“How much?” is the usual response I receive when I advise people outside of the waste industry the purchase cost of Roll On/Off & Chainlift skips.
Suffice to say they are shocked.
Depending on the specification it’s not unusual to pay upwards of £1000 for chain-lift and £4000 for Roll on/off containers.
As operators how do you know how hard your expensive assets are working for you?
I think it’s fair to say that all waste companies make sure their “big ticket” items (e.g. trucks, plant, machinery etc.) are utilised to their capacity, but do we do the same with skip and roro containers?
Think about it. Typically, you send more capital on containers than trucks, but do we really focus on ensuring we maximise the ROI on containers as we should?
One of the many changes I have experienced during my time in the industry, is (quite rightly) customers have become considerably better at waste segregation. We have responded to their demands by supplying a host of different containers to help segregation at source and minimise residual waste.
Save for the odd cross contamination issue this works well and has certainly increased recycling rates.
However, the downside is, inevitably, the same (or reduced) waste volumes spread over more containers, resulting in less frequent service requests per container.
We acknowledge this happens, but as busy managers how often in reality do you really check how frequently the skips you supply to your customers are being churned? (Hands up! As a former operator myself I rarely checked as often as I perhaps should have).
How many of your customers are using your containers effectively as free storage (or pay a nominal rental charge)?
Surely there has to be a way of easily identifying which of your expensive assets are not working for you? We all have them!
Here at PIN our platform provides you with real time information at your fingertips on where your assets are, enabling you to identify which are containers are providing you with the ROI you expect.
In our experience typically 25% or more of containers are slow moving, this can mean anything from 30 days without a movement to over 300 days (and counting)
The information we have provided has enabled the operator to review those customers with slow moving containers with solutions from, implementing minimum schedules, swapping out large infrequent movers for smaller containers and simply putting the asset to working harder for them.
Why spend your hard-earned capital investment on new containers when you can ensure that the assets you have are working for you as they should?
At PiN-IoT we can provide you with the solution to help you manage your assets ensuring you achieve the ROI you expect.
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Written by Ian Berry