Cost Reduction
VANTAGE GROUP® offers a wide array of cost reduction options that are geared
specifically to your business. We will attack your procurement costs in the
area of purchase price,
transaction cost, and all other costs that will help improve your bottom line.
Supplier and transaction consolidation, e-commerce, e-procurement, inventory
management, and on time, error free shipping are only a few of the tools used
to meet your goals.
FACT |
BENEFIT |
- Purchase Price Reduction.
- EDI, EFT, Consolidated and Electronic Billing Options.
- VMI, Keep-fill, Bar-coding.
- System/Production Analysis.
- Energy and Power Audits.
- Guaranteed Inventory and Deliveries.
- Manufacturer Training.
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- Leveraged volume reduces price.
- Reduces transaction costs.
- Inventory management reduces carrying costs.
- Streamlined processes for increased efficiencies.
- Energy savings and downtime reductions.
- Reduces storeroom inventory and improves service levels.
- Access to, and knowledge of, the latest cost saving technologies.
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Price Reduction
By utilizing the $11 billion in
worldwide purchasing power of the VANTAGE GROUP® ownership, combined with
proprietary software designed to identify price saving opportunities, VANTAGE
GROUP® delivers the lowest possible price for the products you need.
Inventory Management
VANTAGE GROUP® first utilizes data
scrubbing software to identify redundant and excess inventory. Then a series of
cost saving steps are implemented that may include inventory identification,
reduction, standardization, and elimination. A number of other service oriented
programs are available that include inventory management, kitting, dedicated
inventories, and consignment.
Energy Savings
VANTAGE GROUP® will enlist the
lighting experts throughout our organization as well as our Manufacturer
Alliance Partners manufacturers to conduct energy audits, power quality
analysis, and to deliver energy saving solutions throughout your organization.
Process Improvement
VANTAGE GROUP® will analyze the
entire supply chain to provide the optimum process for delivering product from
the manufacturer to the distributor to the point of use location within your
facilities.
Manufacturer Alliance Program
VANTAGE GROUP® has developed the
Manufacturer Alliance Program (MAP) to formalize the Cost Saving Process
between key manufacturers, VANTAGE GROUP®, and our customers. Specific goals
are set with each manufacturer, for every VANTAGE customer, and results are
documented to all parties. The end result is increased cost saving activity and
an improved bottom line for the VANTAGE GROUP® customer.