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find extra profit




Helping organisations reduce costs
       and increase profits in ways
                that others cannot!




                  Expense Reduction
                  Analysts
“Expense Reduction Analysts delivered
a Profit Improvement Programme for
ADAS across £2.1 Million of expenditure
covering 21 different expense areas.
This resulted in an average saving of
19.6% producing £412,700 of annual
savings.”

Mark Talbot
Head of Facilities ADAS
Find Extra Profit




When looking to increase profitability,       You may have spoken to cost reduction          At Expense Reduction Analysts, we work
companies understandably focus on             consultants in the past who may have           with a wide range of companies, from
two of their most controllable areas;         offered small, short-term savings across       not-for-profit organisations such as
sales growth and overhead reduction.          a few areas of your business. Expense          schools, charities and healthcare
Using the limited amount of in-house          Reduction Analysts is unique in its            providers through to SMEs and large
experience and knowledge available,           ability to deliver widespread profit           multi-national corporations.
many successfully achieve moderate            improvements over the course of a
improvements to their bottom line as          long-term relationship.
they secure reductions on costs and
initiate a much needed sales drive.           Working in partnership, we will achieve
                                              this profit improvement without
However, whilst attempting to increase        compromising quality, service or your
sales may take several years, reviewing       control over your purchasing. It is our
your overheads with a company that has        status as the world’s largest profit
true expertise in over 100 different supply   improvement specialist that underpins
areas as well as a much greater purchasing    our ability to do this.
influence could add significant profit back
into your business within months.




                                              When Richard first discussed engaging
                                              Expense Reduction Analysts I was
                                              very sceptical. I did not believe that
                                              they would be able to achieve a
                                              better result - we are now saving
                                              £357,791 P.A.
                                              “Medical trials packaging is a complex business with very stringent quality and service
                                              requirements and significant penalties if things go wrong. We’re really not interested
                                              in simply buying more cheaply if there’s a risk attached. Expense Reduction Analysts’
                                              success has been to maintain service and quality while at the same time securing
                                              annual savings of £357,791 across a number of cost areas. This professional approach
                                              has created the trust to look at ever more complex parts of the business."

                                              Fred Gilliver
                                              Purchasing Executive Almedica




                                                                                  Find Extra Profit Expense Reduction Analysts           3
Your Team on the Inside




    Whilst our buying power is impressive, it
    is our extensive in-house knowledge and
                                                    “The saving on
    expertise that will deliver truly significant   insurance that
    results. For example, when addressing
    some of the more complex cost areas             we achieved
    such as insurance, business rates, bank
    fees, communications and logistics, we          exceeded all our
    will assign specialists with first-hand
    experience of working within the
                                                    expectations.
    relevant market sectors. This means
    that our analysts are aware of not only
                                                    We would not have
    ‘true cost prices’ but also the optimum         made those savings
    route to securing you the best deal.
                                                    without their valuable
    This expertise was demonstrated when
    working with Volkswagen Group UK Ltd            guidance”
    to review its existing insurance
    arrangements. Despite its size, reputation      Geoff Hunt
    and clear understanding of the automotive       Deputy General Counsel, Volkswagen Group UK Ltd
    industry, the Volkswagen Group UK Ltd
    was unable to secure acceptable savings
    on its policies. Expense Reduction
    Analysts leveraged its knowledge,
    expertise and experience to achieve             This pooled and continually developing      When we are engaged, our only objective
    a cross-group saving that had previously        knowledge gives us considerable power       is to do what is right for our client - and
    seemed to be impossible.                        when negotiating with suppliers to ensure   these are the strict terms on which we
                                                    that you receive best prices and the best   have been able to forge strong working
    We are consistently able to attain better       quality of service now and in the future.   relationships with suppliers and service
    deals than any one company, irrespective                                                    providers alike.
    of its size or purchasing power, due to the     Also, whilst we are an influential force
    way in which we share and build on all          within the supply chain, we are immune
    knowledge obtained during each profit           to influence from suppliers. For example,
    improvement programme.                          we do not accept commission.




4   Expense Reduction Analysts Your Team on the Inside
The trusted advisor that really cares
about your business
“I have been really impressed with not only the savings achieved, but also the depth
of analysis work carried out by the team.

Their professional approach and extra effort that is made to ensure that quality and
service levels are not affected is excellent. I also like the lengths that they go to when
working with our existing suppliers, with whom we have long-term relationships.
Only when all other options are exhausted do they suggest a change in supplier.”



