Border States Electric

Cost Savings

What is valuable to you? We want to know so we can work with you to make your business more profitable. We ask the right questions and listen closely to determine your business objectives. We then work with you to customize solutions that deliver lasting results.

We continuously seek opportunities to apply our knowledge for the benefit of our customers. This results in real value for you and total cost reductions in your supply chain. We use unique tools to deliver measurable and documented results that impact your bottom line. Our Total Customer Cost Management process provides these benefits for our customers:

 

Cost Saving Categories Examples

Revenue Savings – increased customer revenue

  •  Efficiencies in output
  •  New products/markets
  •  Reduced turnaround time
  •  Unit cost reductions
  •  Reduced downtime

Expenditure Savings – reduced payments for good and services

  •  Alliances
  •  Reduced contract labor time
  •  Tier pricing
  •  Freight protection
  •  Stable pricing
  •  Substitutions

Asset Savings – reduced assets (inventory and equipment)

  •  Elimination of equipment
  •  Improved equipment efficiency
  •  Just-In-Time (JIT) delivery
  •  Product standardization
  •  Reallocation of building space
  •  Surplus reduction
  •  Vendor Managed Inventory (VMI)

Process Savings – generally result in lower labor cost

  •  Easier installation/Crew time reduction
  •  New product technology
  •  Reduced maintenance/repair
  •  Savings from Electronic Data Interchange (EDI)
  •  Savings from Electronic Funds Transfer (EFT)
  •  Summary billing
  •  Vendor reduction


Copyright © 2010 by Border States Industries, Inc.