Brochure de expense reduction analysts, Monografías, Ensayos de Derecho

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TM

We uncover hidden savings

and efficiencies you don’t

know are there.

Delivering business performance through

effective procurement and supplier management

Just some of the

1,000+ UK clients

we have worked with.

Established in March 2019, SYNETIQ is the largest salvage and dismantling company in the UK. SYNETIQ operates over 16 sites around the country, processes circa 100,000 vehicles each year and has an annual turnover of £130 million.

“ERA have delivered incredibly

valuable savings and supplier

consolidation. This has given us much

better control and efficiencies, and a

level of insight to our spend which is

priceless.”

TOM RUMBOLL,CHIEF EXECUTIVE OFFICER, SYNETIQ

Working in partnership, SYNETIQ and ERA have:

• completed 6 projects
• delivered £150,000 of annualised savings with more to come
• consolidated suppliers by reducing the number from 35 to 7 across all projects reviewed - giving SYNETIQ much better control and efficiencies going forward

Whilst the savings were incredibly valuable to SYNETIQ, they found the insight gained from the quality and detail of ERA’s reports and ongoing monitoring priceless. The reports provided by ERA were really detailed but well constructed and easy to read and understand. This helped SYNETIQ bring other colleagues up to speed when helping them recognise where the company is in relation to a specific cost line and creating a value-aware culture. SYNETIQ now have no doubt where they spend money, who spends it, on what and from whom.

Delivering Intelligent

Solutions to SYNETIQ

CASE STUDY

Photocopiers 40%

Packaging 26%

Office Consumables 40%

Palletised Loads 15%

Bulk Fuel 17%

Fuel Cards 1.5%

Why might this be relevant to you?

Many clients feel their costs are reasonably managed before they sit down and talk with one of our specialists. The sad truth is that the perceived misconceptions and barriers stop companies from being able to accomplish the tangible improvements they could easily attain. Often, there is a lack of resources to look into the indirect costs associated with running a business – and why should there be

resource to do this, when your focus is on the core business activities? With our help, you can overcome these hurdles to achieve an optimised supply chain that benefits you in the long-term. Expense Reduction Analysts can assist you by objectively looking at your business, and seeing where we can provide both cost savings and enhanced solutions for you.

Most of our clients need to be persuaded that things could improve

substantially. Senior decision makers in any organisation will usually feel

costs are relatively under control and managed to a satisfactory level.

Misconceptions Challenges

“I am likely to be paying a similar price to my competitors and other similar businesses.” Not in our experience. ERA knows what your suppliers are charging your competitors locally, nationally, and globally.

Staff and Management have limited time to conduct procurement reviews, especially when they don’t necessarily have the expertise to do so. It is unlikely expertise in purchasing steel will have influence on your photocopier negotiations.

Multiple suppliers and multiple order points can make even the simplest projects very complicated for in-house teams. ERA will complete this task for you, allowing you to get on with the important job of guiding your business to greater successes.

Staff and Management have limited time to conduct procurement reviews, especially when they don’t have the expertise to do so. Our experts continuously monitor/review supplier and stakeholder behaviour to prevent unnecessary spending.

National buying agreements are always better than local or regional arrangements with the same supplier. ERA reviews prices and other KPIs 24/7, locally, nationally, and globally. Our solutions are bespoke and tailored to our clients needs.

Supplier loyalty automatically translates to best pricing and service. New customers always get better rate than existing customers. Suppliers complete for new customers, if they already have your business what’s the incentive?

How do you know what good really looks like? We have a huge advantage over individual organisations because we have near-perfect market vision, whereas organisations typically possess only data and pricing information based on their own historic costs.

The majority of spending is done by non- purchasing trained staff. ERA monitors prices, delivery and service 24/7, with a total market view. Suppliers know this and they keep to their promises.

ERA has a unique depth and breadth of expertise in areas where an organisation spends money with suppliers.

Our team of experts joined ERA after a long career in their area of expertise and are able to provide you with valuable insight at the right time. They use their experience and expert knowledge to help your teams avoid contractual pitfalls, negotiate from a position of knowledge with existing suppliers and identify suitable alternatives.

Typically, organisations are unable to justify retaining specialist resource in each of these areas, but deployed at the right time they not only add considerable value, but also help to prevent exposure to future price rises.

