Your business is making a profit – but are there more profits to be found? That is the question one warehousing and logistics business had. With 13 locations coast-to-coast and over 2 million square feet of warehouse space, this business was trying to realize as much profit as possible in a low-margin industry. They decided to work with the team at Silverback to help reach their goal.
We analyzed the business’s expenses over the previous 12 months and created a strategy for cutting expenses. We paid special attention to vendor contracts and how we could achieve lower pricing with suppliers.
What kinds of savings were we able to achieve for this business? This particular business was already doing a great job of maximizing profits, but we were able to find savings in some additional areas that they hadn’t explored. Some noteworthy results included reducing expenses on office supplies, forklifts, and payroll processing.
Possibly the most notable result we achieved was reducing telecom expenses – data, telecom, and digital services – by 36% and obtaining a refund for our client of over $90,000. We were able to do all of this without changing vendors. We were thrilled to be able to find such a substantial savings for our client without sacrificing the quality of service.
The savings we realized for this business will benefit them both now and for years to come. Investing in an analysis of their business expenses paid big dividends for this client. For more details on this project, check out our complete case study.
Is there more money to be found in your business? Let Silverback do the digging. We can help you save on your business expenses and build up your bottom line. Contact us today to start the process, and begin moving toward your most profitable year yet.