Ashley Long
Financial Director - Paul Smith


                                                                              Your Team on the Inside Expense Reduction Analysts   5
The Power of Procurement

    As the world’s largest profit improvement    This is the reason that in the majority   The cost reductions we achieve are driven
    specialist, working in 28 countries world-   of projects, clients choose to retain     through professional negotiation and
    wide, Expense Reduction Analysts has a       the existing supplier at the end of       include a comprehensive evaluation of
    global purchasing influence that gives       our negotiation period.                   not only the supplier’s compliance to your
    even our biggest clients extra weight.                                                 specific needs but also its compliance to
                                                 We compare the market providing           any industry certification requirements.
    Given our purchasing influence, we are       openness and transparency allowing        Also, we commit to monitor, on a
    regularly able to negotiate special terms    you to make informed decisions which      project-by-project-basis, supplier
    with suppliers, often at Director level,     are right for you. No matter what you     performance to ensure that consistent
    accessing pricing that is unique to us.      decide, whether retaining existing        savings are being realised without any
    Our clients benefit from this as do our      suppliers or switching to new ones,       degradation in the quality of the products
    suppliers. Even with existing suppliers,     you will almost certainly see a marked    or level of service received.
    we regularly identify cost efficiencies      improvement in the value of the service
    within the supply chain leading to           you receive, irrespective of whether
    improved pricing for clients and a           cost savings are achieved or not.
    lower cost base for the suppliers.


6   Expense Reduction Analysts The Power of Procurement
Buying power that
                                                                                               has given even our
                                                                                               biggest clients
                                                                                               extra weight




Strong Supplier Relations
“Office Zone has enjoyed a long-standing business relationship with Expense Reduction
Analysts. This has provided us with many opportunities to win business in the UK
through the tremendous influence they have in the market. The most important asset
they provide is the friendly introduction to clients, ensuring that all the procedures are
in place to service their client to the highest possible level from all sides of the table.”

                       Ron Binns
                       Sales Director - Office Zone



“The volume of business that we can win from Expense Reduction Analysts is enormous.
This can be demonstrated as 40% of our turnover is now purely made up from their
delighted clients. We understand that we have to meet key criteria on price, quality
of service and customer support, and we know how diligent their consultants are in
ensuring we continually meet these high service level requirements. We have been so
impressed that we engaged them to review our own costs which has resulted in some
excellent savings.”

                       Christopher Holloway
                       Managing Director – Manor Printing Services




                                                                      The Power of Procurement Expense Reduction Analysts   7
Clients for Life




    Expense Reduction Analysts is committed
    to building long-term relationships based
                                                   “It is Expense Reduction Analysts’
    on openness, teamwork and trust. We
    work entirely in partnership with our
                                                   ability to draft in experts in any
    clients, delivering tangible benefits and      given cost area from their network
    providing tailored services to meet their
    corporate goals and ultimately find            which has most impressed us.”
    extra profit.

    Through partnering with us, you and your       “It was not just their ability to organise lower rates, but their detailed investigation into
    team will always be in control. Our key        our needs that was most impressive. They provided an impartial review, answered all
    requirement from you, is to identify those     questions clearly, and managed to implement their result without any change to our
    cost areas which you believe have the          arrangements. We have been working with Expense Reduction Analysts for some time
    highest impact on your profits and any         now and the relationship is very strong, mainly due to their willingness to be flexible
    additional areas which you are not able        and their persistence to get the best possible result.”
    to easily address in-house.
                                                   Jon Brabbin
    We then undertake a review in order to         Financial Director The Lowry
    assess the scale of opportunity for profit
    improvement. If required, these results
    can be researched further and presented
    back to you within a comprehensive             supplier performance monitoring, detailed
    report. You then decide the way forward.       management information and reporting.

    Once savings have been identified in line      Our goal is to have delighted clients. This
    with the project brief agreed, you will        principle means that many clients choose
    have the option to choose the solution         to retain these services beyond the initial
    that best fits your needs. If the project is   contract period. Of course, there is no
    contingency fee based, we will share the       obligation to do this at the outset, we
    savings over the contracted period.            understand that you will only ever want
    Throughout this period, you will have          this service if we have added sufficient
    access to all of the benefits we provide       value during our contracted period.
    relating to supplier negotiations,




