Cost Reduction Solutions for Sales, General, and Administration (SG&A) Expenses
Source One’s cost reduction team provides SG&A expense solutions to minimize costs associated with running a business for every organization.
Although the cycle of economic growth and downturn is no new principle to any organization, many still fail to fully adapt themselves to the ongoing series. Rather than launching cost-cutting initiatives as a reactive measure to economic lulls, companies can stand to best benefit by proactively managing spend, specifically within their Selling, General, and Administrative (SG&A) expenses.
Source One’s indirect spend management consultants understand the importance of sustainable cost reduction and can help your organization implement budget optimizing strategies for your non-product related expenses. While SG&A appears on every company’s income statement, there is no one-size-fits-all when it comes reducing SG&A costs. For sustainable results, Source One’s SG&A spend management experts comprehensively assess your how your business’s model influences the framework of your SG&A expenses and define your requirements related to your non-product related spend categories such as Marketing, Facilities Maintenance, Office Equipment, and other operational costs. In collaboration with your key department stakeholders, our Source One’s indirect spend cost reduction team will develop and implement customized SG&A strategic sourcing strategies from supplier identification, through RFP administration, to contacting and negotiations.
SG&A sourcing can be difficult to approach, as these categories often go overlooked due a perceived lack of cost reduction options. With over 20 years of experience delivering indirect spend management solutions, Source One’s SG&A cost reduction experts can demonstrate opportunities to reduce costs throughout your operations. As leaders in delivering indirect spend management solutions and SG&A cost reduction for our clients, Source One can help you achieve sustainable savings by:
Allow Source One’s S&A cost reduction experts to help you navigate through the obstacles associated with Selling, General, and Administrative expenses. These indirect operational areas of your organization are just as crucial to manage as the expenses associated with manufacturing your product or delivering your service. Source One’s SG&A strategic sourcing professionals possess the experience and background to develop an approach that is both unique to your business and produces sustainable SG&A cost reduction.
Contact our SG&A cost reduction experts today to learn more about how Source One can help you optimize your SG&A budget.
Indirect Spend Management Solutions
Source One has the tools and experience to produce savings in any organization’s facilities maintenance budget. Our facilities management cost reduction services include accurate service and cost benchmarking, spend analysis, rate negotiations, contract management, supplier relationship management, and continued auditing for compliance reporting. Allow our team of facilities maintenance sourcing experts to assist you in identifying your cost reduction options within your facilities maintenance budget.
Facilities Management Sourcing
Source One recognizes the critical role Human Resources plays within an organization and have developed an approach to the HR spend category that promotes employee engagement while generating cost savings. Through our proven strategic sourcing process, our HR cost reduction specialists can help you develop stronger business strategies aligned to your organizational structure, reduce administrative expenses, and launch initiatives that promote employee engagement and satisfaction.
HR Strategic Sourcing
IT and Telecommunications
While IT and Telecommunications is a crucial component to business operations, it is often a spend category companies struggle to properly manage. Source One has developed an entire practice focused on IT and Telecommunications spend to address the complexities of ever-changing technology and hidden savings opportunities, making implementing budget optimization strategies simple for our clients. Our IT and Telecom cost reduction experts can help you gain a clear picture of your current usage through IT audit, negotiate best-in-class contracts with existing vendors, or develop a go-to-market strategy to address your IT and Telecommunications infrastructure needs.
IT Sourcing Services