Energy costs are set to rise markedly between now and 2020, so manufacturers could see a 2% increase in production costs from energy alone. Add to this fluctuation in the cost of materials and the increasing costs of water and waste management and a large number of manufacturers could hit real trouble.
There is hope, however. This situation can change. IfM’s investigations show that best-in-class manufacturers improve their resource efficiency at around 7% year-on-year, giving them a 26% resource efficiency advantage over their peers every five years. Over the course of a decade, manufacturers could cut their resource intensity by a staggering 50%. If the average UK manufacturer achieved this, they could boost their profitability by 12% per annum – and the country as a whole could save £10bn. Let that sink in.
Turning ambition into action
Once those figures have sunk in, know that the reality gets better. If the benefits of improved resource efficiency are a silver lining for manufacturers, there’s also a gold lining: the solutions exist to make these benefits a reality – and some of the world’s leading manufacturers are proving that they work.
One of these solutions is the Bee. A cloud-based software tool, the Bee makes it simpler for manufacturers to accelerate the progress of their existing resource efficiency programmes. So far so good – but how?
Let’s take a step back and look at the facts. While best-in-class manufacturers are improving their resource efficiency at a rate of 7% per year, the industry average is a mere 1%. Why? Take extremely busy companies with huge numbers of competing priorities, add difficulty in managing performance variation between sites and a lack of knowledge and tools to help, and you get slow progress on environmental goals and numerous missed opportunities for cost-saving.
Enter the Bee – the tool designed to make resource efficiency improvements simple and achievable for all manufacturers. From best practice action lists to fill companies’ knowledge gaps and change management features to tackle employee engagement head-on, to multi-site dashboard reporting which increases the visibility and recognition of progress, the Bee helps manufacturers to smash hurdle after hurdle.
Companies such as Stanley Black & Decker, AB Connect and Interface are leading the charge on doing more with less by setting and working towards ambitious sustainability targets, using the simplicity and clarity of the Bee to turbo-charge their operations.
“The Bee enables us to connect with peers in other organisations, share best practice internally and see a clear ROI linked to cost. It’s a simple tool that’s easily understood by everyone and it’s proving invaluable to our sites.
The metrics available in the Bee allow us to see what actions are in the pipeline, what actions have been closed, the reductions being made in carbon, energy, water and waste – and of course the return on investment connected with these areas.” – Joe Adams, Corporate EHS Director and Stanley Black & Decker