Revolutionizing Waste Management: A University’s Journey to Efficiency
Acquire Insights
Supporting Australian project and procurement teams within corporates to buy better and faster.
A university in southeast Queensland faced a challenge that threatened both its budget and sustainability goals. They had contracted a waste management provider to streamline operations and reduce landfill dependency. However, when COVID-19 hit and campus activity plummeted, the expected cost savings never materialized. Instead, waste management costs stubbornly stayed the same, raising serious concerns.
The Turning Point
Despite clear contract terms and strict penalties for non-compliance, the provider failed to deliver on improvement initiatives. Recognizing the need for expert help, the university brought in Acquire Insights to untangle the complexities of their waste management operations.
Uncovering Hidden Costs
Our deep dive into waste pickup data revealed the university was being charged for unperformed services and overbilled on certain rates. By benchmarking costs across campuses and waste types, we identified significant discrepancies and provided the university with actionable insights to adjust bin sizes and optimize their waste management strategy.
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Strategic Solutions, Tangible Results
One key discovery was that smaller, unweighed bins were costing more than larger, weighed ones. By recommending optimal bin sizes and addressing logistical challenges with larger trucks, we helped the university achieve significant cost reductions without sacrificing service quality.
The Outcome
With our strategic recommendations, the university not only cut costs but also gained control over their waste management operations, aligning their efforts with broader sustainability goals. The result was a more efficient, cost-effective system that supported their Environmental, Social, and Governance (ESG) objectives.
What’s in It for You?
This case is a clear reminder for CFOs, COOs, and Heads of Procurement: there’s often more beneath the surface of your operational costs. By taking a closer look at the data and challenging assumptions, you can uncover hidden inefficiencies and unlock significant savings.
Want to learn how to apply these strategies to your organization? Visit our website to read the full blog article and discover how Acquire Insights can help you optimize your operations and achieve your business goals.