We’ve found that almost every business can achieve some level of cost saving. But often these opportunities get overlooked, simply because most companies don’t have the time or resources available—and hiring extra staff isn’t always practical.
Where We Typically Find Savings
Most of our projects focus on indirect costs. In our experience, this is usually where businesses have the biggest chances to save.
However, we often uncover savings in direct costs too—things like engineering supplies and raw materials.
Common Examples of Indirect Costs We Look At Include:
- accommodation
- alarms and CCTV
- catering
- cleaning
- couriers
- financing
- freight
- fuel
- general stationery
- insurance
- IT
- IT consumables
- leasing
- lubricants
- marketing
- oils
- packaging
- photocopying/reproduction
- plant hire (FLTs, skips, cranes)
- postage
- print/printing
- printed stationery
- protective clothing/equipment
- recruitment
- rent and rates
- security
- telecoms (fixed line, mobile)
- temporary/agency staff
- training
- travel
- tyres
- uniforms
- utilities (electricity, water, gas)
- vehicle hire
- vehicle maintenance
- waste disposal.
This list is not exhaustive, if your cost sits somewhere outside this list but you suspect it’s not being managed as well as it should be, ask — the review method applies more broadly than the categories above.