Date post: | 28-Jan-2018 |
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Business |
Upload: | markdavisera |
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Table of Savings
Category Saving (%)Stationery 36%White Cotton Wipers 37%Engineering Consumables
- Fasteners & Fixings 5%Engineering Consumables
- Welding 26%Engineering Consumables
- Special Fixings 14%Engineering Consumables
- General 19%Plywood 12%Graphic Supplies 16%Electrical Wire 6%Air Fittings 17%Wire Ropes 7%
Driven profits for Don-BurExpense Reduction Analysts Success Stories
Expense Reduction Analyst Mark Davisfirst began his partnership with Don-Bur over three years ago in orderto reduce their expenditure costs.Financial director for Don-Bur, RickBloomfield initially engaged Mark toreview stationery and white cottoncleaning wipes. Great results wereachieved for Don-Bur when over 35%worth of savings were found andimplemented in each category.
Left to Right: John Stringer, Mark Davis,Rick Bloomfield, and Bruce Windeyer
This gave Mr Bloomfield the confidence toengage Expense Reduction Analysts in larger,annual expenditure categories. Mark continuedto review expenditure in engineeringconsumables, the first being fasteners andfixings, a category in which costs are in thehigh six figures annually. Due to the highvolume of data for analysis being coveredMark invited fellow Expense ReductionAnalyst Bruce Windeyer into the project toassist in profiling the current purchase data.
Despite the steeply rising steel market at thetime, Expense Reduction Analysts achieved agood result saving Don-Bur 5% on fasteners and fixings with the incumbent supplier. As quality remains a top priority for Don-Bur, two of the key objectives were to ensure thatdisruptions were kept to a minimum and thequality of goods was not compromised.
Mr Bloomfield proceeded to suggest furtherengineering projects to be undertaken, andas a result Mark also invited fellow ExpenseReduction Analysts consultant John Stringerwho had many years experience within theengineering sector prior to joining ExpenseReduction Analysts and was therefore anideal candidate to review the categories inengineering consumables.
The categories covered general engineeringconsumables, through to specificconsumables such as welding and specialfixings. John, having carried out extensiveresearch was able to achieve excellent savings that ranged from 14% to 26%.
Mr Bloomfield has been highly impressed with all the work Expense Reduction Analysts
has done for the company, he states; “I amperfectly happy to share the savings madewith Expense Reduction Analysts as thesesavings would not have been achieved in thesame timescales with our own resources.Their involvement during the audit period also provides a second check for our accountsdepartment that correct prices have beeninvoiced and when not the case, ExpenseReduction Analysts were tenacious in theirpursuit of credits on our behalf”. As a result of the savings achieved, further projects havefollowed in the areas of Plywood, graphicsupplies and couriers.
The client had a free ‘health check’ on theircourier distribution costs, since ExpenseReduction Analysts could not improve upontheir current rates, due to the nature of theclient’s traffic. During the last three years,Expense Reduction Analysts has also carried out numerous energy cost renewalnegotiations on a fixed fee basis, and theirrelationship continues moving forward.
Don-Bur Profile
Don-Bur (Bodies & Trailers) Ltd, with turnovercirca £40 million based from its main 18-acre manufacturing plant and 3 satellitesites in Stoke-On-Trent, offers the completeone-stop shop to the commercial vehicletrailer and rigid vehicle bodybuilding industry.
find extra profitwww.erauk.net
Rick Bloomfield
“These savings would nothave been achieved inthe same timescales withour own resources.”