‘Single-Serving’ Retail Waste Management Practices
This is the first article of a two-part series examining a future in which retailers can better maximize profits while eliminating waste streams. Today, we talk about the possibilities for an optimized waste management future through the lens of Smarter Sorting’s “Dynamic Routing” system.
This may sound like the start of a joke, but it’s not: A regulated waste hauler pulls into a mall parking lot lined with multiple retail stores.
Stay with me now.
On this trip, the hauler picks up waste from only a fraction of these retail stores because the hauler views each retailer as a single, unconnected entity. For example, even though “Store A” sits next door to “Store B”—and both businesses currently have similar waste volumes and hauling needs—the hauler only visits “Store A” (despite the fact a same-day visit to “Store B” would have spared the expense of a second journey later that week.) This siloed, single-serving approach to waste management is both expensive and inefficient for the retailers and the waste hauler. And currently, it’s all too common.
The punchline: this is no laughing matter.
Now imagine a different scenario, one in which that same hauler pulls into the parking lot and visits all of the retailers in a single day, eliminating the need for another visit anytime soon. Moreover, each retailer has already pre-scanned and labeled their waste for the hauler, recording this real-time data on a cloud platform that both the hauler and store can access. This technology allows retailers and waste companies to partner in the most efficient ways to limit waste, reduce costs and function in an environmentally conscious manner. Furthermore, through collaboration between the hauler and the pool of mall retailers, hauler expenses may now be shared between multiple stores (instead of just one or a few)—reducing costs for all. So is this a pie in the sky?
Not for Smarter Sorting.
A Clear and Profitable Vision for the Future of Waste Management
The Smarter Sorting platform was built to provide retailers and their waste haulers with shared access to data regarding regulated waste management. The result: a combined technology program that enables seamless in-store management in which retailers can cut their regulated waste costs by an estimated 50-90 percent and waste haulers can realize gains in operational efficiency and disposal accountability.
With Smarter Sorting providing comprehensive regulated waste traceability for both waste haulers and retailers in real time, all stakeholders can be on the same page with the same shared goals: to realize cost savings, minimize waste, reduce environmental impacts, and create an environment of safer, better-trained employees. This process starts by improving how waste is currently hauled.
No More Retail Waste ‘Single-Servings’
Smarter Sorting technology is positioned to eliminate the siloed approach often used by waste haulers when picking up loads because the technology helps haulers see retail clients as part of an ecosystem, connected by location, time and shared regulated waste needs.
Leading the charge against these ‘single-serving pickups’ would be Smarter Sorting’s “Dynamic Routing” system, which would provide haulers with visibility into retailer waste volumes. This information would help ensure efficient, timely pickups coupled with real-time monitoring of waste compliance windows. In its current state, this routing system is estimated to reduce hauler stops by roughly 20 percent. Bottom line: limited stops mean limited expenses.
In other words, this future may not be funny—but it could be sustainable.
Join us for our next article in this two-part series detailing how an optimized retail waste management future will feature a marriage of big data technology and reliable, old-fashioned business relationships between retailers and waste haulers.