Solar PV company cuts costs 35% and powers up hidden savings of $214,000

Solar PV mounting solutions manufacturer depends on innovation to stay competitive

A leading manufacturer of solar photovoltaic (PV) mounting products and solutions for solar installations depends on innovation for its competitive edge. The Southwestern company partners with the solar energy industry's premier integrators and distributors to deliver custom-designed solutions using highly engineered mounting technology.

The manufacturer immediately understood the value of partnering with Expense Reduction Analysts (ERA) and welcomed a category-by-category targeted approach to cost reduction. ERA's network of more than 700 Consultants worldwide includes experts in dozens of industries and pricing data from more than 14,000 successful cost-reduction projects.

To date, ERA has found significant savings in Factory Consumables, Packaging and Telecommunications.

ERA experts analyzing factory consumables soon realized that the manufacturer was paying unnecessary surcharges. The supplier has since made adjustments for needless expenses.

ERA Consultants noted that the firm carried a large quantity of packaging supplies inventory on its factory floor. By improving processes so that a single supplier now manages all packaging supplies, ERA Consultants freed up more than 4,000 square feet of floor space for manufacturing.

Analysis of telecommunications invoices uncovered billing errors (which Consultants resolved in the client's favor) and unnecessary maintenance charges and teleconferencing expenses.

	Factory Consumables	Packaging	Telecommunications
Client Spend	$100,000	$446,500	$65,000
Hidden Savings	39%	36%	23%
Annual Savings	$39,000	$160,000	$15,000
Supplier	Incumbent	New & Incumbent	New & Incumbent

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