Transforming Your Environmental Services Company with Technology: Vol 5 - Data Driven Decisions

June 4, 2024

It is no secret that we live in a data-driven world.

Since the advent of the internet, information has been more accessible than at any other point in human history, and this widespread availability has raised the bar for decision-making in a business context. The information is out there, and the more you have, the better positioned you are to take advantage of it – at least, this is the case for most businesses.

The hazardous waste industry presents an interesting set of challenges in this era of information. For one thing, it has been slow to adopt new technologies, meaning that much of the pertinent information in this space has never left pen and paper. Because prices are so inconsistent in the waste industry, this knowledge gap can wreak havoc on your margins. In some cases, even from one month to the next, it can suddenly become unprofitable to send a waste stream to the same disposal facility you always have!

It is for these reasons that the waste industry is ripe with potential for a digital transformation. Digital solutions play an essential role in distributing the information needed to run your business. Firstly, digital solutions provide an easily accessible repository of information that anyone can see. Furthermore, digital solutions ensure that information is transmitted as quickly as possible, keeping things up-to-date and accurate.

WASTELINQ is a digital solution designed specifically for the hazardous waste industry.

A core part of our mission here at WASTELINQ is to make the waste industry as transparent as possible. For this reason, WASTELINQ tracks all of your costs and prices in one central database that can be accessed at any time. This pricing transparency can help you to see price increases in real time and make sure you’re not losing margin due to a lack of information. With WASTELINQ, you always know what you’re being charged, what you’re charging your customer, and how much money you’ll be taking home from any given transaction.

In a data-driven world, the only way to compete is to have information at your disposal. WASTELINQ provides the transparency you need to make the best decisions for your business by making your costs, prices, and waste movements as accessible as possible.