Their sheer depth of knowledge means they are also able to offer advice on changes to policy or procedure that can yield significant dividends, as well as advising on new or innovative products and services which can make a powerful contribution.

Comprehensive supply-side

category expertise

Your ERA associate will identify relevant project specialists with

experience in their area of expertise to run each category project.

Their experience and judgment allow you to make an informed

decision with all the facts at your disposal.

Just some of our Expenditure Categories we can review

BANKING & PAYMENTS

FUELS & OILS WATER/ WASTEWATER

MANAGED PRINT (^) OUTDOOR & GROUNDS MANAGEMENT

CHEMICALS

MARKETING & ADVERTISING

PACKAGING

SECURITY SERVICES

CLEANING & JANITORIAL

INDUSTRIAL GASES

MEDICAL SUPPLIES

PAYROLL, HR, ADMIN & OUTSOURCING

SMALL PARCELS

CONSTRUCTION

INSURANCE

PRINT

SECURE CASH HANDLING

ENERGY

IT

MERCHANT CARD SERVICES

TELECOMS

FACILITIES MANAGEMENT

LOGISTICS

PROPERTY & BUSINESS RATES

TRAVEL

FLEET MANAGEMENT

MAIL MANAGEMENT

OFFICE SUPPLIES

RECORDS MANAGEMENT

R&D TAX CREDITS

UNIFORMS & WORKWEAR

UTILITIES WAREHOUSING WASTE MANAGEMENT

FOOD & CATERING

MAINTENANCE & REPAIR

SCRAP METAL

ENGINEERING CONSUMABLES PPE

Creating a Sustainable Future

“Sustainability could almost be a fashion statement, it is the word of the moment, the current “must-have” yet it’s importance can often be over looked to the untrained. It’s based on three main components; economic growth, social progress and environmental protection and without a focus on sustainability, we risk compromising the ability of future generations to meet their needs.”

DFS was enthusiastic not just about the money that could be saved, but also about achieving the corporate goal of reducing waste and increasing recycling.

“I could not recommend Expense

Reduction Analysts highly enough:

they have helped us reduce costs

massively.”

Phil Johnson - Head of Environmental Services

The Head Office ‘zero to landfill’ target was a great start, giving our activities increased visibility and credibility. We then reviewed the waste produced by DFS warehouses, factories and stores, adopting a phased approach to change comprising ten different initiatives.

General Waste Collection

Savings: 20%

Saving money,

saving space,

saving the planet

CASE STUDY

We’re essentially a small fish when it

comes to procurement and ERA, with

their sheer scale and leverage, can get

much better deals for us. This more

than pays for any share of savings

that they receive as fees. This working

relationship has been nothing but win-

win for us.”

DAVID WHITEHEAD OF PROCUREMENT SUE RYDER

TM

Hundreds of clients engage ERA to manage and review tenders for them every year. Our project teams have access to more market and pricing information than finance and procurement teams can access alone.

With thousands of procurement reviews and category projects currently under management, ERA carries a weight in most supply markets which, when combined with a client’s own spend, makes a meaningful difference to the service and pricing offered by the market.

To ensure we always meet the quality and service requirements of your operational teams, we work hard to maintain our impartiality from the supply chain and ensure we consider only those suppliers that will be able to match the needs of our clients. Suppliers recognise that a successful outcome to a project with one ERA client is likely to lead to further opportunities, meaning that their interests are aligned closely with those of our clients.

Almost all organisations would benefit enormously from ERA’s additional purchasing leverage, allowing them access to pricing bands that were previously unavailable.

What difference would

it make if your tenders

carried the weight of an

additional £800Million+

of leverage in the market?

Market Knowledge & Leverage

Qualify

First we meet and spend time understanding your current situation and requirements. We need to establish the level of spend and current practice and pricing to decide where we can help.

Scope

We work with your stakeholders and suppliers to establish the parameters and set out the terms of the engagement. This will include which products and services are in scope on a per project basis.

Propose

We then work with our expert teams to create a tailored proposal which we will return and present. This proposal will set out the work, the approach, the time-scales and the expected results.

What Happens Next?

What you can expect from us:

• Analyse your overhead costs
• Reveal hidden savings opportunities
• Optimise overhead costs sustainably
• Give you the entrepreneurial scope you need - Work without disrupting your daily business - Build on confidence and openness - We operate on the basis of success