With public sector finance firmly in the spotlight Expense Reduction Analysts, in conjunction with the Telegraph Business Club, has today launched a new guide that provides private sector organisations with tips and advice on identifying and reducing unnecessary expenditure.

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copy of the guide

Aimed at helping directors in the business community achieve purchasing efficiencies, realise optimum value from suppliers and reduce costs, the Comprehensive Spending Review for the Private Sector guide includes 50 practical and easily adopted tips to help companies improve the health of their bottom line across a range of cost categories – from logistics and distribution to telecommunications and stationery.

Expense Reduction Analysts believes the commercial sector should follow the public sector’s lead by conducting a Comprehensive Spending Review of its own in order to reduce and remove unnecessary spend.

Robert Allison, managing director of Expense Reduction Analysts, said: “Cost management has risen to the very top of the news agenda and while the Government’s Comprehensive Review has focused on the public sector, the principles of strategic cost, purchase and supplier management very much apply to the private sector.

“With Sir Philip Green claiming that a private company would not survive if it wasted money like the Government, and new research also revealing cost control to be the over-riding priority for CFOs in the next 12 months, now is the clearly time for the business community to follow the Government’s lead and focus on eliminating surplus expenditure. This guide, which includes a number of manageable and enforceable cost reduction solutions, aims to help organisations in the private sector do just that.”

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