Botanic Inns engaged Expense Reduction Analysts to identify ways to reduce costs. Experts analyzed Botanic Inns' gas, merchant card fees, insurance, and facilities management. They were able to achieve savings of 7% for gas, 19% for merchant card fees, 16% for insurance, and 31% for facilities management. The multiple areas of savings generated significant overall savings for Botanic Inns and improved processes.
The document discusses in-device mobile advertising using a tightly integrated mobile advertising client. It describes how the client would allow for personalized and targeted ads on a user's device based on user profiles and preferences. Examples are given of how ads could provide incentives like free voice calls, messages or points in exchange for viewing ads. The technical details involve an advanced Java client that integrates with the device hardware and software to display ads on the idle screen, during calls and messages.
Biomass Success Factors And Opportunities In AsiaYoung Yang
1. Biomass renewable energy in Asia has key opportunities in community services, enterprises, and households by providing solutions such as irrigation, transportation, food processing, lighting, and cooking.
2. These solutions can have positive impacts like increased incomes, agricultural output and efficiency, reduced fuel and operating costs, and improved food preservation and indoor air quality.
3. Countries with the most potential include China, Indonesia, Thailand, and India due to their sufficient biomass resources, government support programs, and large unelectrified populations.
Development and challenges of deep processing by a Chinese timber company bas...IIED
SBL Company in Gabon has made progress in timber deep processing. It has invested nearly 50 million euros to reconstruct and expand existing factories. Three new veneer production lines and three sawmill lines have been established, with annual production capacities of 36,000 cubic meters and 50,000 cubic meters respectively. A new drying system can dry 20,000 cubic meters of sawn timber per year. SBL plans to further invest in flooring, composite flooring and furniture manufacturing to contribute to "Made in Gabon". However, timber deep processing in Gabon faces challenges like lack of supporting industries, shortage of skilled workers, and lower asset operation efficiency compared to China.
The document presents a Zep Sanitation and Maintenance Program for 2012 June. It provides an overview of Zep's history since 1937 and outlines some proposed improvements to their program, including using iPads for compliance reporting, increasing sales rep visit frequency, managing inventory surplus, and updating signage formats. The program aims to make processes more efficient through technology, building relationships, and clear communication.
Warner Corporate Photography provides professional photography services for hotels to help market their properties through high quality images. Their photography covers architectural, interior, food, and people shots to represent all aspects of the hotel experience. These images can then be used on websites, in brochures, posters, and other marketing materials to attract more customers. The photographer, Neil Warner, has an award-winning portfolio and can work with hotels to identify their strengths and capture fresh, compelling images to promote their brand in the marketplace.
1) The document discusses five ways for CFOs to make cost cuts stick rather than erode over time. It notes that while manufacturing costs have decreased for S&P 500 companies, sales and administrative costs have not changed significantly.
2) It recommends assigning accountability for specific costs to local managers who have detailed knowledge and can be incentivized. Breaking costs down granularly helps identify who is responsible for increases.
3) Companies should focus on how to cut costs strategically rather than just setting targets, to avoid short-sighted actions that undermine long-term value creation. Changing policies and processes can promote sustained savings.
4) Tracking costs accurately and comparing to strategic goals is important for
The document discusses in-device mobile advertising using a tightly integrated mobile advertising client. It describes how the client would allow for personalized and targeted ads on a user's device based on user profiles and preferences. Examples are given of how ads could provide incentives like free voice calls, messages or points in exchange for viewing ads. The technical details involve an advanced Java client that integrates with the device hardware and software to display ads on the idle screen, during calls and messages.
Biomass Success Factors And Opportunities In AsiaYoung Yang
1. Biomass renewable energy in Asia has key opportunities in community services, enterprises, and households by providing solutions such as irrigation, transportation, food processing, lighting, and cooking.
2. These solutions can have positive impacts like increased incomes, agricultural output and efficiency, reduced fuel and operating costs, and improved food preservation and indoor air quality.
3. Countries with the most potential include China, Indonesia, Thailand, and India due to their sufficient biomass resources, government support programs, and large unelectrified populations.
Development and challenges of deep processing by a Chinese timber company bas...IIED
SBL Company in Gabon has made progress in timber deep processing. It has invested nearly 50 million euros to reconstruct and expand existing factories. Three new veneer production lines and three sawmill lines have been established, with annual production capacities of 36,000 cubic meters and 50,000 cubic meters respectively. A new drying system can dry 20,000 cubic meters of sawn timber per year. SBL plans to further invest in flooring, composite flooring and furniture manufacturing to contribute to "Made in Gabon". However, timber deep processing in Gabon faces challenges like lack of supporting industries, shortage of skilled workers, and lower asset operation efficiency compared to China.
