Modern consumers seek out businesses that not only create high-quality products but do so sustainably. Investing in sustainable products and companies is the future of consumer buying behavior. Even for technically complex products, such as machines or systems, customers are increasingly choosing products that contribute to climate protection.
Making small changes to your workflows offers an opportunity to create value among your customer base. One of the changes is investing in configure, price, quote (CPQ) software. CPQ offers sustainability, which provides lower costs, faster time-to-market, and fewer errors that produce unwanted industrial waste — meaning more profit for your bottom line.
While CPQ helps reduce unsold products, it also reduces industrial waste by minimizing production errors. Implementing a CPQ solution reduces errors in your quoting and production processes by providing accurate, up-to-date data for your team to quote with. This allows your team to reduce the amount of production waste created from inaccurate orders by quoting accurately.
Production teams often create goods that don’t fit client expectations or aren’t viable for use. These rejects end up in landfills, producing a great deal of industrial refuse. Using CPQ to build accurate quotes the first time significantly reduces these errors and the resulting waste.
Not only does CPQ cut down on production waste, but it also reduces your operational impact on the environment. When your team uses CPQ to handle quoting, they cut down on office supplies, energy usage, and labor.
While these commonplace business elements don’t seem like major environmental detractors, the culmination of use over time creates a significant impact on sustainability. In fact, manufacturing contributes to 81% of industrial energy use.
Cutting down on the level of day-to-day resources your business uses saves the environment and your bottom line. This change is a significant cost-saving measure for manufacturers that offers a high return on investment from their CPQ program.