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Follow on Google News | Buyingteam Launches 100 Day Campaign For Immediate Cost SavingsRapid savings tool helps companies quickly cut spending by up to 5% while leaving the staff untouched
By: buyingTeam The 100 day savings campaign has been designed to service companies under pressure to improve efficiency and make quick, yet strategic savings in a contracting economy where cash is king. In 100 days, buyingTeam can deliver material savings on procurement spend, which is usually 1/3 or more of what a business spends - The average company can save up to 40% on stationery costs alone - Reviewing mobile phone contracts can save up to 35% a year - We are seeing double digit % savings in professional services costs For many companies, getting a unified view of overall spend is difficult. buyingTeam will draw on its extensive experience to review a company’s existing expenditure and search out ways of rapidly reducing it. To achieve this, buyingTeam takes a methodical approach to target quick and real savings. The team can drive new contract agreements, change suppliers or implement new internal processes to promote efficiency and drive down costs. • Experienced – buyingTeam works with £200m+ companies and can quickly benchmark new clients to identify projected achievable savings • Fast – within five days the customer receives an analysis of where rapid and significant savings can be made • Strategic – buyingTeam looks at how products are used to maximise efficiency as well as driving down costs • Negotiators – buyingTeam zooms in on a company’s top 100 suppliers to unleash potential savings “Companies need to be able to strip out savings quickly. It is vital to do this strategically to ensure no unintended loss in quality of products or services.” said Guy Strafford, Client Services Director, buyingTeam. “The last thing a company wants to lose is its human capital – managers will want to be sure they’ve found every other possible saving before that seems like a possibility. Gaining a good understanding of company spending and seeing a reduction of costs within 100 days is highly valuable for companies looking to see benefits very quickly indeed.” Press office For further information please see www.buyingteam.com or contact: Georgina Ruttle 020 7269 7255 georgina.ruttle@ Sebastian Mathews 020 7269 7158 sebastian.mathews@ # # # About buyingTeam: buyingTeam is a leading independent procurement consultancy. It works with £200m+ companies helping them to ‘buy better’ with the goal reducing the cost of buying goods and services, minimising overheads and efficiently managing purchasing processes. buyingTeam have over 100 procurement specialists working in the UK and Europe, and manages a total £2bn of client expenditure. Companies working with buyingTeam include British Airways, Universal Music, Channel 4, Man Group and 3i. End
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