The document presents a Zep Sanitation and Maintenance Program for 2012 June. It provides an overview of Zep's history since 1937 and outlines some proposed improvements to their program, including using iPads for compliance reporting, increasing sales rep visit frequency, managing inventory surplus, and updating signage formats. The program aims to make processes more efficient through technology, building relationships, and clear communication.
Warner Corporate Photography provides professional photography services for hotels to help market their properties through high quality images. Their photography covers architectural, interior, food, and people shots to represent all aspects of the hotel experience. These images can then be used on websites, in brochures, posters, and other marketing materials to attract more customers. The photographer, Neil Warner, has an award-winning portfolio and can work with hotels to identify their strengths and capture fresh, compelling images to promote their brand in the marketplace.
1) The document discusses five ways for CFOs to make cost cuts stick rather than erode over time. It notes that while manufacturing costs have decreased for S&P 500 companies, sales and administrative costs have not changed significantly.
2) It recommends assigning accountability for specific costs to local managers who have detailed knowledge and can be incentivized. Breaking costs down granularly helps identify who is responsible for increases.
3) Companies should focus on how to cut costs strategically rather than just setting targets, to avoid short-sighted actions that undermine long-term value creation. Changing policies and processes can promote sustained savings.
4) Tracking costs accurately and comparing to strategic goals is important for
The ERA Insurance team can help you source the right insurance cover for your business at a better price. Share the additional savings they achieve over and above your renewal offer. Alternatively - why not have them review your employee benefits programme to help you maintain the right cover and whilst reducing the cost.
[Era] cost reduction guide - issue 4 professional servicesManuel A. Velazquez
This document provides tips to maximize value from financial service providers and reduce business costs. It discusses reviewing professional advisors, insurance, and employee benefits packages to ensure optimal costs and coverage. Professional advisors should have clear goals and responsibilities outlined. Insurance arrangements should be benchmarked by an independent assessor. Employee benefits should be tailored to the business and motivate key staff. Regular reviews can help identify savings and improve packages over time.
Our Property Team offers a range of services tailored for commercial property occupiers, including expense reduction analysts to help clients find additional profit and reduce ongoing property costs. The team maintains a focus on best value and cost savings for clients. Services include strategic property cost reviews, appeals to reduce business rates, and representing clients during rent reviews and lease renewals to negotiate lower rents. All fees are charged on a results basis.
This document provides tips to reduce non-core operating costs for businesses during economic downturns. It focuses on reducing costs associated with plastic card transactions, banking service charges, and finance processes. Specific recommendations include ensuring strong security for card transactions, negotiating transaction and service fees with banks, using credit cards for employee expenses, and automating financial processes like cash sweeps. Implementing these changes can help businesses find extra profit and weather economic downturns.
[Era] cost reduction guide - issue 1 - property and premises costsManuel A. Velazquez
The document provides tips and advice for reducing non-core operating costs related to business property and premises. It discusses saving on energy costs through careful monitoring of energy markets and timing of contract renewals. It also discusses negotiating lease terms more favorably for tenants given current economic conditions, such as removing break clauses in return for rent reductions. Lastly, it discusses getting better value from suppliers through implementing performance measurement systems and centralized purchasing programs.
This document provides a cost control checklist for financial directors with 10 tips to help make cost savings sustainable. It discusses the importance of making cost awareness a long-term business-wide discipline. Some key tips include considering local suppliers to reduce risks in global supply chains, looking beyond the top expenditure items to find savings throughout the purchase ledger, and forging strong relationships between finance and procurement. Sustaining cost savings requires benchmarking successes and communicating achievements to senior leadership and boards.
The document discusses the services provided by Expense Reduction Analysts' Utilities Team to help clients manage their utility costs. The team has over 200 years of combined experience in the gas and electricity industries. They monitor energy markets daily and have relationships with major suppliers to negotiate competitive contracts and prices for clients. The team can help clients with energy procurement, account management, billing, and dispute resolution. They provide portfolio management tools to help clients control costs across multiple sites.
