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, May 12, 2011 by John Baragar
Regardless of the scope, size, or importance of a change, the most critical factor is people. Unfortunately, the vast majority of people, including your employees, don’t like change. At best they are wary of it, and at worst, hinder your efforts in order to bring back the good old days. I’ve...

Thursday, May 5, 2011 by Forrest James
The old adage has proven itself time after time – is it happening again? A few observations, based on diesel fuel price information from the U.S. Department of Energy for the last 5-1/2 years: : • We all are experiencing some level of sticker shock every day as we head to the gas pumps… so are...

Friday, April 22, 2011 by Jim Agnew
As a result of rising commodity prices, even the largest diversified packaged food companies are taking a variety of actions to prevent significant margin deterioration. According to a recent industry report, experts expect companies to offset most of the commodity cost increases through a...

Friday, April 15, 2011 by Jim Agnew
In today’s economy, facility and building managers are under increasing pressure to cut costs and do more with less. But as budget belts tighten, requirements and requests for high-quality maintenance remain. At the same time, there is a growing awareness of the importance of using more...

Tuesday, April 12, 2011 by
Over the last two years, many CEO’s and CFO’s have focused their company’s efforts on cost reduction, saving cash and hoping to last long enough to outpace the recession. During this period, they cut back on their most expensive area, compensation, by reducing staff to a minimum. Only the best...

Wednesday, April 6, 2011 by Bradly Davidson
When your company considers ways to achieve savings, the first line of offense is to reduce expenses. By cutting costs, you realize immediate “hard” savings. But what about secondary “soft” savings? You attain soft savings when you improve business processes and take full advantage of available...

Tuesday, April 5, 2011 by
The world’s fastest growing companies are generally very innovative, not only in their products and services but also their operations. They take advantage of every technique possible to expand their market while minimizing costs. For example, their web sites are “hubs” for integrated marketing...

Monday, February 28, 2011 by Jim Agnew
North American polypropylene buyers were snowed under by substantial January price increases- and the end may not be in sight. Short-term propylene monomer outages are playing a big role in the move. The big increase also is causing interesting debate on a couple of other major factors influencing...

Monday, February 21, 2011 by Patrick Garr
When was the last time you thought about the administrative costs associated with the purchasing function of your company. Not the labor content for your purchasing staff; but the transactional costs associated with each and every order your firm must place. Have you considered the cost...

Wednesday, January 12, 2011 by Jim Agnew
Published prices on virtually all resin materials increased substantially in 2010 – some nearly 50% above 2009 levels. Although some, like high density PE and linear low density PE, fell an average of 12 cents per pound since May 1 - wiping out most of an 18-cent increase that hit the market in the...

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