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MRO for Manufacturing and Facilities Management — Optimizing Efficiency & Reducing Costs The manufacturing sector is evolving rapidly, with a growing need for efficiency and reduced operational costs amidst intensifying competition. Our mission is to support you in maintaining a competitive edge. Minimize MRO expenses you assumed were fixed The manufacturing sector is evolving rapidly,…
With premium rates always fluctuating, it’s critical to review current insurance plans consistently, compare brokers, and lock in lower costs. Carriers can still offer competitive rates if your company’s risk profile is well prepared and actively marketed. Our team of group purchasing experts works with organizations to reduce costs of commercial insurance coverage. Our aim…
GPO for Healthcare and Assisted Living — No Minimums Healthcare is changing fast with higher quality and lower costs expected, and more competition. We’re here to help you stay ahead. Lower the costs you thought you had to live with Our partner delivers traditional GPO services with a fresh, customizable approach. Patient-centered GPO strategies deliver…
Reduce Freight Expenses Neglecting to closely monitor your freight costs, especially within Less-than-Truckload (LPL) and Third-Party Logistics (3PL) services, can lead to substantial financial overspending. A pivotal approach to combat this is by “Identifying hidden fees in your LPL and 3PL freight services.” While the task of scrutinizing these fees may not initially seem appealing,…
Uncover Hidden Express Mail and Small Parcel Costs Letting your express mail and small parcel vendor costs go unchecked can result in significant financial drain. The critical strategy is to “Discover the hidden fees in your express mail and small parcel services.” Although it might not seem thrilling, the benefits of identifying these concealed charges…
Uncover Hidden Telecom Costs Leaving your telecom vendor costs unchecked can lead to significant financial leakage. The key is to “Find the hidden fees in your telecom services.” While the process may not be exciting, the rewards of uncovering these hidden costs can be substantial. It’s a crucial exercise in maintaining good financial stewardship and…
Reduce Your Printing Costs Top Print Services at the Lowest Cost Alliance Cost Containment (ACC) understands the need to balance cost, data protection and vendor partnerships to meet industry-specific requirements including: security, compliance, pricing, reporting, efficiency, diversity & inclusion, social responsibility, technology, and brand consistency. What is Print Cost Reduction? With software as a service,…
The Difference Between Direct Expenses and Indirect Expenses Business leaders aiming to steer their company’s financial ship would do well to understand the difference between direct and indirect expenses, and why now is a great time to review indirect. Direct costs tie to specific projects or products — usually a company’s bread & butter. For…
Software Cost Reduction Easy Software Management Our goal is to simplify your software procurement and management. We work with innovative companies, giving you unparalleled visibility, control, and simplicity at all stages of software purchasing and management. As an important bonus, we’ll help you save time and money on your SaaS purchases too. What is SaaS?…
IT Vendor Management + Cost Reduction Best-in-class data centers, cloud platforms and managed services. IT solutions to guide and support every scenario. Managed cloud and IT refers to outsourcing the management, maintenance, and optimization of an organization’s cloud computing and IT infrastructure to a third-party managed services provider (MSP). Key aspects of managed cloud and…
In today’s competitive business landscape, every penny counts. As a company grows its revenue, seemingly minor expenses accumulate and take a significant toll on profitability. Are you curious whether your organization is overpaying for common expenses? Statistics suggest that indirect expenses, (sometimes referred to as non-core expenses, or non-production procurement), comprise a substantial portion of…
ACG PERT and Alliance Cost Containment present Reduce Procurement Costs for PE Firms + Portfolio Companies Learn how PE firms and portfolio companies create value through indirect procurement Webinar Topics Reduce procurement costs through improved vendor selection and negotiating tactics Unearth commonly overlooked areas of cost reduction at portfolio companies, especially when so many employees…
Corrugated and linerboard markets are soaring A pandemic-driven rise in e-commerce has put substantial upward price pressure on corrugated boxes (a $190B market*), and additional price surges are expected between Q2 and Q3 21. In 2020, the cardboard box industry not only saw double-digit growth, but suppliers of linerboard and corrugating medium — the two grades of…
