5 Easy Waste Tips That Will Reduce Your Waste Expenses
If you take the time to do even one of these steps, you’ll save money on your waste expense in the long run.
Most companies have waste problems they just don’t know about. Their contracts are poor quality, their equipment is inefficient, and their service levels are inaccurate.
But the tips below will address each of these issues and help you stop overspending.
Track your contract expiration date.
Eliminate your auto-renewal clause.
See if you can lower your service levels.
Ask your hauler for pricing options on other equipment.
Get a waste review.
The little extra bit of time it will take to put these tips into action can translate into thousands of dollars in savings.
Track your contract expiration date.
Most companies don’t know when their contract expires and they let their contract renew under the same terms they currently have. You should only allow this to happen if you know for a fact that your contract terms are stellar (spoiler alert: most aren’t).
If you don’t know your contract expiration date, you won’t have time to evaluate your services. You won’t have time to see if other haulers have less expensive prices. And you won’t save what you could have saved.
Eliminate your auto-renewal clause.
This tip goes hand in hand with the one above. You need to know when your current terms of service expire, but you also need to cancel your auto-renewal clause.
Most contracts have this clause. It allows your services to renew for another contract term. But, as we mentioned above, most contract terms aren’t great. They’re costing you. If your contract renews, they’ll keep costing you - sometimes for an additional five year term!
When you cancel your auto-renewal clause, you don’t have to renew services with your current waste disposal provider. You can, but only if you are assured that your bottom line is protected and that your contract will include all the clauses it needs to do so.
See if you can lower your service levels.
We estimate that 70% of companies get too much service. The reason is simple - the more you get garbage service, the more you get charged.
If your dumpsters are half empty when they are serviced, you’re getting too many pick-ups. See if you can reduce your service days, or the number of pick-ups. This is one of the easiest ways to start saving almost immediately.
If you get charged $100 for each pick up, and you get service four times a week, you’re paying $400 each week. But you may only actually need two of those pick-ups. That’s $200 a month ($2400 a year!) that you could be saving!
Making this change can easily save you thousands of dollars in the long run.
Ask your hauler for pricing options on other equipment.
If you have the space capability, you may be able to get larger dumpsters. This can translate into fewer pickups, thus saving you on waste expenses.
Ask your hauler what kinds of equipment options they offer, and then ask your representative to come up with quotes for different service levels on each. You may very likely pay less for smaller dumpsters or fewer pickups, but the exact amount will differ based on what you hauler charges for pickups and equipment.
Get a waste review.
A waste review is a thorough analysis of every waste stream at every location in your portfolio. It’s typically completed by an independent waste reviewer, someone who is not affiliated with the haulers and is thus more naturally aligned with your interests.
As experts in the waste industry, our zero risk audit can only help you save. This review has a 90% success rate and it’ll find where you’re overspending and show you the exact steps to take in order to protect your bottom line.