cost reduction

Spend Analysis, Telecommunications & Utilities Audit & Vendor Contract Analysis

  • $210, 000 in annual savings from VIE identifying and fully implementing expense reduction services in the telecommunication department. This included $118,000 in credits and refund checks from errors and overpayments from vendors.
  • $545,000 in annual savings from telecommunications re-engineering projects
  • $103,000 annual savings from re-rate of energy charges
  • $310,000 annual savings from a vendor contract - misalignment savings in supply costs. This included $80,000 in credits and refunds for past year errors.
  • 20% reduction in waste disposal costs
  • $65,000 in office supply reductions
  • $102,000 in linen cost reduction
  • Equipment Repairs - $284,000 savings annually
  • $1,284,000 in savings from review of an existing services management contract that was ready to be renewed. A national benchmark study was performed and it was identified that the contract was 20% higher than other similar agreements
  • $43,000 in annual savings for a consolidation of janitorial vendors & supplies