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© Copyright 2000
“Companies overspend $260 billion every year.”
                The Spending Analysis Benchmark Report
                                The Aberdeen Group


     “Only 7% of CFO’s are “very satisfied” with how their
                                companies manage costs.”
                               Leading Practices in Expense Management
                                               CFO Research Services


               “Companies with sophisticated spend analysis programs
                                 review less than 50% of their costs.”
                                              The Spending Analysis Benchmark Report
                                                              The Aberdeen Group
Mission

Implement a   “no risk” cost innovation
 process that leverages our clients
 resources.
Mission Results

100% success with each client
 increasing profits, quality, cash flow
 and equity values.
Cost Innovation Process
        Supplies               Chemicals

  Banking          Insurance        Shipping




   A                 B                 C       D =
Raw Materials         Print         Telecom

            Waste              Temps
Cost Innovation Process ©
   Challenge
  _____________               Discover
                           _______________                 Profit
                                                       _________________

  Preparatory   Collect    Generate   Evaluate        Plan              Review
  phase         facts      ideas      opportunities   implementation    progress

 Identify   Collect &  Brainstorm  Analyze         Review /       Implement
  Project     evaluate    & identify    savings         Create           plan and
  scope /     spend       savings       opportunities   implementation measure
  Vision      data        opportunities                 plan             results
             Determine
              needs

                                                            © Copyright 2000
Value Added Analysis            Reengineering




                                    Negotiating
                    Process         Strategies
Auditing             Tools


 Reverse Auctions             Benchmarking
“It’s difficult to find a place to save a million dollars, but
         there are a million places to find a dollar.”

                                               Audit Recoveries
                         Services                  –   Medical Plans
Products                     –   Advertising       –   Real Estate Leases
  –   Medical Supplies (GPO & –   Cash Mgmt         –   Accounts Payable
      Non-GPO)                –   Banking Fees      –   Employment Incentives
  –   Uniforms                –   Transportation    –   Contracts
  –   Insurances (P&C,D&O) –      Maintenance
                                                    –   R&D Tax Credits
  –   Marketing Lists         –   Software Licenses
  –   Printing/Forms          –   Payroll Services  –   Sales and Use Tax
  –   Raw Materials           –   Telecom/Data      –   Tax Assessment reversals
  –   Shipping Supplies       –   Temporary Staff –     Telecommunications
  –   Corrugated              –   Uniforms          –   Workman’s compensation
  –   Containers              –   Waste Mgmt.       –   Income tax
  –   Cost of Goods           –   Transportation    –   Medical Claims
  –   Chemicals               –   Lab Testing       –   Overnight Mail
Ai




                                 0%
                                      10%
                                            20%
                                                  30%
                                                        40%
                                                              50%
                                                                    60%
               rT
                      ra
                        ve
                          l
              Pr
                   int
                         ing
              Te
Sh              lec
  ipp               o     m
       ing
              Su
                   pp
                     lie
     Co                 s
        s   to
               fg
 Te                   oo
   s ti                 ds
       ng
              se
                rv
                       ic e
                           s
              Sh
                  ipp
                         ing
        Co
           n  tr a
                  ct
                        or
  Te
    m                        s
         p
              Se
                rv
                       ic e
     Ba                    s
       nk
              ing
                      Fe
                        es
       W
        as
           te
Se                M
  rv               gm
      ic e                   t
             co
                 nt
                      ra
                        ct
                             s
               Co
                  p    ier
                           s
                                                                          Case History Savings




                 En
                    er
                       g  y
         Ch
            em
                      ic a
                          ls
Success Formula…
  Process
Information
                  Change
   Power      +            =
 Experience       Agent
  Training
 Resources
   Ideas
Why J. Galt?
   Cost
   Your Success is our Success. Our
   compensation is based on tangible results
   with no upfront fees.
                                          Commitment Level
                                          Innovative, enthusiastic project teams
Experience                                vested in building lasting relationships
All of our consultants are seasoned       with satisfied clients.
professionals and experts in their
respective cost centers .“The best of
the best”.
                           Peace of Mind
                           Proven track record of achieving solid results and
                           exceeding client expectations. Confidence that
                           you’re performing at optimum levels.
J. Galt Associates, Inc.
     A Cost Innovation Company


