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.

Tuesday, January 14, 2014 by Tina Phillips
Regions: Florida
At the end of 2013, more than 2 million Americans had enrolled for health care on the federal exchange as part of the Affordable Care Act (ACA), signing up on the Healthcare.gov website.* So what does this mean to health care providers, including hospitals, long-term care facilities, even...

Sunday, December 15, 2013 by Rudy Bazelmans
Regions: United States
In developing an RFP, reducing supplier risk in the bidding process is essential. Decreasing risk can lead to increased savings. Let’s examine this reasoning more carefully.   For instance, when bidding out copiers (i.e., multi-function devices), the obvious approach is to tell...

Sunday, December 15, 2013 by Annette Smith
Regions: United States
In the field of procurement, small businesses (SEs) are often at a disadvantage compared to bigger companies. This can be an asset for some activities requiring flexibility but can become a disadvantage when it comes to negotiating, as SEs may lack the buying power of bigger corporations, or if...

Friday, November 15, 2013 by Sonia Gamache
Regions: United States
As we approach the New Year, UPS and FedEx’s annual small package freight rate increases are right around the corner!  Despite a struggling economic climate, FedEx has already announced its 2014 rate increases, and UPS rate hikes are expected to follow.   Annual rate increases have...

Friday, November 15, 2013 by Charles Rumble
Regions: United States
For many procurement managers, knowing the source and country of origin for chemicals they purchase is an important part of procurement.  Strict internal quality standards and the theme “Buy American” often prevail in the decision-making process to ensure the goods are high quality...

Friday, November 15, 2013 by Jim Agnew
Regions: United States
In times of declining revenues, uncertain markets, increasing costs and slipping margins, it is natural for company leadership to initiate internal cost-reduction efforts. The logic is simple – if we can save a few dollars here and there, perhaps we can pay other bills, increase bottom-line...

Tuesday, October 15, 2013 by Jim Agnew
Regions: United States
Occasional absences from work are inevitable – employees get sick, injured, or have to take care of family members or personal business.  In a healthy economic environment, these infrequent, short absences are typically viewed as “all in a day’s work”; however, economic...

Tuesday, October 15, 2013 by Rene Ford
Regions: United States
We all know the phrase, “when the going gets tough, the tough get going.”  Over the past seven years that has probably gained new meaning in the print industry.  Going into our recent economic downturn, print enjoyed a fairly stable annual sales figure of about $130 billion a...

Friday, September 20, 2013 by Fred Muhleman
Regions: United States
Co-authored by Fred Muhleman and Dan McHugh     Whether it is Property & Casualty, Workers Compensation or Healthcare, insurance are under the microscope more than ever before.  The costs are taking a bigger bite of the pie and in some cases, predetermining how we run our...

Friday, September 20, 2013 by Robert Katzman
Regions: United States
Many of us recall that the banking industry nearly self-imploded in 2008 and 2009.  The good news for banks is that for many, profits have seen a significant recovery in recent quarters. Hooray if you own bank stocks!    However, have we stopped to consider what has fueled the return...

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