This document provides testimonials from various clients praising the services of IT Solutions & Services (ITSS). ITSS provides strategic IT consulting services to help clients evaluate their current IT solutions and services to identify opportunities to improve efficiency, manage risks, and achieve maximum business benefits from their IT investments. Services include IT audits, strategy development, procurement assistance, and project management. The document highlights what various clients say about how ITSS helped them define business needs, procure new infrastructure to reduce costs, identify software partners, and ensure best practices were followed in IT procurement.
Expense Reduction Analysts worked with Whale Pumps to identify areas where costs could be reduced while maintaining strong supplier relationships. They reviewed categories like engineering consumables, distribution, electricity, stationery, and packaging. This allowed Whale Pumps to achieve savings of 12% on engineering consumables, moderate savings on distribution, consistency in electricity costs, confirmation of best value on stationery, and over 55% reduction in packaging costs. The consultants delivered these savings sensitively without damaging existing supplier relationships.
The document discusses IT solutions and services provided by Expense Reduction Analysts to its clients. It provides strategic IT services including IT governance reviews, strategy development, policy development, procurement of IT solutions and services, and management of solution delivery and suppliers. The company aims to help clients effectively manage IT, reduce costs, comply with best practices, and ensure IT alignment with business strategy and objectives. It is led by Michael Hully and Chris Brown who have extensive experience in directing IT for various organizations.
This document provides tips and advice for reducing costs associated with back office supplies, including photocopiers, telecommunications, and postage. It recommends analyzing equipment usage and contracts to ensure items are fit for purpose. For photocopiers, it suggests encouraging double-sided printing and defaulting to black and white. For telecommunications, it advises auditing traffic patterns and understanding requirements. For postage, it recommends developing a postal profile and using appropriate services. Implementing these changes could significantly reduce non-core operating costs.
Bringing the Discipline of Direct Cost Management to G&A CostsManuel A. Velazquez
Robust reporting on direct/G&A spending
This document discusses a survey of finance executives at midsize Staff time devoted to direct/G&A cost management
companies on their approaches to managing general and administrative Management program for direct/G&A costs
(G&A) costs. Key findings include: Employees' negotiating skills
1) Companies are focusing more on profitability than revenue growth Knowledge of vendors' pricing/market positions
due to the economic downturn. 2) Cost reduction will play an Benchmarking data
important role in maintaining profitability. 3) Companies plan to use
cost savings to strengthen their balance sheets and maintain 0%
Expense Reduction Analysts provides a guide to reducing IT costs for businesses. The guide discusses topics such as green IT, office software alternatives to Microsoft, hosted IT and outsourcing services, and technology business management. Implementing strategies around these topics can help businesses reduce IT costs by up to 35% and improve the performance of their technology assets.
This document provides tips to reduce logistics costs in 3 areas: international freight, parcel distribution, and warehousing/order fulfillment. It recommends negotiating rates with carriers, understanding fuel surcharge policies, consolidating loads, and selecting partners based on traffic profiles. For warehousing, it suggests deciding needs carefully and outsourcing non-core functions. Overall the document aims to help businesses manage logistics costs effectively through cost control strategies and expert advice.
Eversheds Ireland, one of the largest law firms in the world, hired Expense Reduction Analysts to review their printing services and identify cost savings opportunities. Expense Reduction Analysts produced a detailed report analyzing Eversheds' print processes, volumes, and costs, identifying inefficiencies. They then ran a formal procurement process, selecting a supplier to provide new multi-functional devices, printers, and an on-site print room for 5 years. This project delivered over 38% savings on the print infrastructure and substantial labor efficiencies, with total savings expected to exceed €900,000 over the term.
Romans Group, an estate agency, was facing issues with high staff turnover in its in-house software development team and risk to its software solutions. It hired Expense Reduction Analysts IT Solutions and Services (ERA ITSS) to help investigate outsourcing software development. ERA ITSS understood Romans' issues and risks, helped them understand their options, and ran a market review and tendering process. This led Romans to select a strategic software development partner that will enhance its capabilities and reduce business risk, securing better value than handling development in-house. Romans credits ERA ITSS's expertise with identifying the right partner and best value.
Expense Reduction Analysts Business Newsletter
En este numero hablamos de RSC y supply chain y casos de nuestros clientes: ABB (España) y DEBORAH (Italia). Igualmente, analizamos como enfocar la optimización de los costes bancarios.
Buena lectura!!
