|By PR Newswire||
|March 13, 2014 03:30 AM EDT||
LONDON, March 13, 2014 /PRNewswire/ --
Auditel, the UK and Ireland's highly-regarded Cost Management Consultancy, recently conducted a survey of the leaders of more than 100 organisations in conjunction with the influential magazine, Management Today. More than two-thirds of respondents said that they were engaging in a cost management programme.
Chris Allison, Auditel's Managing Director says: "For the last two decades Auditel's team of over 200 skilled professionals have built a reputation as trusted strategic advisors to management teams of medium and large organisations across the UK and Ireland. With specialists in over 100 business cost areas and a diverse range of industry sectors, our teams of experts are fully equipped to understand your business and the specific challenges you face.
"Our survey indicated that a lack of understanding can be the biggest obstacle to successful cost management. Deloitte's third biennial cost survey 2013, reported that the failure rate for cost initiatives climbed to 48%, meaning that nearly half of these fail to achieve their goals. Over the last few weeks, our UK and Irish networks have reported a number of successes for their clients, confirming our view that there are many organisations opting to outsource this vital aspect of cost management."
Here are a few examples.
Car dealership -Ancaster Group
Ancaster represent Nissan, GTR, Nissan Commercials, Fiat, Alfa Romeo, Hyundai and Jeep in their 7 modern dealership locations.
Savings to date:
Merchant Cards - 30%; Janitorial- 40%; Stationery - 33%; Water Coolers - 50%; Electricity - 4%; Gas - 8%. (A major energy management and efficiency project is planned across all sites with reduction in energy consumption a major target.)
An award-winning company recognised highly for its catering services and excellent customer service, with seven restaurants employing more than 720 people and serving up to 300 different dishes to more than 45,000 customers a week.
Savings to date:
25% on energy costs.
Motoring - Brydens Garage
A well-established family run garage that has been around for 30 years in Leeds, providing a range of services from MOT, Accident Repairs & Vehicle Services.
Savings to date:
Merchant Cards- 35%; Fixed Lines- 41%; Electricity- 17%; Gas - 22%
Charity - Age UK - Calderdale & Kirklees
Age UK aims to inspire, enable and support older people to help them make the most of later life.
Savings to date:
Stationery- 31%; Gas - 29%; Electricity -30%; Mobile Phones- 48%. Total: £19,000
Distribution - Bunzl Ireland
Bunzl Ireland are a leading specialist distribution Group with four divisions, supplying a broad range of non-food consumable products including cleaning, hospitality, non-food consumable and safety products.
Savings to date:
Print and Stationery-39%; Energy-14%.
Automotive accident repair- Supertune Automotive Ltd
Supertune Automotive has been a leading supplier to the automotive accident repair industry for over 40 years. They provide one of the most extensive ranges of paint, consumables, equipment and associated products in the UK.
Savings to date:
Gas & Electricity-46%; Fixed Lines-52%; Stationery-29%; Printing-45%. Total: Over £44,000.
Self-storage - Rugeley
Rugeley Self Storage is a family run business that provides a flexible and convenient solution to meet private and secure storage needs for both personal and business customers.
Savings to date:
Electricity-Over 28% pa.
Physical and Chemical Standards - Reagecon
Based in Ireland, Reagecon are one of the largest producers in this field and offer over 4,000 certified, accredited standards, reagents and supplies of over 100,000 pieces of laboratory consumables, apparatus and equipment.
Savings to date:
In excess of €25,000 over eight different cost categories over the next three years.
Don Foynes ,Reagecon's Commercial Director, reveals: "I would describe the service as a process that lifts the lid on your cost base, provides detailed proposals on what can be achieved and then presents and manages the implementation of the solution. At all times you as customer are kept up to date and you remain in control at all times. The staff at all levels are highly professional and knowledge that the particular experts in the various areas can bring to your business is huge. In summary, Auditel does what it says on the tin -' lower the cost of doing business and taking cost and purchase management to a new level'."
Outsourcing your cost management to Auditel can reveal real cost savings, reduce waste and free up in-house resources. Even if you think you've got all your essential costs under control, it won't hurt to make sure. Why not book your Auditel Business Health Check plus a Financial Health Check today? Does your business need a spring clean to ensure that you receive the best value for your pound. Add to your bottom line in 2014!"
Established in 1994, Auditel is currently reducing financial waste and improving bottom line profits for thousands of organisations throughout the UK and Ireland. Their clients range from small businesses to global brands such as Pizza Express, YMCA and Oxford University. Auditel's flexible fee structure gives clients' choice and the ability to manage cost and strategy for the long term.
More information: Norman Grossman, PR Officer, Auditel (UK) Ltd, St Paul's Gate, Cross Street, Winchester, SO23 8SZ. T: +44(0)7966-436717.
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