$22 billion allocated in the CARES Act for colleges and universities to use as Coronavirus relief also includes purchases to improve air quality. Another $43M can be used by K-12 schools for clean air initiatives. ACC’s partner offers state of the art Needlepoint Bipolar Ionization systems that work with your schools current heating & cooling…
Don’t leave your payment services costs unchecked Don’t leave your vendor payment services unchecked. The name of the game is “Find the hidden fees in your vendor payment services”. The game itself is not that much fun, but winning is very rewarding. Plus, it’s important to play to show good stewardship of company funds and…
Reduce Costs of Furniture, Fixtures, and Equipment What is FFE? Furniture, fixtures, and equipment (or sometimes referred to as furniture, fixtures, and accessories (FFE or FF&E) includes movable furniture, fixtures, and equipment that are not connected to the physical structure of a building. Furniture necessary to run a business falls into this expense category. Items…
Copiers, Printers and Toners at The Lowest Market Prices Copiers and Printers are a staple in every office, university and PE portfolio company. Understanding how and where to reduce the cost of your copier’s hardware, ink, toner and maintenance may not make a huge impact on your procurement costs overall, but over time the bottom…
ACC has uncovered millions of dollars in overcharges on erroneous bank fees for large franchise groups and fast food restaurant operators, corporations, private equity owned companies and manufacturing companies. In many cases, the organization had long-standing relationships with their banks and trusted that fees were fair and accurate. These relationships, what we often refer to…
How to Source Certified PPE for Business PPE for Businesses: N95 Masks, KN95 Masks, Sanitizer, Gloves, Thermometers and More Alliance Cost Containment’s sanitation and janitorial program: N95 Masks KN95 Masks 3-Ply Masks Gloves Thermometers Plexiglass Dividers Sanitation Supplies Scheduled Cleaning / Sanitation Hand Sanitizer – Gel & Liquid Janitorial Services Waste Disposal (industrial and recycling)…
ACG PERT and Alliance Cost Containment present Reduce Procurement Costs for PE Firms + Portfolio Companies Learn how PE firms and portfolio companies create value through indirect procurement Webinar Topics Reduce procurement costs through improved vendor selection and negotiating tactics Unearth commonly overlooked areas of cost reduction at portfolio companies, especially when so many employees…
Lower Expenses for Sanitation Supplies and Janitorial Services Keeping your facilities looking clean and tidy is pivotal to business success From that critical positive first impression to employee health and satisfaction and industry regulations, ACC consults with your procurement department to develop a customized janitorial strategy. We work with top-rated suppliers to deliver quality janitorial…
ERC Tax Credit: Offset payroll tax and get cash back; No cost review – we’ll do the heavy lifting The Employee Retention Credit (ERC) is part of the CARES Act. It is a fully refundable tax credit that incentivizes employers to retain staff by providing specific tax relief. If a business qualifies for $100,000 in…
Office Supply Procurement Quality office supplies at the lowest market prices Office Supplies are indispensable procurement for every organization. With high quality office supplies at the lowest market prices, ACC is committed to helping your organization purchase these essentials quickly and efficiently, regardless of location or department. Reducing office supply expenditures is the perfect category…
How to Reduce Temporary Staffing for Your Business Temp Workers: A Core Asset Workers at all levels are the heart of every business and a core asset. Hiring the best candidates — even for temporary roles — is crucial to the success of every company. To find temporary staffing agencies with a worker database that…
PPE: What to watch for when purchasing N95 Masks, KN95 Masks, Gloves and other personal protective equipment Major Takeaway Identifying potentially fraudulent or untrustworthy PPE vendors is not a step to skip in your PPE procurement process. Checking references, understanding your chosen supplier’s manufacturing history, and verifying certifications before making purchases will mitigate risks and…
Special Indirect Procurement Category Update: Utilities Major Takeaway After a banner year in 2020, utility prices are expected to take an upward turn in 2021. Corporations and PE firms should take steps now to reduce costs and mitigate potential electricity & natural gas rate increases. 2020 Utilities Review ACC manages 30+ indirect expense categories, and in this…
