Resource conservation management is a coordinated effort to manage the resources used and waste generated to reduce operating costs, increase efficiency, and promote environmentally friendly operations. This involves tracking resources and improving operational efficiency while enhancing overall cost-effectiveness.
Sometimes conservation is used synonymously with “protection.” It, however, refers to the protection of sustainable uses of resources. Renewable resources such as steel, iron, and even energy may be reused in foundries, by reducing the amount of the resource that must be newly acquired to maintain the future of the organization.
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