Articles: SCM

Supply Chain Management: What is it? from Purchasing.com...

Articles: Outsourcing

Outsourcing by Degrees from Purchasing.com...

Articles: Procurement

The Benefits of Strategic Business Procurement from Supply & Demand Chain Executive...

In the News
Check out the current news from News4Sites.com...
The Financials
Read the latest financial news from TheFinancials.com...
Weather
Current weather from Weather.com...
 
 
Fishing Funnies

View the daily Fishing Funnies from BigFishTackle.com. Comics added daily Mon-Fri...

Vic's Bull
Get your boots on and check out
this bull...
 

  
The goal of our Expense Reduction services is to free up your purchasing professionals enabling them to focus on your strategic or direct spend categories. We then target the non-strategic and consumable expense categories that were mutually agreed upon and begin our 7 step process, “ERC’s Road Map to Cost Savings”.

ERC's ability to negotiate long term savings is the result of a number of factors:

First, the introduction of a third party into the purchasing process causes suppliers to seriously reevaluate their position.

Second, since we work with more than one company at the same time and in many cases with the same expense categories, we are better able to determine what the market will bear.

Third, we utilize a customized process that is usually reserved for strategic or direct spend categories with significantly larger spends.

Fourth, we are motivated as a result of our compensation package and make the time to follow our process and go the extra mile.

Fifth, we ask!

Expense Reduction services generally proceed in the following manner:

determine which expense categories might benefit from a purchasing review

develop understanding of current and future needs and parameters relating to suppliers and products/services needed

begin “ERC’s Road Map to Cost Savings” 7 step process

present recommendations

implement recommendations

begin saving

monthly and quarterly reviews

quarterly documentation of savings and invoicing

ongoing client support

Client involvement in our process is minimal and most work is done offsite.

Back to Services

Copyright © 1997-2008 Expense Reduction Consulting, Inc. • Privacy PolicyTerms of Use • Site Development by Artisian Designs.