What Is Expense Reduction Analysts Linkedin Powerpointnadinestewart
The document discusses how Expense Reduction Analysts, a global consulting firm, can help clients increase profits through reducing general and administrative (G&A) expenses without impacting quality or staffing costs. The firm uses a proprietary process and tools to analyze over 40 expense categories for clients and has achieved average savings of 20% across over 14,000 projects. The firm only charges a contingency fee based on actual savings realized for clients, ensuring no financial risk.
This document discusses how managing indirect expenses and lowering costs from suppliers is an important strategy for improving businesses and remaining competitive. It notes that many mid-sized companies do not strategically source or negotiate effectively with suppliers. The document then outlines Expense Reduction Analysts' process for analyzing a company's expenses, recommending areas for savings, implementing solutions, and monitoring ongoing savings. ERA has helped clients in many industries reduce costs by an average of 20% through this process.
ITW Rocol engaged Expense Reduction Analysts to analyze their spending and identify areas for savings. Expense Reduction Analysts was able to reduce office supplies by 21%, printed stationary by 30%, and postage by 19%. Additional phases cut waste, cleaning, and janitorial costs by 16-19% each. ITW Rocol's finance director said they were extremely satisfied with both the process and results, achieving unique savings insights and improved prices through Expense Reduction Analysts' expertise and influence.
Expense Reduction Analysts helped Wharton Grove Wharf reduce expenses in multiple categories. They consolidated office suppliers to reduce costs by 15.5% and revisited the category to achieve 31% savings. A review of business print found 25.5% savings initially and an additional 7% on a second review. Telecom expenses were reduced by 45.9% and waste costs by 8.8%. The finance director was pleased with the significant savings uncovered and the ongoing monitoring to further lower costs.
The ERA Insurance team can help you source the right insurance cover for your business at a better price. Share the additional savings they achieve over and above your renewal offer. Alternatively - why not have them review your employee benefits programme to help you maintain the right cover and whilst reducing the cost.
[Era] cost reduction guide - issue 4 professional servicesManuel A. Velazquez
This document provides tips to maximize value from financial service providers and reduce business costs. It discusses reviewing professional advisors, insurance, and employee benefits packages to ensure optimal costs and coverage. Professional advisors should have clear goals and responsibilities outlined. Insurance arrangements should be benchmarked by an independent assessor. Employee benefits should be tailored to the business and motivate key staff. Regular reviews can help identify savings and improve packages over time.
Our Property Team offers a range of services tailored for commercial property occupiers, including expense reduction analysts to help clients find additional profit and reduce ongoing property costs. The team maintains a focus on best value and cost savings for clients. Services include strategic property cost reviews, appeals to reduce business rates, and representing clients during rent reviews and lease renewals to negotiate lower rents. All fees are charged on a results basis.
This document provides tips to reduce non-core operating costs for businesses during economic downturns. It focuses on reducing costs associated with plastic card transactions, banking service charges, and finance processes. Specific recommendations include ensuring strong security for card transactions, negotiating transaction and service fees with banks, using credit cards for employee expenses, and automating financial processes like cash sweeps. Implementing these changes can help businesses find extra profit and weather economic downturns.
[Era] cost reduction guide - issue 1 - property and premises costsManuel A. Velazquez
The document provides tips and advice for reducing non-core operating costs related to business property and premises. It discusses saving on energy costs through careful monitoring of energy markets and timing of contract renewals. It also discusses negotiating lease terms more favorably for tenants given current economic conditions, such as removing break clauses in return for rent reductions. Lastly, it discusses getting better value from suppliers through implementing performance measurement systems and centralized purchasing programs.
This document provides a cost control checklist for financial directors with 10 tips to help make cost savings sustainable. It discusses the importance of making cost awareness a long-term business-wide discipline. Some key tips include considering local suppliers to reduce risks in global supply chains, looking beyond the top expenditure items to find savings throughout the purchase ledger, and forging strong relationships between finance and procurement. Sustaining cost savings requires benchmarking successes and communicating achievements to senior leadership and boards.
The document discusses the services provided by Expense Reduction Analysts' Utilities Team to help clients manage their utility costs. The team has over 200 years of combined experience in the gas and electricity industries. They monitor energy markets daily and have relationships with major suppliers to negotiate competitive contracts and prices for clients. The team can help clients with energy procurement, account management, billing, and dispute resolution. They provide portfolio management tools to help clients control costs across multiple sites.