8   Expense Reduction Analysts Clients for Life
Improved systems, enhanced supplier relations and some
major profit improvement in all areas for Pizza Hut
“We are delighted with Expense Reduction      and backed up by detailed analysis, which   of the key reasons why Expense
Analysts’ work! Its consultants were highly   has enabled us to take well-informed        Reduction Analysts is so successful.
focussed and were able to pinpoint exactly    decisions.                                  Its analysts are totally focussed which
how best to approach this project. When                                                   means they are able to meet deadlines
they met with key personnel from Pizza        Expense Reduction Analysts was then able    and actually make things happen!”
Hut (UK), there was a minimal amount          to follow through its recommendations
of disruption to the ongoing business.        by handling the negotiations and            Gerard Carolan
All reports have been clear and concise       implementation. This, in my mind, is one    Financial Controller Pizza Hut




                                                                               Clients for Life Expense Reduction Analysts          9
Moving Forward




     Expense Reduction Analysts has a proven     In addition, our clients have benefited        Partnering with
     track record, as demonstrated by our        from improved levels of service and
     delighted clients featured on our website   quality from both existing and new
                                                                                                Expense Reduction
     and in this document. With our help they    suppliers alike.                               Analysts represents
     have managed to unlock the unknown
     or seemingly inaccessible extra profit      Although the work we undertake is
                                                                                                little, if any, risk
     available within their businesses.          complex and intensive, our ‘no-savings,        and therefore your
                                                 no-fee’ guarantee emphasises Expense
     We are currently partnered with over        Reduction Analysts commitment
                                                                                                only decision is
     1700 clients in the UK alone, providing     to reduce your costs and improve               how soon you wish
     them with average savings of 19.7% on       your profits while ensuring that the
     their identified costs and significantly    project is self-funding from monies that
                                                                                                to start improving
     boosting their profits. Therefore if we     would otherwise go to the supplier.            your profits.
     can do it for them we can do it for you.




                                                 Independent assurance,
                                                 peace of mind and fantastic
                                                 savings for Scotmid

                                                 “The real value of Expense Reduction Analysts is the independent assurance
                                                 and peace of mind they are able to provide, and all of this without having to
                                                 tie up any internal resource.

                                                 At the outset I was somewhat sceptical that Expense Reduction Analysts could
                                                 achieve savings of any significance in an area where we had already done
                                                 considerable work so I was naturally pleasantly surprised when they were
                                                 able to report 41% savings.”

                                                 Adrian Lorimer
                                                 Head of Property and Development




10   Expense Reduction Analysts Moving Forward
Ernst & Young saves €250,000
on car fleet expenses
“Lower cost is not incompatible with higher quality”

Expense Reduction Analysts in Brussels was called in to look at the way Ernst & Young
purchased and managed its 1,000-strong vehicle fleet. We were able to achieve
€250,000 in savings by redefining the service level requirements of the fleet
to achieve better pricing with fewer suppliers.

Ghislain Vanfraechem
Facilities Manager - Ernst & Young
find extra profit


Argentina   Australia   Austria   Belgium    Brazil   Canada   Chile   Columbia   Ecuador France

Germany Greece Hungary Jordan Italy Lebanon Luxembourg Mexico Morocco Netherlands

New Zealand    Panama     Portugal   Spain   Taiwan    United Kingdom     United States   Uruguay




                                                                       Expense Reduction
                                                                       Analysts

