Waste Management Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Every organization and its procurement team look forward to negotiating the best deal while procuring a set of products or subscribing to services. Rate benchmarking involves price/cost comparison of more than one set of products/services to analyze the most efficient combination that can potentially help the procurement team in getting the optimum rate.

The rates for this category are structured based on the scope and location of engagement, type of service, and type of pricing model. Additionally, the rates may vary based on the length of the contract. Long-term contracts are beneficial to both parties by providing security, stability, dedicated support, and strong partnerships.

In the U.S., the average monthly rental for commercial waste containers range from USD 14.9 to USD 19.9 for front-loading box (size of 4 yd³ to 8 yd³), and USD 59.9 to USD 274.9 for roll-off container box (size of 30 yd³ to 40 yd³). In addition, below is the monthly charges for commercial waste collection by type of container and volume:

a)       2-yard dumpster with volume capacity of over 399 pounds is charged between USD 99 to USD 159.

b)      4-yard dumpster with volume capacity of over 799 pounds is charged between USD 134 to USD 199.

c)       6-yard dumpster with volume capacity of over 1,199 pounds is charged between USD 164 to USD 224.

d)      8-yard dumpster with volume capacity of over 1,599 pounds is charged between USD 184 to USD 249.

To gain a comprehensive understanding of other aspects of rate benchmarking, please subscribe to our services and get access to the complete report.

Labor cost is one of the key components of the total incurred costs while offering a product or service. Therefore, an organization must decide on whether the focus category should be retained in-house or outsourced if the organization is providing its products or services at competitive prices. If the organization decides in favor of outsourcing, it must understand the difference in the salary structures of suppliers before selecting a supplier and formulating a negotiation strategy.

According to our research, Operation Supervisors working in the Veolia Environnement SA and Republic Services, Inc. receives a 10% - 15% higher base salary compared to Operation Supervisors working in Waste Connections, Inc. and Stericycle, Inc. However, the year-on-year increment rate in all these companies majorly depends on the Key Result Areas (KRAs).

Organizations may find it cumbersome to continuously track all the latest developments in their supplier landscape. Outsourcing the activities related to gathering intelligence allows organizations to focus on their core offerings. At this juncture, our newsletter service can help organizations stay updated with the latest developments and innovations and subsequently assist in preventing disruptions in the supply chain. We have identified the following developments within the Waste Management category over the last two years:

In October 2023, Veolia Environnement SA announced the acquisition of U.S. Industrial Technologies, Inc. This acquisition helped Veolia to expand the US market share of its Environmental Solutions and Services (ESS) division. In addition, this acquisition enabled Veolia to leverage the waste and recycling service capabilities of U.S. Industrial Technologies, and thus enhance its abilities in providing integrated and customized services for the treatment and management of hazardous, non-hazardous, as well as recyclable waste for several US based commercial, industrial, and government customers.

In April 2023, Covanta Holding Corporation announced the acquisition of CIRCON Environmental. This acquisition helped Covanta to expand its geographic reach in various states in the US, by leveraging CIRCON’s customer base across 20 waste facilities in the Gulf Coast, Midwest, and Southeast. In addition, this acquisition improved Covanta's capacity to offer additional last-mile sustainability solutions to its elite clientele and enhanced Covanta’s waste recycling resources.

In September 2022, Waste Management Inc. (WM) announced the acquisition of Ray’s Trash Service, Inc. This acquisition helped WM to expand its services in central Indiana in the US. In addition, with this acquisition, WM was able to leverage Ray’s capabilities in recycling and waste collection across 17 counties in Central Indiana and utilize Ray’s fleet of 300 trucks to enhance its spectrum of waste management services.