ERA - Expert Blogs

Blogs

While our buying power is impressive, it is the extensive in-house knowledge and expertise at Expense Reduction Analysts that deliver truly significant cost reductions for our clients. Many of our cost analysis experts share their thoughts in this section.

Here you can read our experts' perspectives and insights on current and ongoing topics in expense management as well as get cost saving ideas and other advice on cost reduction and supplier management. Contact us directly for further information or to discuss any of the topics covered.

Thursday, October 16, 2014 by Randy Mackay
Regions: United States
In Chicago, Mayor Rahm Emanuel recently ordered city contractors to increase workers’ minimum wage. From the current $8.25 an hour, the new minimum wage will go up to at least $13 an hour. The Mayor’s action will affect around 1,000 workers, and a proposed ordinance would bump...

Thursday, October 16, 2014 by Marlys Schmitt
Regions: United States
In the realm of business insurance, most companies work with a trusted incumbent broker or agent to purchase insurance such as Property and Casualty Insurance. The agent designs and negotiates a company’s insurance program, handles complex claims situations and proactively addresses day-to-...

Monday, September 15, 2014 by Jim Agnew
Regions: United States
UPS and FedEx announced earlier this year that they would be transitioning to the much-maligned — and typically misunderstood — “DIM weight” package rating schedule, starting in January 2015. Dimensional weight is a billing technique which takes into account the...

Monday, September 15, 2014 by Dave Thorpe
Regions: United States
It’s a nice, unexpected surprise. The money you find in your pocket you forgot was there. Just like the “hidden” money you may find personally, organizations can “find” savings, too. The implications here are astounding — just imagine what any business could do...

Friday, August 15, 2014 by John Heiden
Regions: United States
There was much fanfare at the end of 2013 related to approval of the Visa and MasterCard antitrust settlement, the largest in history estimated at more than $7 billion.  While many of the largest merchants — Walmart, Best Buy, and Amazon.com to name a few — opted out of the class...

Friday, August 15, 2014 by Brian Morton
Regions: United States
In today’s ever-changing medical environment, with insurance costs continually on the rise coupled with increasing cutbacks in services to drive down medical costs, you might think the first place to look for savings would be a doctor’s salary. Let’s be honest. Physicians are...

Monday, July 14, 2014 by Greg Brown
Regions: United States
It’s a critical part of doing business. Gloves, wound dressings, bed linen, intravenous solutions, medication carts, cleaning supplies, cafeteria food, high-cost implantable devices — hospitals use supplies like these. The supply chain represents the second largest expense for...

Monday, July 14, 2014 by Rudy Bazelmans
Regions: United States
Every business relies on an assortment of supplies to operate. Whether it’s office supplies, industrial motors, valves, fasteners, packaging materials or janitorial supplies — organizations have traditionally looked to distributors, often local, to meet their supply needs. Products and...

Thursday, June 19, 2014 by Marlys Schmitt
Regions: United States
A regard for ethics should be at the heart of every business transaction, and ethical behavior and honesty should be the first priority of any insurance agent or broker. Clients place a great deal of trust in their agents and brokers to conduct business on their behalf. They rely on these...

Tuesday, June 17, 2014 by ERA Marketing
Regions: United States
What hinders business growth? Limited capital? An old product line? Not enough people? All of these are possibilities — but there’s more to the story.           Many of the barriers impeding business growth are psychological, according to a...

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