       Contact Information

           Kevin J. Gray
         President & CEO
        34 Southgate Drive
       Annandale, NJ 08801
          908.735.0378x514

         kjgray@jgalt.com
          www.jgalt.com
J  Galts Cost Innovation Process

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J Galts Cost Innovation Process

  • 2. “Companies overspend $260 billion every year.” The Spending Analysis Benchmark Report The Aberdeen Group “Only 7% of CFO’s are “very satisfied” with how their companies manage costs.” Leading Practices in Expense Management CFO Research Services “Companies with sophisticated spend analysis programs review less than 50% of their costs.” The Spending Analysis Benchmark Report The Aberdeen Group
  • 3. Mission Implement a “no risk” cost innovation process that leverages our clients resources.
  • 4. Mission Results 100% success with each client increasing profits, quality, cash flow and equity values.
  • 5. Cost Innovation Process Supplies Chemicals Banking Insurance Shipping A B C D = Raw Materials Print Telecom Waste Temps
  • 6. Cost Innovation Process © Challenge _____________ Discover _______________ Profit _________________ Preparatory Collect Generate Evaluate Plan Review phase facts ideas opportunities implementation progress  Identify Collect &  Brainstorm  Analyze  Review /  Implement Project evaluate & identify savings Create plan and scope / spend savings opportunities implementation measure Vision data opportunities plan results Determine needs © Copyright 2000
  • 7. Value Added Analysis Reengineering Negotiating Process Strategies Auditing Tools Reverse Auctions Benchmarking
  • 8. “It’s difficult to find a place to save a million dollars, but there are a million places to find a dollar.” Audit Recoveries Services – Medical Plans Products – Advertising – Real Estate Leases – Medical Supplies (GPO & – Cash Mgmt – Accounts Payable Non-GPO) – Banking Fees – Employment Incentives – Uniforms – Transportation – Contracts – Insurances (P&C,D&O) – Maintenance – R&D Tax Credits – Marketing Lists – Software Licenses – Printing/Forms – Payroll Services – Sales and Use Tax – Raw Materials – Telecom/Data – Tax Assessment reversals – Shipping Supplies – Temporary Staff – Telecommunications – Corrugated – Uniforms – Workman’s compensation – Containers – Waste Mgmt. – Income tax – Cost of Goods – Transportation – Medical Claims – Chemicals – Lab Testing – Overnight Mail
  • 9. Ai 0% 10% 20% 30% 40% 50% 60% rT ra ve l Pr int ing Te Sh lec ipp o m ing Su pp lie Co s s to fg Te oo s ti ds ng se rv ic e s Sh ipp ing Co n tr a ct or Te m s p Se rv ic e Ba s nk ing Fe es W as te Se M rv gm ic e t co nt ra ct s Co p ier s Case History Savings En er g y Ch em ic a ls
  • 10. Success Formula… Process Information Change Power + = Experience Agent Training Resources Ideas
  • 11. Why J. Galt? Cost Your Success is our Success. Our compensation is based on tangible results with no upfront fees. Commitment Level Innovative, enthusiastic project teams Experience vested in building lasting relationships All of our consultants are seasoned with satisfied clients. professionals and experts in their respective cost centers .“The best of the best”. Peace of Mind Proven track record of achieving solid results and exceeding client expectations. Confidence that you’re performing at optimum levels.
  • 12. J. Galt Associates, Inc. A Cost Innovation Company Contact Information Kevin J. Gray President & CEO 34 Southgate Drive Annandale, NJ 08801 908.735.0378x514 kjgray@jgalt.com www.jgalt.com