Who are we?
We are an “outsourced procurement services” group dedicated
to reducing your costs. We are affiliated with Expense Reduction
Consulting, a national firm who has been a leader in our industry
since 1993. Our staff consists of former purchasing professionals
from top corporations with diverse areas of expertise. While our
clients might have direct contact with only one of our professionals,
there could be a number of us from other regional offices working
on your project.
What do we do?
We will save your company money by establishing lower prices for
goods and services of the same or higher quality from, and in most
cases, your current supplier or an approved new source. We also
make recommendations as to how to improve your procurement process.
How do we do it?
We apply the most current purchasing methods to your most cost sensitive
requirements. We can negotiate new or renegotiate current contracts
based on your current and future volumes. We intensely research
markets and take the time to determine the highest value provider
available.
What does it cost?
Our service is truly risk and cost free. Our fees are “pay
for performance” based and will accrue only when your company
realizes actual and documented savings. In a typical engagement,
the client will split any savings with our firm over a 24-month
period. After that, the supplier contacts, price agreements and
savings belong to the client.
How do we begin?
We briefly meet with you to determine your needs and parameters
and to determine which expense categories might be beneficial to
examine. Next, we gather purchasing information (usually a few recent
invoices) from your company or from your current supplier. This
information is used as the basis for benchmarking your costs, evaluating
your requirements and developing an RFP. All quotations and negotiations
are handled directly by ERC and do not require any of your resources
or facilities.
What do we provide?
We provide a detailed written report containing our recommendations
for saving money on the chosen Expense Category. The recommendations
will include previous pricing from your current supplier, any renegotiated
prices from this same supplier as well as equivalent third party
quotations. The decision is yours to take whatever action you deem
to be the best. We will also assist in implementing any recommendations.
What is your obligation?
None! If for any reason you do not like our recommendations, you
are under no obligation to implement them. In this event, since
our compensation is solely based on actual, documented cost savings,
no fee is charged.
Why does this work?
The introduction of a third party into the purchasing process will
cause suppliers to seriously reevaluate their position. In addition,
being “contingency” rather than rate based, our fee
structure motivates us to save you the maximum amount of money.
If we don't save you money, we don't make money!
Most importantly, we do not represent any suppliers
and are totally objective. We work exclusively for our clients.
As purchasing and outsourcing professionals, we offer the experience,
expertise and negotiating skills not readily available in many companies
and we will devote all of our time and resources to obtaining the
best possible value for your company.
What is the key benefit?
Using our firm to analyze, research and negotiate for you will allow
you and your employees to focus on your core business tasks, yet
maintain a firm handle on those controllable costs that can significantly
effect your bottom line.
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