This document provides testimonials from various clients praising the services of IT Solutions & Services (ITSS). ITSS provides strategic IT consulting services to help clients evaluate their current IT solutions and services to identify opportunities to improve efficiency, manage risks, and achieve maximum business benefits from their IT investments. Services include IT audits, strategy development, procurement assistance, and project management. The document highlights what various clients say about how ITSS helped them define business needs, procure new infrastructure to reduce costs, identify software partners, and ensure best practices were followed in IT procurement.
Expense Reduction Analysts worked with Whale Pumps to identify areas where costs could be reduced while maintaining strong supplier relationships. They reviewed categories like engineering consumables, distribution, electricity, stationery, and packaging. This allowed Whale Pumps to achieve savings of 12% on engineering consumables, moderate savings on distribution, consistency in electricity costs, confirmation of best value on stationery, and over 55% reduction in packaging costs. The consultants delivered these savings sensitively without damaging existing supplier relationships.
The document discusses IT solutions and services provided by Expense Reduction Analysts to its clients. It provides strategic IT services including IT governance reviews, strategy development, policy development, procurement of IT solutions and services, and management of solution delivery and suppliers. The company aims to help clients effectively manage IT, reduce costs, comply with best practices, and ensure IT alignment with business strategy and objectives. It is led by Michael Hully and Chris Brown who have extensive experience in directing IT for various organizations.
This document provides tips and advice for reducing costs associated with back office supplies, including photocopiers, telecommunications, and postage. It recommends analyzing equipment usage and contracts to ensure items are fit for purpose. For photocopiers, it suggests encouraging double-sided printing and defaulting to black and white. For telecommunications, it advises auditing traffic patterns and understanding requirements. For postage, it recommends developing a postal profile and using appropriate services. Implementing these changes could significantly reduce non-core operating costs.
Bringing the Discipline of Direct Cost Management to G&A CostsManuel A. Velazquez
Robust reporting on direct/G&A spending
This document discusses a survey of finance executives at midsize Staff time devoted to direct/G&A cost management
companies on their approaches to managing general and administrative Management program for direct/G&A costs
(G&A) costs. Key findings include: Employees' negotiating skills
1) Companies are focusing more on profitability than revenue growth Knowledge of vendors' pricing/market positions
due to the economic downturn. 2) Cost reduction will play an Benchmarking data
important role in maintaining profitability. 3) Companies plan to use
cost savings to strengthen their balance sheets and maintain 0%
Expense Reduction Analysts provides a guide to reducing IT costs for businesses. The guide discusses topics such as green IT, office software alternatives to Microsoft, hosted IT and outsourcing services, and technology business management. Implementing strategies around these topics can help businesses reduce IT costs by up to 35% and improve the performance of their technology assets.
This document provides tips to reduce logistics costs in 3 areas: international freight, parcel distribution, and warehousing/order fulfillment. It recommends negotiating rates with carriers, understanding fuel surcharge policies, consolidating loads, and selecting partners based on traffic profiles. For warehousing, it suggests deciding needs carefully and outsourcing non-core functions. Overall the document aims to help businesses manage logistics costs effectively through cost control strategies and expert advice.
Eversheds Ireland, one of the largest law firms in the world, hired Expense Reduction Analysts to review their printing services and identify cost savings opportunities. Expense Reduction Analysts produced a detailed report analyzing Eversheds' print processes, volumes, and costs, identifying inefficiencies. They then ran a formal procurement process, selecting a supplier to provide new multi-functional devices, printers, and an on-site print room for 5 years. This project delivered over 38% savings on the print infrastructure and substantial labor efficiencies, with total savings expected to exceed €900,000 over the term.
Romans Group, an estate agency, was facing issues with high staff turnover in its in-house software development team and risk to its software solutions. It hired Expense Reduction Analysts IT Solutions and Services (ERA ITSS) to help investigate outsourcing software development. ERA ITSS understood Romans' issues and risks, helped them understand their options, and ran a market review and tendering process. This led Romans to select a strategic software development partner that will enhance its capabilities and reduce business risk, securing better value than handling development in-house. Romans credits ERA ITSS's expertise with identifying the right partner and best value.
Expense Reduction Analysts Business Newsletter
En este numero hablamos de RSC y supply chain y casos de nuestros clientes: ABB (España) y DEBORAH (Italia). Igualmente, analizamos como enfocar la optimización de los costes bancarios.
Buena lectura!!
What Is Expense Reduction Analysts Linkedin Powerpointnadinestewart
The document discusses how Expense Reduction Analysts, a global consulting firm, can help clients increase profits through reducing general and administrative (G&A) expenses without impacting quality or staffing costs. The firm uses a proprietary process and tools to analyze over 40 expense categories for clients and has achieved average savings of 20% across over 14,000 projects. The firm only charges a contingency fee based on actual savings realized for clients, ensuring no financial risk.
