Retail waste and recycling solutions use IoT-enabled sensors to monitor receptacles’ locations and fill-levels to optimize collection schedules and routes, allowing retailers to reduce operational costs and increase waste management efficiency on-location.
IoT-enabled retail waste and recycling solutions eliminate the need for retailers to monitor the fill-level of their waste receptacles and pay for additional pickups.
Smart waste collection solutions allow haulers to service receptacles only when needed, reducing operating costs and optimizing routes, to save on fuel and time. By switching to a flexible collection schedule, waste collection companies stand to save up to 28 percent on operating costs alone. It’s no wonder the smart collection technology is anticipated to become a $223.6 billion market by 2025.
Smart waste collection solutions work by employing sensors to measure receptacles’ fill-level, temperature, tilt, and weight. When a bin becomes full, the company receives an alert and it is added to an upcoming route – meaning that, instead of servicing every customer and emptying dozens if not hundreds of half-empty bins, companies only drive to sites where bins are full.
Key Benefits of IoT-Enabled Retail Waste & Recycling Management
- Increase operational efficiency by optimizing collection routes – reducing fuel and labor costs.
- Reduce costs associated with waste collection and pickup for retail locations.
- Eliminates retailers’ concerns about overfilling waste receptacles and associated waste management fees.