Leaders in healthcare, real estate, wireless, medical device and manufacturing industries choose NPI
ATLANTA - February 16, 2010 - NPI, a premier management consultancy firm focused on spend management in technology and transportation savings, today announced that it has partnered with five new companies to help reduce transportation spending, negate carrier fuel surcharges and achieve fair market value for shipping services. These companies include CVS Pharmacy, Jones Lang Lasalle, Plantronics, American Biosurgical, the National Luggage Dealer's Association (NLDA), Bearings and Drives and Ascent Healthcare. Combined, these companies represent approximately $400 million in annual transportation spending with carriers like FedEx, UPS and YRC.
Despite 2009's dire economic climate, major transportation carriers and third party logistics providers (3PLs) have announced significant shipping rate and fuel surcharge increases for 2010. This comes as many companies are struggling to climb out of a recession that has left them with smaller transportation budgets and fewer internal resources to closely monitor shipping expenses. As a result, many companies are struggling to improve operational and budgetary performance even as the market improves.
"One of the things that NPI did so well was to review our freight invoices prior to any contract, so that they could get a good understanding of where our freight dollars were being spent. We would have to have a staff of 2-3 people to do what NPI was able to deliver, " said Bob Quinlisk, director of materials, Ascent Healthcare.
For CVS Pharmacy, Jones Lang Lasalle, Plantronics, American Biosurgical, the National Luggage Dealer's Association (NLDA), Bearings and Drives and Roundtable Healthcare Partners, NPI will focus on securing more favorable pricing and terms with each company's mix of carriers and 3PLs, as well as negate 2010 rate and surcharge increases. NPI estimates it will deliver a combined savings of $30 million to these companies over the next three months, with three-year savings estimated to be more than $90 million.
For more information on NPI's transportation spend management services, please visit www.npifinancial.com.
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.
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Hannah C. Bower |
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