The cost of construction materials has increase since the fluctuations which has made construction savings a bigger priority for many within the construction industry.
As a result of Brexit, the construction industry is facing certain times. The uncertainty has started to have an impact with a fluctuating pound that has increased the cost of construction materials.
Since the results of the referendum in June 23rd and the news that Britain will leave the European Union, there has been rumours that have begun about how else the construction industry will be affected.
There are predictions from authorities that there will be loss of up to 8% of construction jobs. There are other predictions that look at unexpected growth last autumn as a sign that the industry won’t be harmed. There is a government review that is currently in process, but nobody knows for certain the impact that Brexit will have on construction companies.
With the uncertain, it doesn’t mean that an action plan can’t take place for the construction companies to minimise the impact of a potential painful Brexit or place you in a better position to capitalise on a positive Brexit.
Regardless of circumstances that may occur to the industry, looking for construction waste savings as price for raw materials increase, will help you prepare you for the storm and seize opportunity.
It’s not recommended to wait until the outcome of negotiations before taking positive steps. It’s suggested that you start looking at savings today, ensuring that you’re better prepared for Brexit no matter what happens.
1. Better your Planning
It is researched that the construction industry wastes 100 million tonnes of material per year. So forget about your landfill cost because that material you’ve paid for, is being wasted. You’ve already paid once and you now need to pay again to get rid of it.
This is why it’s recommended that you follow this step and improve your planning. If you don’t over order, you’ve already made a saving before evening considering your waste. So, take some time to plan out your storage, and you’ll lose even less expensive material to environmental damage.
2. Look for ways to re-use
No matter how well you great you plan, there is always going to be waste created. There will always be left-overs on-site, but that doesn’t mean it should be destined for landfill. If you organise your waste properly, you may find that off-cuts are still in a useable condition for a different purpose.
If you find it hard to find use for your leftovers, you can still avoid landfill fees by considering trading your excess water materials with companies that would find use of them and doing this keep your waste management costs down, and finding opportunities for the materials you need will keep your purchasing costs low.
3 Larger economies
Large organisations tend to find better bulk deals. That’s just the way it is. But you can take advantage of this. If you find a waste management company, you can benefit from the sort of costs efficiencies that only come from nationwide-companies
It’s also recommended to keep in mind that larger companies known that larger waste management companies may well have already started their Brexit Plan that will almost certainly include finding their own waste management savings and passing them on to businesses like yours.
4. Keep updated with the legislation
Even with the civil service having their hands full unrevealing decades of EU laws and their effects on the UK, it doesn’t mean that they’re not keep a close eye on the construction industry’s compliance with legislation. Companies can fall short of the rules and risk a financial penalty that can be severe enough to offset the good work of all your waste management saving efforts.
If you find it difficult to find the time to keep an eye on the latest rules and regulations – let alone handle the paper pile that comes with compliance, a waste management company will definitely help.
Regardless of the outcome of Brexit, be it soft, hard or somewhere in between, looking for sensible practical savings will make sure that your business is prepared to survive and thrive.
By looking for solutions to reduce your waste you generate, and finding partnership to reduce your costs and keep you compliant with environmental legislation, your construction firm at a strong structure. And If the foundations of tat firm footing include reused and recycled waste then the better.
Take-ins
- The referendum result has led to uncertainty with the construction industry – but there are practical steps that businesses can take today.
- Findings to re-use materials will help businesses reduce the waste they generated and save money at the same time.
- Material prices have risen so better planning can keep initial outlays down and generate savings on landfill costs.
- Larger economies will work well in your favour – which is why finding a national waste management partner is recommended
- Being uncertain isn’t an excuse to lose sight of waste management legislation changes. Keeping on top of the rules will prevent fines and fees.
Source: Reconomy