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.

1. Expense Reduction Analysts Success Stories
A high tide of savings for
Wharton Grove Wharf
“We were able to find good savings in these
Table of Savings
categories, and we agreed to extend the
remit into other areas. The different Category Saving (%)
categories that we undertook show how
Expense Reduction Analysts’ approach Office Supplies 15.5%
can be tailored to varying circumstances: Office Supplies (Category Revisited) 31.0%
in Office Supplies, for example, we Business Print 25.5%
recommended a consolidation of suppliers to
make the company’s spend more attractive Business Print (Category Revisited) 7.0%
to the market, whereas in Business Print Telecoms 45.9%
we suggested staying with the incumbent
Waste 8.8%
supplier, because of the value attached to
the existing supplier relationship. With Fuel
and Tyres, by contrast, we concluded, as “In Telecoms, the analysis was not quite so
the client expected we would, that they physically demanding, but our detailed
were already receiving best value in the examination of every call prompted a
Wharton Grove Wharf is an inland port
market place, given the requirements for complete overhaul of the telecoms pricing
on the River Trent in Scunthorpe.
quality and service. structure under which Wharton Grove
Encompassing traditional values
Wharf were being charged. Mike Stevenson
coupled with a modern outlook and A relationship founded on trust,
undertook the Office Supplies and Business
ideas, the port now has a capacity of up featuring savings, fostering peace
Print reviews the second time around and
to twelve berths and 3.5 million tonnes of mind
has achieved significant savings in this
of cargo per annum.
“In both Telecoms and Waste, we undertook area again.”
Andrew Brown, Finance Director at Wharton detailed analysis to gain a full understanding
Grove Wharf, had already heard of Expense of the purchase profile and client Andrew Brackenbury sums up the
Reduction Analysts, so, when approached by requirements, ensuring that any solutions relationship between Expense Reduction
Andrew Brackenbury, he was keen to test proposed would be acceptable. I actually Analysts and Wharton Grove Wharf:
out the promise of cost savings. Andrew remember one of our Waste specialists, “We have always enjoyed an excellent
Brackenbury takes up the story: “We first Keith Robinson, rummaging through their relationship with Wharton Grove Wharf:
met in February 2007, and after discussing bins – a process that was absolutely I know they trust us; I know they
the potential opportunity, we decided to necessary for us to understand the mix of appreciate the savings; and I also think
demonstrate the process on Office Supplies waste being produced and the possible that our ongoing monitoring service gives
and Business Print. opportunities for savings and recycling. them peace of mind. Looking to the future,
we have regular conversations about the
possibility of extending our review to new
“Having heard about Expense Reduction categories of expenditure.”
Analysts, I was keen to test them out – and we Andrew Brown, Finance Director at Wharton
Grove Wharf, sums up the value of Expense
haven’t been disappointed. Andrew Brackenbury Reduction Analysts to his company: “Having
heard about Expense Reduction Analysts, I
and his team have uncovered significant savings. was keen to test them out – and we haven’t
been disappointed. Andrew Brackenbury
They have also monitored supplier pricing and and his team have uncovered significant
savings. They have also continued to audit
performance post-implementation, which has supplier pricing and performance after their
initial recommendations have been
allowed us to focus on building our business” implemented. And, in doing so, they have
allowed me to focus on the strategic
financial decisions I have to take in the
Andrew Brown, Finance Director, Wharton Grove Wharf course of building our business.”
find extra profit
www.expense-reduction.co.uk