After working 15 years in the industry, we’ve found that successful WtE companies differentiate themselves from less successful ones by acquiring more projects. The biggest challenge they face in growing is the time it takes to reach full capacity. It is by achieving smooth operations that are repeatable and scalable while providing transparency to investors that set a company apart from the rest.
Digitizing the procurement process has proven over and over again, in multiple industries, to help streamline operations, provide analytics that can be used to identify and optimize weak spots, and improve competitive advantage.
Making a digital transformation is an involved process but not as scary as it sounds. In this article, we’re going to share three of the core features of EnMass Energy’s proprietary platform and how it connects WtE providers with suppliers for the end-to-end digital transformation of their procurement processes.
Procurement Analytics
Modern WtE providers know they need data to understand where their problems are.
By digitizing their processes they can capture data for retroactive analysis, make proactive decisions, pinpoint weak spots, and monitor for continuous improvement.
EnMass Energy’s proprietary platform serves as a single source of data at the point of interaction, which can later be exported for analysis.
From that analysis, the business owners can set benchmarks and use EnMass’s powerful analytics as a base point to begin auditing their processes and operations, identify areas for cost savings, align on strategic goals, and get to full capacity faster.
Streamlined Vendor Management
Traditionally, WtE providers have managed their procurement processes via spreadsheets.
Unfortunately, as the business grows, most project managers find that this is not scalable and doesn’t allow them to be proactive in planning because they spend most of their time performing outreach and following up with vendors and transporters, using valuable time playing phone tag.
Not only does this waste time, but it could also be costing their business money and making it take longer to achieve full capacity. When WtE providers are in a reactive mode, by definition they cannot be dynamic and make changes before loss or downtime occurs.
With EnMass’s proprietary software, they can streamline the entire process to save time, money and avoid costly downtime for their machinery.
This frees up time for subject matter experts to review data, track trends, and make strategic decisions for the business. Users can also:
- Create and send invoices,
- Communicate with and pay vendors,
- Get real-time updates on vendor status, and
- Schedule shipments with ease- all in a single platform.
Single Source of Truth
For now the WtE industry is disparate by design, but internal processes don’t have to be dictated by the market anymore. EnMass is empowering WtE providers to create one cohesive, single source of truth to manage the procurement process from start to finish.
Instead of having vendor data in various locations, or having aspects of the procurement process managed by siloed departments, project managers can now create cohesive, optimal operations.
Our proprietary platform is a centralized system for all supplier data and provides a report card for suppliers by distance, quality, consistency, and cost features. This empowers businesses to:
- Get to full capacity faster
- Increase cost savings
- Save time
- Centralize relationship management
Chart a Digital Path Forward with EnMass Energy
More and more businesses are embracing digital transformation to modernize their operations and increase their competitive advantage. The Waste to Energy industry is no different.
The EnMass Energy platform allows WtE projects to streamline their procurement process and connect all the WtE projects parties – suppliers, transporters, trucking companies, warehousing crew, processors, and last-mile deliveries – through a single, secure cloud-based platform.
We help energy producers optimize their procurement process and suppliers make better use of waste while serving a greater mission of reducing waste in landfills.
Learn more by booking a demo today!