                                                                       www.erauk.net

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Find Extra Profit

  • 1. find extra profit Helping organisations reduce costs and increase profits in ways that others cannot! Expense Reduction Analysts
  • 2. “Expense Reduction Analysts delivered a Profit Improvement Programme for ADAS across £2.1 Million of expenditure covering 21 different expense areas. This resulted in an average saving of 19.6% producing £412,700 of annual savings.” Mark Talbot Head of Facilities ADAS
  • 3. Find Extra Profit When looking to increase profitability, You may have spoken to cost reduction At Expense Reduction Analysts, we work companies understandably focus on consultants in the past who may have with a wide range of companies, from two of their most controllable areas; offered small, short-term savings across not-for-profit organisations such as sales growth and overhead reduction. a few areas of your business. Expense schools, charities and healthcare Using the limited amount of in-house Reduction Analysts is unique in its providers through to SMEs and large experience and knowledge available, ability to deliver widespread profit multi-national corporations. many successfully achieve moderate improvements over the course of a improvements to their bottom line as long-term relationship. they secure reductions on costs and initiate a much needed sales drive. Working in partnership, we will achieve this profit improvement without However, whilst attempting to increase compromising quality, service or your sales may take several years, reviewing control over your purchasing. It is our your overheads with a company that has status as the world’s largest profit true expertise in over 100 different supply improvement specialist that underpins areas as well as a much greater purchasing our ability to do this. influence could add significant profit back into your business within months. When Richard first discussed engaging Expense Reduction Analysts I was very sceptical. I did not believe that they would be able to achieve a better result - we are now saving £357,791 P.A. “Medical trials packaging is a complex business with very stringent quality and service requirements and significant penalties if things go wrong. We’re really not interested in simply buying more cheaply if there’s a risk attached. Expense Reduction Analysts’ success has been to maintain service and quality while at the same time securing annual savings of £357,791 across a number of cost areas. This professional approach has created the trust to look at ever more complex parts of the business." Fred Gilliver Purchasing Executive Almedica Find Extra Profit Expense Reduction Analysts 3
  • 4. Your Team on the Inside Whilst our buying power is impressive, it is our extensive in-house knowledge and “The saving on expertise that will deliver truly significant insurance that results. For example, when addressing some of the more complex cost areas we achieved such as insurance, business rates, bank fees, communications and logistics, we exceeded all our will assign specialists with first-hand experience of working within the expectations. relevant market sectors. This means that our analysts are aware of not only We would not have ‘true cost prices’ but also the optimum made those savings route to securing you the best deal. without their valuable This expertise was demonstrated when working with Volkswagen Group UK Ltd guidance” to review its existing insurance arrangements. Despite its size, reputation Geoff Hunt and clear understanding of the automotive Deputy General Counsel, Volkswagen Group UK Ltd industry, the Volkswagen Group UK Ltd was unable to secure acceptable savings on its policies. Expense Reduction Analysts leveraged its knowledge, expertise and experience to achieve This pooled and continually developing When we are engaged, our only objective a cross-group saving that had previously knowledge gives us considerable power is to do what is right for our client - and seemed to be impossible. when negotiating with suppliers to ensure these are the strict terms on which we that you receive best prices and the best have been able to forge strong working We are consistently able to attain better quality of service now and in the future. relationships with suppliers and service deals than any one company, irrespective providers alike. of its size or purchasing power, due to the Also, whilst we are an influential force way in which we share and build on all within the supply chain, we are immune knowledge obtained during each profit to influence from suppliers. For example, improvement programme. we do not accept commission. 4 Expense Reduction Analysts Your Team on the Inside
  • 5. The trusted advisor that really cares about your business “I have been really impressed with not only the savings achieved, but also the depth of analysis work carried out by the team. Their professional approach and extra effort that is made to ensure that quality and service levels are not affected is excellent. I also like the lengths that they go to when working with our existing suppliers, with whom we have long-term relationships. Only when all other options are exhausted do they suggest a change in supplier.” Ashley Long Financial Director - Paul Smith Your Team on the Inside Expense Reduction Analysts 5
  • 6. The Power of Procurement As the world’s largest profit improvement This is the reason that in the majority The cost reductions we achieve are driven specialist, working in 28 countries world- of projects, clients choose to retain through professional negotiation and wide, Expense Reduction Analysts has a the existing supplier at the end of include a comprehensive evaluation of global purchasing influence that gives our negotiation period. not only the supplier’s compliance to your even our biggest clients extra weight. specific needs but also its compliance to We compare the market providing any industry certification requirements. Given our purchasing influence, we are openness and transparency allowing Also, we commit to monitor, on a regularly able to negotiate special terms you to make informed decisions which project-by-project-basis, supplier with suppliers, often at Director level, are right for you. No matter what you performance to ensure that consistent accessing pricing that is unique to us. decide, whether retaining existing savings are being realised without any Our clients benefit from this as do our suppliers or switching to new ones, degradation in the quality of the products suppliers. Even with existing suppliers, you will almost certainly see a marked or level of service received. we regularly identify cost efficiencies improvement in the value of the service within the supply chain leading to you receive, irrespective of whether improved pricing for clients and a cost savings are achieved or not. lower cost base for the suppliers. 6 Expense Reduction Analysts The Power of Procurement
