Why is Spend Analysis a Necessity for Reducing Facility Management Costs?

Why is Spend Analysis a Necessity for Reducing Facility Management Costs?

Direct savings The primary aim of any business is to maximize profits and minimize spend. Facility management companies may realize unexpected savings with strategic sourcing by switching to preferred suppliers and negotiating volume discounts or eliminating duplicate orders or by reducing waste incurred by overbuying – which wastes money, man-hours, and storage space. Rationalize supplier […]

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