This document discusses how managing indirect expenses and lowering costs from suppliers is an important strategy for improving businesses and remaining competitive. It notes that many mid-sized companies do not strategically source or negotiate effectively with suppliers. The document then outlines Expense Reduction Analysts' process for analyzing a company's expenses, recommending areas for savings, implementing solutions, and monitoring ongoing savings. ERA has helped clients in many industries reduce costs by an average of 20% through this process.
ITW Rocol engaged Expense Reduction Analysts to analyze their spending and identify areas for savings. Expense Reduction Analysts was able to reduce office supplies by 21%, printed stationary by 30%, and postage by 19%. Additional phases cut waste, cleaning, and janitorial costs by 16-19% each. ITW Rocol's finance director said they were extremely satisfied with both the process and results, achieving unique savings insights and improved prices through Expense Reduction Analysts' expertise and influence.
Expense Reduction Analysts helped Wharton Grove Wharf reduce expenses in multiple categories. They consolidated office suppliers to reduce costs by 15.5% and revisited the category to achieve 31% savings. A review of business print found 25.5% savings initially and an additional 7% on a second review. Telecom expenses were reduced by 45.9% and waste costs by 8.8%. The finance director was pleased with the significant savings uncovered and the ongoing monitoring to further lower costs.
Emperor Design is a corporate communications firm that specializes in annual reports, marketing materials, and investor relations. This document showcases examples of annual reports and other materials Emperor produced for clients in various industries over the past year. It discusses the importance of effective corporate reporting and highlights sample projects for companies in sectors such as oil and gas, telecommunications, diagnostics and more.
Corporate Sustainability Reporting in CanadaAndy Dabydeen
1) A review by the Ontario Securities Commission found that many large Canadian companies were not adequately disclosing environmental risks and liabilities in their regulatory filings as required. Disclosures were often boilerplate without meaningful analysis.
2) International standard-setting bodies and frameworks like the Global Reporting Initiative have been developed to improve consistency and comparability of corporate sustainability reporting globally.
3) However, concerns remain around the quality and consistency of sustainability reporting in Canada, driving the need for this research report on perspectives of senior Canadian financial executives on issues and challenges around sustainability reporting.
The document provided an overview of a Misys BankFusion analyst and investor event. Key points included:
1. BankFusion was presented as a new core banking solution from Misys that allows flexibility and cost reduction for banks.
2. Industry analysts views on BankFusion highlighted its potential as a modern banking system and highest integration score.
3. The event outlined BankFusion's strategic focus on internal renovation of existing Misys customers and providing an external renovation platform for other legacy systems.
4. Customer examples demonstrated BankFusion upgrades from Bankmaster and Equation as well as a new implementation at TIME Bank.
BD is a global medical technology company that provides solutions to help improve human health. The 2001 Annual Report discusses BD's commitment to achieving great performance, making contributions to society through innovation, and becoming a great place to work. The report highlights BD's financial results for 2001 which showed revenue growth and net income in line with expectations. It also discusses BD's focus on innovation through new products, commitment to associates through leadership development programs, and vision for continued progress.
The Pantry Inc. achieved record financial results in fiscal 2000 through strategic acquisitions that added 143 new stores across six states, bringing its total store count to 1,313 locations. The acquisitions strengthened the company's presence in existing markets like North Carolina, South Carolina, Florida, Georgia, and Virginia, and also allowed entry into the Mississippi market through the purchase of 19 Big K stores and 17 Metro Petroleum stores. Looking ahead, The Pantry plans to continue its strategy of growth through acquisitions, with a goal of adding approximately 150 new locations in the coming fiscal year to further expand its retail network across the Southeastern United States.
The Pantry Inc. achieved record financial results in fiscal 2000 through strategic acquisitions that added 143 new stores across six states, extending its presence in key Southeastern markets. The acquisitions included 49 Kangaroo stores in Georgia, 14 MiniMart stores in South Carolina, 19 Big K stores and 17 Metro Petroleum stores that allowed entry into the Mississippi market. The Pantry executed an aggressive growth strategy focused on identifying acquisition targets with proven high-volume sales that complemented its existing profitable store network. This growth drove a 44.9% increase in revenues and a 34.4% rise in net income for the year.
