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Press Release:
Alliance Cost Containment
Saves $65,000+ for Farming Operation
by Max Friar, Business Development Manager, Alliance Cost
Containment
Article:
The cost-saving techniques of Alliance Cost Containment apply
across virtually all business types, including agricultural
enterprises. In a recent project, we helped a thoroughbred
horse farm save $65,145 through a disciplined review of expenses
and targeted cost-reduction efforts.
After reviewing all suppliers, our client engaged us to review
expenses from approximately 120 suppliers accounting for $1.25
million in annual expenses. Our analysis revealed opportunities
in five principal areas – equipment & maintenance,
medical supplies, telecommunications, fuels & gases and
transportation. While the farm has a strong reputation
for cost control, they recognized that our fresh perspective
and national purchasing relationships might bring added value
to their savings campaign. The client's stated
goal was for Alliance Cost Containment to help them find the
savings opportunities they might have missed.
The results of our campaign yielded several pockets of additional
savings. Equipment & maintenance costs were reduced
$12,000 (an average of 29.5%), medical supply expenses were
trimmed almost $10,000 (averaging 4%), telecom was reduced
$7,400 (28.5%), transportation costs were reduced $23,750
(11.9%), and fuels & gases were trimmed $9,380 (7.8%).
Most of these cost reductions came from price reductions by
and consolidation of existing suppliers, resulting in quick
implementation of the new savings. Continued monitoring
by ACC will ensure the delivery of these savings in the months
to come. Regardless of your business type, the ACC process
can provide savings for your company, too.
About Alliance Cost Containment:
Alliance Cost Containment is a national expense-reduction
advisory firm. With over 40 offices spanning North America,
ACC's purchasing aggregation and vendor-management processes
provide small and mid-sized business access to the kind of
large corporate purchasing power they are often unable to
capture on their own. ACC also facilitates detailed vendor
management and reporting processes to make sure our clients
capture the savings that we help generate. Established in
1992, ACC has served over 700 clients nationwide.
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