Richard Todd, Managing Director and Fred Gilliver, Purchasing Executive of Almedica, first engaged the services of Expense Reduction Analysts’ in 1999. During this period of time Adam Wheatley, Expense Reduction Analysts’ consultant, and his team have successfully helped to identify an impressive annual saving of £357,791 for Almedica.
Fred Gilliver comments, “Medical trials packaging is a complex business with very stringent quality and service requirements and significant penalties if things go wrong. We’re really not interested in simply buying more cheaply if there’s a risk attached. It’s Expense Reduction Analysts’ ability to deliver considerable bottom line savings without risk to quality or service which ensures that we keep finding them new areas
of our business to look at. At the end of the day it’s all down to team work, and Expense Reduction Analysts’ really does function as part of our extended management team. This level of credibility and trust allows them to propose even challenging changes. It’s not a matter of just paying a bit less for what we buy, it is also about assessing our specific needs and how best to ensure value for money from our suppliers. We’ve been working with Expense Reduction Analysts’ for four years so far. During that time we’ve formed close working relationships with consultants Adam Wheatley and Diane Lane, firmly founded on the professionalism that they bring to every project they undertake for us.”
Adam Wheatley added, “We are currently investigating a spend of over £500,000 on medical trials cartons for Almedica and we are confident that we will again find some good savings while maintaining the high quality and service standards that Almedica demand from their suppliers.”
| Category | Saving(%) | Saving(£) |
|---|---|---|
| General Stationery | 22% | £4,437 |
| Corrugated Cartons | 18% | £33,875 |
| Polystyrene Packaging | 51% | £37,347 |
| Labels | 47% | £73,941 |
| Others | 42% | £208,191 |
| Total Savings | 37% | £357,791 |