Recently, Business Week published an article on the tangible impact of sustainable business practices and why they are becoming attractive for CEOs. The intangible impact can hardly be ignored either as both provide cost savings.
Sustainable business practices are what many consider “out-of-the-box” solutions. Many times, the return on this type of solution is comparatively substantial to an “in-the-box” solution and should be considered.
For example, corporate giant PepsiCo’s Frito-Lay unit is putting 176 all-electric box trucks on the road throughout the United States. The trucks are expected to cut PepsiCo’s diesel consumption by 500,000 gallons a year. At $3 a gallon, that’s a $1.5 million annual savings.
At Silverback, our cost reduction strategies include both “in” and “out-of-the-box” solutions such as these with an ultimate goal of improved cash flow for our clients.
