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Companies have emerged from the depths of the recession leaner, but financial managers are still concerned with cutting costs with only modest recovery predicted to take place over the next two years. This is especially true in the construction industry, which was particularly hard hit by this recession.
The largest component of solid waste in the United States is construction and demolition debris. Companies can save money by keeping it out of landfills. Smarter garbage disposal can increase the useful life of the landfill by reducing what is put in and decrease a company's disposal costs. This also can create a less-expensive supply of recycled material.
Construction firms typically place their garbage in Dumpsters and waste haulers separate out recyclable materials. About 85 percent of materials are sorted out, and the rest goes into landfills.
One local company was able to reduce its overall cost-per-ton of construction and demolition materials and shrink its disposal fees by 20 percent by sorting its own waste. As a bonus, the company was able to sell the recyclable materials to produce profits that previously went to the haulage company.
Deena Kaye is a director in New York, Connecticut and Rhode Island with Expense Reduction Analysts, a worldwide network of consultants specializing in finding extra profits by reducing expenses in non-core categories. She can be reached at 800-656-7270, Ext. 136; 203-550-2094 (cell); or DKaye@expensereduction.com.
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