With premium rates increasing as a result of COVID-19, it’s more important than ever to review current insurance plans across your investments and lock in lower costs. Carriers can still offer competitive rates if your portfolio’s risk profiles are well prepared and actively marketed. Our team of group purchasing private equity experts works with PE…
Would you believe that something as simple as broken glass jars could lead to $4.9M in cost savings? A pricing pickle A food manufacturing and distribution company brought in ACC to as part of an expense reduction initiative. Food production quality at the plant was always paramount, but Joe, a production manager, noticed how many…
A Familiar Story A $15B+ healthcare company realized they were overpaying on their existing Telecom contracts for wireless, wireline, voice and data. We assessed their internal capabilities and evaluated market options. Despite two years remaining on the existing agreement, ACC engaged in a renegotiation with their incumbent Telecom provider to reduce costs to below market…
COST IMPACTS – Q4 2020 While many of these increases are Covid-19 related, some are simply due to general market dynamics. In many of these areas, there is an opportunity to mitigate rising costs by focusing on cost reduction activities. Insurance Increases in premiums have moderated over the past 90 days but remain higher…
How to fix it… Although carriers are no longer as willing to compete for new business by lowering rates, we can help offset these rising costs in other indirect expense areas. ACC is offering a custom, no-cost savings analysis to reduce your procurement costs. Contact us to help offset the rising cost of shipping by aggressively lowering…
Alliance Cost Containment Presents Tips for Long John Silver’s and other QSR’s to keep locations clean and costs under control Learn more about Transblue for your locations Dave Wescott, Founder and CEO of Transblue, one of the largest privately held facility maintenance providers in the U.S., explains safety tips and how important a sanitary restaurant…
Tips for PE firms and portfolio companies to address challenges and keep costs under control Special 75 Minute Workshop on PE Firm Group Cost Reduction Four expert speakers — a top cost reduction consultant, private equity operating partner, portfolio company CFO, and a family office investor — covers: Ways to reduce procurement costs through…
From Louisville Business First Growing Louisville Company Opens New NuLu Headquarters By Marty Finley – Reporter, Louisville Business First View Article at Business First Photo credits: Alliance Cost Containment A Louisville company that works with businesses on cost reduction has a new home in the bustling NuLu neighborhood. Alliance Cost Containment has leased roughly 5,700…
ACC’s team of procurement experts is actively monitoring supply chain issues across expense categories to provide insights into likely cost fluctuation. This illustration represents ACC’s current thinking on the cost trajectory of key expense categories for June/July 2020. For a free savings assessment, contact Emmeline Wexer [email protected] | 201-657-0043 Insights on Cost Impact…
Despite the economic downturn caused by COVID-19, supply chain teams have an opportunity to assess supplier risks and reduce costs for their businesses. Provider contracts often contain volume clauses that directly impact the price paid for goods and services. Examples of clause language may include: “Tiered pricing levels” “Single purchase order discounts” “Rebates and credits”…
COVID-19 Mitigation Services We recognize the difficult and immediate impact COVID-19 is having on businesses. Commercial properties must take every precaution to protect their customers and teams, particularly those still open to employees and the public. ACC and TransBlue, a national facility management company, have partnered to provide national contract pricing for services to combat the…
Where to Source Cleaning / Sanitation Products If you have a business that has been designated essential by the government, or an office / call center / facility that must stay open during the pandemic, you also have a problem: keeping your facilities sanitized and safe for workers. Hand sanitizer, cleaning supplies and disinfectant have…
COVID-19 and Indirect Procurement Categories Affecting your Business To the ACC Community — ACC recognizes the difficult and immediate impact COVID-19 is having on businesses and their employees. Most industries can already feel the impact acutely and our thoughts go out to everyone who has been affected. As we transitioned our teams to work from home, we executed…
Dashboard for Private Equity Cost Reduction and increasing EBITDA Cost reduction consulting company Alliance Cost Containment (ACC), an award winning consulting company, announced the launch of a custom dashboard created to increase EBITDA by providing an overview of indirect expenses across an entire private equity portfolio, throughout a corporation’s individual departments, or over multiple locations. …