The document summarizes Verizon's corporate responsibility efforts across several areas including ethics and governance, the environment, communities, employees, service, and innovation. It outlines goals that Verizon set, actions taken to achieve those goals in 2008-2009, and future goals. The actions focused on increasing accessibility, expanding broadband access, improving environmental sustainability, and ensuring ethical business practices.
Infosys – Manufacturing Industry Restructuring | IT Infrastructure ComplexityInfosys
B.G. Srinivas of Infosys explains four strategies to restructure manufacturing industries, to be leaner and more nimble, and to overcome the current economic crisis
World Wildlife Fund Banking on Cod: Finance Lab at the Social Finance Forum 2012Social Finance
The document discusses WWF's strategy to generate new sources of financing for sustainable fisheries by raising the "sunken billions" lost annually from depleted fisheries stocks. It proposes creating a financial institution that provides loans to fishery enterprises implementing management measures, to be repaid from increased catches and ecosystem services as stocks recover over time. A pilot program is proposed for Newfoundland's Grand Banks fishery, where recovered fish stocks could generate $1 billion annually. However, scaling the initiative poses challenges around balancing impact versus financial viability. The key question is how to structure an early success that can both prove the model and expand its application.
Labor arbitrage benefits of global outsourcing are often offset by the costs of co-ordinating and managing far-flung operations. The downside can be mitigated by aggregating data on operations and real-time decision.
With Indian agri-food sector becoming a hotbed for MNC investment, we look at how agribusiness can help in improving the state of Indian agriculture and the need for policy regulations. The success of NIABI in furthering agribusiness opportunities through technology commercialization shows that the incubator network can play a pivotal role in promoting agribusiness in the country. A favourable environment supporting agribusiness and incubators needs to be developed so as to promote the sector.
The National Health Service (NHS) in the UK deployed QlikView BI to standardize reporting across 38 separate Trust organizations and identify over €42 million in procurement savings over 2 years. QlikView allowed NHS to automatically consolidate financial and purchasing data from different systems into easy-to-understand reports and dashboards. Training on QlikView took only 2 hours due to its simplicity, and users regularly accessed the tool to improve procurement processes and decision making.
This document outlines an agenda for a joint meeting between BASF and Monsanto on collaboration efforts around increasing crop yields and stress tolerance. The agenda includes presentations on current collaboration projects between the companies, workshops on pipeline valuation, and discussions on identifying genes that can increase yields. The collaboration aims to develop traits for corn, soybeans, cotton and canola that improve stress tolerance and yields through a joint research pipeline and commercialization through Monsanto's channels. Key updates provided include over 90 lead genes identified through the collaboration and over 12 million data points collected from field tests of yield and stress events.
Expense Reduction Analysts reviewed Belzona Polymerics' telecom costs and found opportunities to reduce expenses. They discovered that most landline calls were shorter than the minimum charge, allowing a 55% savings by adjusting the tariff. A review of mobile costs for Belzona's 54 employees who travel internationally revealed opportunities to reduce international roaming charges through smaller billing increments, resulting in a 15% savings. Belzona was pleased with the savings identified and initiated a new cost management strategy for their distribution network based on the consultant's recommendations.
The document provides an economic development assessment for a fiber optic project by Brant County Power Services Inc. It defines tasks such as building a business case and competitive strategy. Actions included identifying primary and secondary research sources as well as project management. Results outlined an expected value proposition including increased internet penetration, employment, and attraction of new businesses, as well as a market landscape and path of growth for the company.
Acro Energy Technologies is a leading renewable energy solutions provider that has sold and installed over 2,000 solar energy systems. It is helping consumers reduce power costs by engineering, installing, and financing renewable energy systems. Acro has experienced strong growth and is led by an experienced management team with a track record of success in renewable energy and mergers and acquisitions. The company aims to continue growing organically and through acquisitions to become the largest downstream renewable energy company in the US.
Stephen Jones worked as the interim Head of Project at Allergan Inc, a pharmaceutical and medical devices company, for a 5 month assignment. His role was to accelerate the integration of recent acquisitions and implement a new distributor structure in Europe, Middle East, and Africa. He completed the project plan 20% faster, reduced distributor termination costs by over $1 million, and designed new processes for appointing and terminating distributors. His work helped Allergan restructure its overseas distributor network and establish best practices for managing the new distributor structure following its acquisitions.