  • 7. Buying power that has given even our biggest clients extra weight Strong Supplier Relations “Office Zone has enjoyed a long-standing business relationship with Expense Reduction Analysts. This has provided us with many opportunities to win business in the UK through the tremendous influence they have in the market. The most important asset they provide is the friendly introduction to clients, ensuring that all the procedures are in place to service their client to the highest possible level from all sides of the table.” Ron Binns Sales Director - Office Zone “The volume of business that we can win from Expense Reduction Analysts is enormous. This can be demonstrated as 40% of our turnover is now purely made up from their delighted clients. We understand that we have to meet key criteria on price, quality of service and customer support, and we know how diligent their consultants are in ensuring we continually meet these high service level requirements. We have been so impressed that we engaged them to review our own costs which has resulted in some excellent savings.” Christopher Holloway Managing Director – Manor Printing Services The Power of Procurement Expense Reduction Analysts 7
  • 8. Clients for Life Expense Reduction Analysts is committed to building long-term relationships based “It is Expense Reduction Analysts’ on openness, teamwork and trust. We work entirely in partnership with our ability to draft in experts in any clients, delivering tangible benefits and given cost area from their network providing tailored services to meet their corporate goals and ultimately find which has most impressed us.” extra profit. Through partnering with us, you and your “It was not just their ability to organise lower rates, but their detailed investigation into team will always be in control. Our key our needs that was most impressive. They provided an impartial review, answered all requirement from you, is to identify those questions clearly, and managed to implement their result without any change to our cost areas which you believe have the arrangements. We have been working with Expense Reduction Analysts for some time highest impact on your profits and any now and the relationship is very strong, mainly due to their willingness to be flexible additional areas which you are not able and their persistence to get the best possible result.” to easily address in-house. Jon Brabbin We then undertake a review in order to Financial Director The Lowry assess the scale of opportunity for profit improvement. If required, these results can be researched further and presented back to you within a comprehensive supplier performance monitoring, detailed report. You then decide the way forward. management information and reporting. Once savings have been identified in line Our goal is to have delighted clients. This with the project brief agreed, you will principle means that many clients choose have the option to choose the solution to retain these services beyond the initial that best fits your needs. If the project is contract period. Of course, there is no contingency fee based, we will share the obligation to do this at the outset, we savings over the contracted period. understand that you will only ever want Throughout this period, you will have this service if we have added sufficient access to all of the benefits we provide value during our contracted period. relating to supplier negotiations, 8 Expense Reduction Analysts Clients for Life
  • 9. Improved systems, enhanced supplier relations and some major profit improvement in all areas for Pizza Hut “We are delighted with Expense Reduction and backed up by detailed analysis, which of the key reasons why Expense Analysts’ work! Its consultants were highly has enabled us to take well-informed Reduction Analysts is so successful. focussed and were able to pinpoint exactly decisions. Its analysts are totally focussed which how best to approach this project. When means they are able to meet deadlines they met with key personnel from Pizza Expense Reduction Analysts was then able and actually make things happen!” Hut (UK), there was a minimal amount to follow through its recommendations of disruption to the ongoing business. by handling the negotiations and Gerard Carolan All reports have been clear and concise implementation. This, in my mind, is one Financial Controller Pizza Hut Clients for Life Expense Reduction Analysts 9
  • 10. Moving Forward Expense Reduction Analysts has a proven In addition, our clients have benefited Partnering with track record, as demonstrated by our from improved levels of service and delighted clients featured on our website quality from both existing and new Expense Reduction and in this document. With our help they suppliers alike. Analysts represents have managed to unlock the unknown or seemingly inaccessible extra profit Although the work we undertake is little, if any, risk available within their businesses. complex and intensive, our ‘no-savings, and therefore your no-fee’ guarantee emphasises Expense We are currently partnered with over Reduction Analysts commitment only decision is 1700 clients in the UK alone, providing to reduce your costs and improve how soon you wish them with average savings of 19.7% on your profits while ensuring that the their identified costs and significantly project is self-funding from monies that to start improving boosting their profits. Therefore if we would otherwise go to the supplier. your profits. can do it for them we can do it for you. Independent assurance, peace of mind and fantastic savings for Scotmid “The real value of Expense Reduction Analysts is the independent assurance and peace of mind they are able to provide, and all of this without having to tie up any internal resource. At the outset I was somewhat sceptical that Expense Reduction Analysts could achieve savings of any significance in an area where we had already done considerable work so I was naturally pleasantly surprised when they were able to report 41% savings.” Adrian Lorimer Head of Property and Development 10 Expense Reduction Analysts Moving Forward
  • 11. Ernst & Young saves €250,000 on car fleet expenses “Lower cost is not incompatible with higher quality” Expense Reduction Analysts in Brussels was called in to look at the way Ernst & Young purchased and managed its 1,000-strong vehicle fleet. We were able to achieve €250,000 in savings by redefining the service level requirements of the fleet to achieve better pricing with fewer suppliers. Ghislain Vanfraechem Facilities Manager - Ernst & Young
  • 12. find extra profit Argentina Australia Austria Belgium Brazil Canada Chile Columbia Ecuador France Germany Greece Hungary Jordan Italy Lebanon Luxembourg Mexico Morocco Netherlands New Zealand Panama Portugal Spain Taiwan United Kingdom United States Uruguay Expense Reduction Analysts www.erauk.net