Business advisory and private equity firm turns to NPI's spend management services to deliver immediate savings and improve strategic positioning
ATLANTA - May 19, 2008 - Triton Value Partners, a business advisory and private equity firm, today announced that it has selected NPI Financial to deliver transportation spend management services to its growing customer base. As part of this agreement, NPI will help Triton clients execute carrier cost management strategies that reduce corporate shipping and logistics costs by ensuring clients receive fair market pricing from carriers and third-party logistics providers (3PLs). With transportation costs at an all-time high due to record-setting carrier fuel surcharges, NPI's transportation spend management services will enable Triton Value Partners to deliver immediate expense reductions with vendors like UPS, FedEx and others.
"At our core, Triton is committed to accelerating value creation for our client and portfolio companies. A well defined plan to reduce shipping costs will enable our companies to focus their resources on high growth opportunities." said Craig Reamsnyder, founding partner at, Triton Value Partners. "NPI delivers a no-risk, immediate impact to our clients to help them overcome this hurdle in the corporate growth process."
NPI will deliver its transportation spend management services to Triton's clients using unparalleled logistics expertise and access to hundreds of up-to-the-minute corporate pricing schemas with carriers from across the globe. This enables NPI to achieve fair market value for transportation services, expedite refund recovery, identify costing pitfalls such as ineffective discounts and unnecessary carrier fuel surcharges, and determine the best mix of shipping methods for each company. NPI's transportation spend management clients usually see major expense reductions within the first 30 days and often save millions of dollars across the duration of their carrier contracts.
"Companies turn to Triton because they need to make immediate improvements to their operations. However, it's hard to do this if you're being held hostage to your transportation costs. NPI helps these companies regain control of their transportation spending in a way that delivers measurable results from day one," said John Haber, director of NPI's transportation spend management practice.
NPI is a privately-held company that provides assistance for its customers in implementing rigorous processes for making sound spend management decisions. Using a combination of market experts and proprietary methodologies, NPI provides assessments of a variety of traditionally difficult spend management categories - information technology, telecommunications and transportation - to ensure that expenditures and operating expenses are in-line with current market conditions. NPI leads this emerging best practice, offering procurement expertise, a fair market value database, and experience from both sides of the table with quality and integrity. For more information, please visit www.npifinancial.com.
Triton Value Partners is a full-service management advisory and private equity firm that provides small and medium-sized enterprises with the mission critical experience, services and resources required to help them create and execute business plans that make the companies more valuable.
Triton's team of Atlanta-based Partners boasts an average of twenty-five years of experience as corporate executives, business owners and professional investors. The firm draws upon this wealth of experience to provide a full range of advisory services including: strategic planning, business/market development, operations, and capital structure. Triton's client service approach leverages its Partners' functional expertise and industry skills to maximize the strength of each client's organization and infrastructure.
Triton Value Partners is based in Atlanta, Georgia, but serves a client base that operates across the U.S. and internationally. More information on Triton Value Partners is available on the company's web-site at www.tritonvp.com.
For more information and media inquiries, please contact:
Hannah C. Bower |
Craig Reamsnyder |
