Purchasing Analysis Identifies $56K in Over Charges!

Purchasing Analysis Identifies $56K in Over Charges!

Objective

Identify potential savings for client prospect presentation.

Solution

Performed comprehensive analysis of 12 months actual spend detail for a potential new client.

RESULTS

$56,000

$56K in supplier overcharges discovered

Saved Time

Only one hour of time required by potential client

Prospect to Client

Potential client became an active client

Identified Potential Savings

Analysis identified hundreds of thousands in potential savings opportunities for the entire portfolio

THE STORY

An analysis of annual purchases was completed during the sales process for a 100% fee management operator.  This analysis was initiated to identify savings and cost reduction strategies. In addition to identifying product category standardization opportunities, rehab purchases were compared against the contract price list developed for the properties.

Buyers Access comprehensive analysis discovered significant overcharges on appliances, generating substantial refunds back to the operator, even before they joined Buyers Access as a client.