Wastage
in example sentence
For the more economically minded, here is another number: food
wastage
and loss, expressed in producer prices, costs roughly $750 billion per year.
More example sentences with word wastage
We need to look where across the supply chain these losses and
wastage
occurs.
Three-quarters of the potential pickup in productivity could come from “catch-up” improvements, with countries taking steps – modernizing their retail sectors, consolidating automobile production into a smaller number of larger factories, improving health-care efficiency, and reducing food-processing
wastage
– that have already proven effective elsewhere.
This does not capture the full picture: for example, meat accounts for about 4% of food
wastage
but 20% of the costs, while 70% of fruit and vegetable output is wasted, accounting for 40% of the total cost.
One way to achieve this is to price water more appropriately, which would create an incentive to prevent
wastage
and conserve supplies.
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