1. Expense Reduction Analysts Success Stories
Raising the bar – great
savings for Botanic Inns
Table of Savings
Category Saving(%)
Gas 7%
BPFM 31%
Merchant Card Fees 19%
Insurance 16%
The Botanic Inns Group, originally The multiple award winning pub group Expert in Business Plant and Facilities
a family owned company, has been appointed Expense Reduction Analysts to Management, Ian Morrison came in to
trading since 1857 through it’s first improve their cost, purchase and supplier review Botanic Inns’ Planned Preventative
outlet and flagship brand, affectionately management. Maintenance (PPM) and Reactive
known as “The Bot”, a bar and Maintenance requirements across the 16
Botanic Inns engaged Neil Copland and
nightclub situated near Botanic sites. A complete review was undertaken
his team of procurement specialists to
Gardens in the Queen's Quarter of to establish current requirements and
identify areas of their business where
Belfast. Company expansion began how these impacted the operation of
effective cost management could be
in the early 1990’s and the group now each location.
implemented. Following agreement, areas
owns 16 outlets throughout Northern
for review included Gas, Merchant Card During his analysis, Ian was able to identify
Ireland and continues to be at the
Fees and Business Plant and Facilities that significant improvements could be
forefront of the industry.
Management (BPFM). made by implementing a single Facilities
Management provider who would be capable
Iain Middleton from Expense Reduction
of managing and delivering all services,
Analysts’ Banking team analysed Botanic
resulting in reducing suppliers from
Inns’ spends on Merchant Card Fees and
16 to 1, with each location being supported
found that they were not getting the best
by a dedicated 24 hour helpdesk too.
value available. Using his expertise and
This uncovered a significant saving of 31%
knowledge of banking, he was able to
as well as a substantial improvement in
achieve an incredible saving of 19% with
service for Botanic Inns.
the incumbent supplier, improving the
bottom line almost immediately.
find extra profit
www.expense-reduction.ie
2. Expense Reduction Analysts Success Stories
To review Botanic Inns’ spends on Prior to ERAICM’s involvement, Botanic Inns Gordon Harvey, Quality Standards Manager
Insurance, Neil called in experts Scott had required the services of a local broking for Botanic Inns, commented “Engaging
Ingham and Robin Hobbs, of ‘ERAICM’, a representative as it’s holding broker didn’t with Expense Reduction Analysts has
specialist division within Expense Reduction have an operation of it’s own in Northern generated significant savings for Botanic
Analysts that deals primarily with Insurance Ireland. To overcome this, Scott and Robin Inns, whilst improving our back office and
Cost Management. introduced a broker with offices based in purchasing processes. These combined
Belfast. This has been of real benefit to benefits have really set us on a sound
Working with Botanic Inns, Scott and Robin
Botanic Inns as the new broker has a strong footing from which to move forward.”
built a detailed understanding of the
knowledge and understanding of the
business, covering it’s exposure and Whilst improving the bottom line was the
Northern Irish insurance marketplace and
tolerance of risk, as well as the company’s primary aim of the project, a significant
the local factors that distinguish it from
plans and objectives. Using their market benefit of engaging Expense Reduction
other insurance markets throughout the UK.
insight, they selected a high-quality national Analysts was the simplification of the supply
broker – with the right resources and An additional benefit of the project process chain. This was of real value to Botanic Inns
technical insight to cater for those was the independent perspective that it as it enabled them to be more efficient and
requirements – which produced an provided, introducing greater clarity into the make better use of their time.
alternative, fully-costed programme way Botanic Inns’ insurance and risk
designed to improve the quality of cover management programmes are structured
and service that Botanic Inns were currently and managed. Building on this, Scott and
receiving, whilst aligning the programme Robin were able to create a more efficient
with its evolving commercial needs and and effective ‘tri-partite relationship’
reducing the cost. between Botanic Inns, the broker and the
company’s insurers, which by properly
positioning the risk management work being
undertaken by Botanic Inns, has helped to
deliver better cover for lower premiums
delivering an overall savings of 16% in the
insurance category.
Summarising the relationship with Expense Reduction Analysts,
Lorraine Ormsby, Company Accountant, Botanic Inns, commented:
“Our partnership with Expense Reduction Analysts has been
really beneficial, their knowledge and expertise has been
invaluable as there were areas of spend within our business
that we wanted to assess, but just didn’t have adequate
resources to achieve the savings that the consultants were
able to. I would recommend them to other organisations
based not only on their ability to improve profits, but also
the reliable and professional service they provide.”
find extra profit
www.expense-reduction.ie