117 www.gogreen-project.eu Economies of Scale • As production scales up and production becomes efficient, companies can reap cost savings through economies of scale. • Often associated with larger companies, economies of scale enable organizations to reduce the cost of production by creating more products, as fixed costs can be spread out over more products. • Bulk purchases, bulk creation of products and larger purchasing powers all support economies of scale. • Economies of scale works well for organizations that have a standardized product offering, such as supermarket chains offering own-branded products. Applications that can be used to support cost reduction • To support organizations in identifying cost saving opportunities, a wide range of online websites and downloadable applications can be used. • Some of the most frequently used tools include: The Zero Waste App – https://zerowasteapp.io/ Waterprint – https://waterprint.net/
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