CPMA has officially launched the CPMA Waste Efficiency Tool. Developed collaboratively with Value Chain Management International (VCMI), the online resource provides businesses with a proven means to generate high returns on investment (ROI) by addressing waste and recurring procedural problems in a structured manner.
Businesses having already used the tool have improved their bottom line by at least 10 percent.
Presented in 14 easy-to-navigate steps, the resource contains clearly understandable processes and techniques that are most commonly used at the start of a continuous process improvement initiative. Examples of inefficiencies that the tool helps to address include food waste (products/produce), equipment failure, lost production, energy, labour, packaging, transportation and more.
Business that have completed the online recourse have achieved reduced labour costs by having implemented more effective daily management systems. They have also reduced their transport costs by having modified transportation routes and protocols. They have reduced the input costs by having lessened the occurrence of wasted or damaged products, and increased revenue by having accessed new markets or increased sales in current markets. Finally, they have achieved increased margins by having improved the consistency and predictability of product quality.
The CPMA Waste Efficiency Tool is exclusively available to CPMA members.
Members who want to register to access the tool, click here.
Non-member companies interested in accessing the tool, click here.