Food manufacturers take stock! How to generate an income from the surplus
Did you know that it is estimated that nearly 15 million tonnes of food is wasted across the UK each year? Though much has been done to tackle food waste in recent years, a large amount of this vital human resource is lost from the food supply chain each year. WRAP estimates that 8.3 million tonnes of food waste comes from consumers, 1.6 million tonnes from retailers, 4.1 million tonnes from food manufacturers, 3 million tonnes from restaurants and 3 million tonnes from other groups1.
The overall value of food waste from the food and drink supply chain is estimated at £1.9 billion a year, which translates to between £360 and £4,000 per tonne of waste. It is therefore easy to see that the potential savings of waste prevention actions are substantial.
For nearly 20 years, Valpak has helped businesses to comply with various regulations that aim to reduce the amount of waste going to landfill. We work with many businesses in the food, drink and hospitality sectors and have helped a number of them to manage their waste streams to seek more effective and efficient ways to manage their waste.
Prevent and reduce waste
In February 2011, the Waste (England and Wales) Regulations introduced a legal requirement for organisations to apply the waste hierarchy when dealing with waste, which means that organisations must take all reasonable steps to prevent and reduce waste. So, what if food manufacturers could generate value from possible waste whilst meeting this legal requirement?
Generate an income from surplus food and ingredients
In order to help food industry customers to further reduce waste, Valpak has been working closely with a company called Takestock. This platform helps to channel stock heading for landfill back into appropriate food manufacturing processes. For example, a farmer with surplus crop that they cannot sell via normal channels can, via Takestock, find alternative buyers and get the best possible market price for the crop that would otherwise have gone to waste. The site is designed to encourage buyers to make an offer and to provide sellers with the best value. On this site, sellers can sell any surplus stock from food to packaging, tableware and equipment.
It is important to note that when items go to waste it is not just the item that is being wasted, but also the time and resources that went into producing it.
By using the platform you can turn a potentially costly problem into a cost effective solution for trading on surplus or problematic stock. It may also provide the opportunity to buy valuable stock at an opportunistic rate and channel it into your local network of customers or supply chain.
Takestock’s platform makes it easy for sellers to find buyers and vice versa. This not only helps businesses to reduce waste, but also helps them to generate an income from unexpected sources. To sign up for this service follow this link.
Achieve Zero Waste to Landfill certification
If your business is looking to demonstrate environmental credentials and achieve Zero Waste to Landfill certification, Valpak provides an independent verification service. This service draws upon an unrivalled knowledge of how waste streams are managed and can help businesses to better manage resources and in turn make cost savings. Contact us today on 03450 682 572 or email firstname.lastname@example.org
1 Food 2030, Defra, London, http://sd.defra.gov.uk/2010/01/food-2030/ (2010)