Read The Case Study
Logistics
Cost savings program realizes $300,000 in refunds and a greater profit margin
Client profile:
- Warehousing and logistics business
- 13 locations coast to coast
- 2,000,000 square feet of warehouse space
Scenario:
After this logistics business attempted their own cost savings initiatives, the nationwide warehousing operation engaged Silverback to determine if there was additional profit to be made in their business. With the warehousing and logistics industry being a low-margin, highly competitive business, profit margins continue to be squeezed with customers demanding more for less.
ACTION
RESULTS
Silverback delivered savings, consolidated suppliers, and found opportunities to reduce expenses for years to come; logistics cost savings included:
- Forklift propane expenses reduced by 44%; refund of more than $200,000 received
- Office supplies expenses were reduced by 32%
- Payroll processing expenses decreased by 14%
- Telecom expenses were reduced by 36% annually; refund of more than $90,000 issued
The CFO was pleasantly surprised with these unparalleled results. In fact, Silverback found the client had done a superior job in most cases. Our found savings came principally in areas not generally known to most clients.
vendor refunds
Payroll Processing
Office Supplies
Propane Fuel
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