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In
this issue:
Cost
Cutting PLUS
Insurance - My Broker Always
Obtains the Best Prices!!!
Testimonial
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Cost
Cutting PLUS
Total
Purchasing Solutions is initiating significant savings for
businesses. The effect being funds available for business
development.
However, ‘cost
reduction’ is often treated as a ‘one-off’ hit, i.e. cash savings
are generated and that is the end of the relationship with Total
Purchasing Solutions. The only exception being the regular
calls we make to ensure that any recommended suppliers are providing
the expected service at the agreed price and to the required
standards.
To develop a
partnering relationship with clients we are introducing a new service –
‘Cost Cutting PLUS’, which formalises our long-term commitment to
ensure all clients maximise savings and minimise the time spent
managing overheads and supplier relationships. Cost Cutting
PLUS, includes: |
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Full project
management - for any supplier change that follows the Total
Purchasing Solutions 'Cost Saving' analysis |
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A quarterly review
meeting |
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On-going annual
expenditure reviews |
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The option to fully
outsource procurement management - including product/supplier
sourcing and contract tendering |
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'Contract Compliance'
- to audits expenditure against contractual arrangements to ensure
billing accuracy |
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To discuss ‘Cost
Cutting PLUS’ call David Davis on 0800 652
2642 |
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TESTIMONIAL
It has
been good to work with a company that delivers what it
promises.
Dealing
with you was simple, smooth and professional and resulted in savings
of over 22% on our office supplies.
I look
forward to being able to recommend your service to business
associates.
Gareth
Incledon
Chief
Financial Officer
Sixty
UK Ltd
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Insurance
- My Broker Always Obtains the Best Prices!!!
Organisations are often
horrified by the annual cost of the various insurance
policies. Just some of the areas are:
·
Property/Assets
·
Business
Interruption
·
Liabilities
·
Professional
Indemnity
·
Marine
·
Motor Fleet
·
Personal
Accident and Travel
·
Risk
Management Consultancy Services
·
Employee
Benefits – health, critical illness, income protection,
etc
Where a broker is used to
purchase business insurance their role is to search the total marketplace
for the best value products. For this reason we find that clients
that where an insurance broker is used there is great
loyalty.
However,
certain aspects should be considered:
|
1. |
Testing your broker can only
be beneficial. This will prove that they providing the service
expected or will show where a superior arrangement is
available. |
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2. |
Commission
vs Fees. Are you being
offered the option to pay fees instead of commission?
Significant savings can be made. |
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3. |
Additional
services – besides the
providing policies what other services are offered by your
broker. These can include risk management, health & safety
assessment, claims assistance, specialist industry
knowledge. |
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4. |
Does your
broker have direct
relationships with specialist underwriters and Lloyd’s
brokers? |
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To precisely quantify
the available saving on your business insurance call
David Davis 0800 652
2642 |
Total
Purchasing Solutions -
Saving
time and money for your business |
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