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| What is Cost Specialists? |
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Cost Specialists is a regional cost
reduction organization that is part of a national network of over
forty cost consulting affiliates, giving us a breadth of experience
and knowledge to bring to your company. We work in partnership with
clients and vendors to reduce costs while maintaining product quality
and vendor service. We partner with a limited number of profit and
nonprofit organizations each year to help them reduce their expenses.
Cost Specialists brings to your business an important outside
viewpoint and, unlike consultants who work for a set or hourly fee,
we operate strictly on a contingency basis. In other words, if we
don't save you money, we don't get paid. We help your company function
more cost-effectively so you can spend your time and assets on product
quality and customer relationships. Our goal is to help your company
cut costs without disrupting personnel or company operations.
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| How will we save? |
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Through negotiated national and local pricing, detailed analysis
and objective recommendations, we provide our clients immediate
expense reduction without sacrificing quality or service. Our clients
specify the areas to be reviewed, but typically we analyze any
or all purchased products or services, including the following
expenses:
» Office supplies and equipment
» Printing and forms
» Paper supplies
» Local and long distance telephone service
and utilities
» Overnight and express mail
» MRO supplies
» Capital expenditures
» Computer supplies & equipment
» Freight and courier services
» Packaging and corrugated supplies
» Waste disposal
» Janitorial supplies
» Coffee
and beverage services
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| How does it work? |
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We design programs to reduce expenses
and improve your profitability. We use proven methodologies—purchasing
analysis and implementation of cost reduction programs to improve
our client's bottom line.
» Cost Specialists will audit
your payable files in areas you feel you may be overpaying. We
will determine your buying patterns and habits, and create a plan
to effectively reduce costs without compromising on quality or
service. The majority of the time we negotiate better pricing with
the vendors you are used to working with.
» We engage company members and vendors
to define the quality, use, specifications and vendor service needs.
» The majority of our work is done off-site
so we do not disrupt your business as an audit typically does.
» You decide which of our recommendations
should be put into action. You are never required to follow any
of the cost-saving strategies we provide.
» We will work with your staff and vendors
to assure a smooth implementation.
What we don’t do
» We never suggest eliminating or
reducing employees, or cutting salaries to save money. We assess
your spending habits and find prudent and beneficial ways to save
money. We want your company and its employees to succeed, so we
want to avoid disrupting your business or its relationship with
employees.
» Cost Specialists does not use
a set of pre-packaged gimmicks to reduce costs. Our cost cutting
strategies are based on analysis of purchasing patterns and vendor
negotiation.
» Cost Specialists does not badger
vendors or play one vendor off another to get a cost savings. We
negotiate to find you the best price and the very best service.
» Cost Specialists does not require
you to change your vendors. We negotiate fees with vendors to obtain
the best pricing and service for your company—in many cases
company’s keep using the same vendors that they have been
using.
» Cost Specialists does not require
you to do anything that you don’t want to. All decisions
on our recommendations are in your control.
» Cost Specialists does not sell
any products or services. Our only goal is to save you money, and
that’s the only way we get paid.
» Cost Specialists does not share
any information about your company or our findings. We
operate on the strictest confidentiality and value your privacy.
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| What will it cost? |
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The service is risk free. Our fee is just
50% of the first years’ documented
savings. After that, 100% of the savings are yours to keep. We don’t
charge a thing if you decide not to follow our recommendations.
And, if Cost Specialists cannot find a way to save you
money, the analysis is completed at no cost to you. Again, if we
can't save you money, we don't get paid!
What is my time commitment?
We minimize any disruption
to your company. Below is a chart that shows the typical time involvement
and process.
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| Will we have to change suppliers? |
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Our clients never give up the right to choose their suppliers.
Although maximum cost savings are generally realized through Cost
Specialist's supplier network, significant savings can
often be negotiated with existing suppliers. We provide valuable
benchmarking data so that our clients can make informed supplier
selections. We focus on getting you the best price for the best
vendor service. You make the final decisions.
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| What results can we expect? |
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Although results vary, clients can expect savings of 15%–40%
across many expense areas.
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| Will using Cost Specialists disrupt my business? |
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We are experts at maintaining the smooth flow of business for
our clients. All information is gathered at your specific direction
and with minimum interruption of your staff's valuable time. In
addition, most of the detailed analysis, as well as the price negotiations
with suppliers, are completed off-site.
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| Why not do this internally? |
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Most organizations do not have the time or the resources to
commit to the detailed analysis that is required to achieve maximum
savings. Also, since our affiliate network represents the collective
volume of hundreds of organizations, we are afforded prices that
our clients could not achieve on their own. By using a reliable
outside source like Cost Specialists, you obtain an objective
analysis and afford your company the time and energy to focus on
what matters most, your products and customers.
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| Why should we retain Cost Specialists? |
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The easiest response to this question
is, "Why not?" Cost
Specialists provides a win-win solution to your expenses reduction
needs:
» You incur no
net costs because we work on a contingency basis.
» The time commitment
required from your staff is minimal.
» Our buying power
and supplier alliances provide you with pricing you could not
achieve on your own.
»You
get the service of experienced professionals, who operate with
integrity and confidentiality, and who know how to help your company
exceed expectations.
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| What success have you had? |
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Our national network of expense reduction affiliates has helped
hundreds of organizations reduce their expenses.
» $450,000 annual savings on MRO supplies
for an automotive supplier.
» $275,000 on LTL freight for an equipment
manufacturer.
» $116,000 on MRO supplies for a tooling
company.
» $27,000 on medical supplies for a tooling
company.
» $18,000 on janitorial supplies for a
nonprofit organization.
» $8,000 on printing costs for a health
care company.
» $48,000 on freight and express mail
for a furniture company.
» $28,000 on long distance telephone service
for a furniture importer.
» $85,000 on corrugated materials for
a printing company.
» $13,000
on temporary personnel service for a nonprofit organization.
See what our customers say about us.
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Copyright
(c) 2004-2006 Cost Specialists and its licensors. All rights reserved. |
