by Brianna Crandall — August 22, 2016 — Expense Reduction Analysts (ERA), a global cost management consulting firm, recently announced the release of its latest white paper, Office & Janitorial Suppliers: Insights to Realizing Greater Savings, which outlines seven tips for organizations to uncover substantial cost-saving options in office and janitorial supplies.
The white paper outlines seven tips for organizations to uncover substantial cost-saving options in office and janitorial supplies.
White paper co-author John Lauchnor, ERA director and chairman of the ERA Office Supply Practice, pointed out:
Office and janitorial supplies are two of an organization’s largest daily expense categories, yet for many, they receive the least attention when it comes to cost reduction strategies. These purchases are often not treated as a strategic business decision, and as such, there is greater potential for over-spending and random choices.
Seven critical things organizations need to know about office and janitorial suppliers in order to make informed purchasing decisions, as identified by ERA, include:
- Market landscape and trends impact pricing.
- New developments and efficiencies have an impact on pricing.
- Understanding the industry terminology and jargon leads to informed decision-making.
- Specific supplier cost drivers can affect the overall price.
- Companies can leverage business practices and unique ways to contract.
- Companies save when they set pricing benchmarks for similar companies with similar spends across geographies.
- It is vital to understand the true differentiation among suppliers.
White paper co-author Randy Mackay, ERA director and chairman of the ERA Cleaning Services Practice, added:
By examining the competitive landscape, analyzing current purchases and future needs, and taking a holistic view of purchasing power, organizations can uncover substantial cost-saving options in these supplier areas.
In the report, ERA explores these seven tips, sharing how organizations can use them to realize greater savings on everything from paper goods to cleaning processes. The full white paper, Office & Janitorial Suppliers: Insights to Realizing Greater Savings, is available online.
