The client is a Midwest distributor of bolts and fasteners. Their annual courier expense exceeds $315,000. Their goal was to identify opportunities to reduce costs of in this cost center.
Looking at data from the GL, invoices and the incumbent vendor contract, analysts gained understanding of the client’s calling patterns and determined which suppliers might enhance the client’s service level and pricing.
Analysts captured the client's workflow and business processes and gathered input from key stakeholders. ERA then prepared RFPs from two companies.
ERA presented the client a Recommendation Report that outlined how the client could achieve savings with their existing vendor. The analyst worked with the client and vendor to monitor compliance to ensure savings are realized. The client invested ten hours in this project to save $40,000 annually and upgrade their services.
- Category – Courier
- Industry – Distributor
- Client Spend – $315,000
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