Case study: Training company saves £55,000 a year through Procura Solutions
ClientOur client is a leading independent Apprenticeships and Traineeships provider at the forefront of thinking and policy in skills, education and employability. With a turnover of approx. £14m the company was not large enough to have it’s own procurement resource and, as such, the management of overhead costs had never had any focus. They felt they were “getting a good deal”!
ApproachBy quickly bench-marking the company’s current spend on overheads such as utilities, telecoms and office supplies, we were able to identify exactly how much could be saved. Our rapid on-boarding process enabled the company to switch suppliers smoothly and efficiently.
By switching to Procura Solutions framework suppliers, the company was able to immediately reduce overhead costs:
- Office Supplies – a 38% saving on like-for-like products with an additional 9% saving from a specially selected core list. The company now benefits from an on-line catalogue, control of maverick spend and consolidated invoicing.
- Utilities –an 8% reduction in electricity costs from a simple change of provider and tariff Fixed line telecoms
- A 15.3% reduction through a straightforward change of provider Mobile telecoms
- An 11% saving through a tariff review, line audit and simple change of provider, but with no change to network, users were not even aware of the change
In total, joining Procura Solutions has saved the company over £55,000 per year
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