expense Reductions

Not sure how we can benefit you? Think your industry may not actually be helped by waste review? Unsure about the possible ROI?

Below, you’ll learn how a waste review can find your hidden disposal problems - and your unique solutions.

We’ll talk about the five top industries that are sitting on waste savings:

  • Multifamily

  • Manufacturing

  • Retail

  • Restaurants

  • Medical

Regardless of industry, our clients save an average of 10-30% on their waste expenses - and not just 50% of the time. Not 60% of the time. We find savings 90% of the time.

Multi-Family Management / Apartments

Multi-family properties need a waste review because of the amount of trash they produce. An individual creates an average of 3 pounds of waste every day, which means that most apartment complexes create 120 pounds of trash every day!

Residential waste is relatively simple to transfer from your facility to a dumpster, but that doesn’t mean it’s inexpensive. If multi-family complexes are not using the right equipment, they will easily overpay by thousands of dollars on waste services.

Compactors help managers realize significant savings over time. Compactors crush the garbage in a specially made cannister, making pick-ups less frequent. And generally, the fewer pick-ups you have, the less you’ll pay. While they are a significant investment up front, they pay for themselves as time goes on.

Manufacturing

Manufacturing factories need waste expense reductions because they often don’t sell their by-products. Glass, plastics, and cardboard can all be sold to other businesses or even other manufacturing plants. Are you missing out on a revenue stream?

You and your company might also want to consider industrial recycling. It’s another possible way to add a revenue stream. This could be a good idea for you if you:

  1. Are overspending on waste, recycling and landfill costs. 

  2. Want to reduce raw material expenses.

  3. Producing too many leftover materials.

Some metal producing companies, have been saving roughly $1,300/ton from their recycled metals. Many companies have also benefited from reusing recycled materials to produce new products. Companies, such as Nike, have cut a large amount of their raw materials expenses because they are now able to reuse recycled materials.

Retail Properties

Retail properties need a waste review because they typically overspend on waste as well. They often have high output of trash, but we find that their current waste management process does not typically align with their real needs.

They may be getting too frequently serviced. They may have the wrong equipment. They may have too little equipment.

All of this is exacerbated by the high output of trash. The more of a service you need, the more critical it is that that service is efficient.

In other words, if you are paying expensive rates for trash and you have a high output you’re going to overspend.

Waste Expense Reductions at Restaurants

Restaurants typically need expense reductions because they create enormous amounts of wet food waste. For this reason, it’s critical to have the right equipment on site. The right equipment can help you reduce your waste expenses!

For some restaurants, we recommend getting a compactor for the same reasons we’ve listed above for multi-family. But we also recommend it because it does a really good job containing food waste - and the smells that can accompany them. Dumpsters are functional for the this purpose, but they’re not going to be able to contain odors as well as compactors will.

Medical Waste Disposal

Medical waste or red bag waste is a critical part of your overall waste management process. It often involves hazardous materials that must be disposed of with care.

Medical waste is anything that could contaminate blood borne pathogens. Proper disposal of any medical waste containers is absolutely critical. 5.2 million people worldwide die from conditions related to poor medical waste disposal - and this could be completely eradicated with proper procedures in place! 

Do your part to ensure that medical waste is safely and effectively disposed of. You are protecting the lives of everyone who enters your facilities.

At least 50% of companies nationwide are overpaying on their medical waste disposal. Why? Because regulated medical waste often comes with “special” pricing. Medical waste services are notorious for their exorbitant fees and frequent price hikes. 

I wish there were some good reason for this - a lot of people assume there is! They think that red bag disposal is expensive because the process requires people to handle dangerous materials. Or they think that paying higher prices means better quality of service. (It can - but it doesn’t always!)

Medical waste service providers will often hike prices because your contract allows them to do so.

Because of this, audits - and constant monitoring - are imperative. You need an independent third party to review every aspect of your medical waste management process.

Your current vendor isn’t going to disclose your current savings opportunities. They’re not going to tell you that another vendor in your area charges 95% less (as we recently discovered for one of our clients)! They’re not going to show you what terms in your contract are costing you thousands every year. We will.

What questions do you have about waste expense reductions? Let us know in the comments below!