ACC CEO, Miles Lee, Addresses the Finance Society at the University of Kentucky LOUISVILLE, KY OCTOBER 30, 2019 – President and CEO of the cost reduction industry leader, Alliance Cost Containment (ACC), Miles Lee, spoke with the Finance Society at his alma mater, the University of Kentucky. Speaking to a room of graduate and…
LBF Announces Miles Lee as a Recipient of the Most Admired CEO Award LOUISVILLE, KY OCTOBER 4, 2019 – President and CEO of the cost reduction industry leader, Alliance Cost Containment (ACC), Miles Lee, was named one of Louisville Business First’s Most Admired CEOs. The award honors outstanding chief executives in the…
From Louisville Business First Meet the Business of the Year winners By Brent Schanding – Associate editor, Louisville Business First View Article at Business First It was a banner year for many Louisville-area businesses. Many of our Business of the Year honorees posted double-digit percentage gains in revenue this year. They added employees, products and…
Photo credit: WILLIAM DESHAZER From Louisville Business First Business of the Year Winner: Alliance Cost Containment By Brent Schanding – Associate editor, Louisville Business First View Article at Business First By Sam Smith – Business First Correspondent Dec 3, 2018, 8:50pm EST Alliance Cost Containment LLC Year founded: 1992 Organization description: Cost-reduction firm Address: 10503 Timberwood Circle, Louisville, KY…
About the Best in Finance Award View this article at Louisville Business First By Brent Schanding – Associate editor, Louisville Business First Mar 19, 2018, 10:15am EDT Behind every great CEO or top executive, there’s usually a strong CFO or finance team working diligently to crunch numbers, trim budgets and forecast company results. It can…
From Louisville Business First Fast-growing Louisville company wraps up big fundraising round — here’s what’s next Apr 4, 2018, 2:38pm EDT By David A. Mann – Reporter, Louisville Business First View Article at Business First Alliance Cost Containment helps clients reduce costs with a multi-pronged consulting approach that includes institutional behavioral changes, contract changes,…
Alliance Cost Containment is a “Business of the Year” Finalist! LOUISVILLE, KY December 6, 2017 – Alliance Cost Containment, LLC (ACC), an industry leader in cost reduction services, has been named a finalist for the Business of the Year Award in the medium business category by Louisville Business First. This award identifies companies…
Alliance Cost Containment (ACC) is Recognized as a “Best Place to Work” by Business First LOUISVILLE, KY August 7, 2017 – Alliance Cost Containment, LLC (ACC), an industry leader in cost reduction services, has been awarded the Best Places to Work Award by Louisville’s Business First. Last week’s announcement ranks Alliance Cost Containment in the…
Alliance Cost Containment (ACC) is Awarded Prestigious Inc. 5000 Honor for Fastest Growing Private Companies for the 2nd Consecutive Year ACC is the highest ranked procurement services company and # 881 overall Louisville, Kentucky, August 18, 2016 – Inc. magazine ranked Alliance Cost Containment NO. 881 on the Inc. 5000 list, down from a 2015…
NWRA Introduces New Member Savings Programs through Alliance Cost Containment Member NWRA Companies and Their Employees Can Now Enjoy Significant Savings on a Wide Range of Products and Services WASHINGTON, DC– August 1, 2016 — The National Waste & Recycling Association (NWRA) today added a new partner to its popular member savings programs with…
ACC Aligns with Long John Silver’s Franchisees to Provide Purchasing ACC has announced the signing of a new contract between the Long John Silver’s National Purchasing Cooperative and Long John Silver’s. Effective August 1, 2015, ACC assumed management of all indirect spending programs for the 1,100+ Long John Silver’s throughout the United States. Daniel E.…
ACC & Rubicon Global Announce Partnership Customers Benefit from More Cost-Effective, Eco-Friendly Waste Management Alliance Cost Containment (ACC) is proud to announce a new partnership with Rubicon Global, the world’s leading provider of cloud-based, sustainable waste and recycling solutions. This groundbreaking partnership will enable ACC, a leading provider of cost reduction solutions in more…
Considering a Large Capital Purchase? Consider a Reverse Auction. Earlier this year, ACC introduced a reverse auction technology tool to allow our clients to get the best pricing possible on large, one-time purchases. Early experiences suggest that new service will be a very popular addition to our many ways to save money. The…
Create Formularies to Control and Focus Purchasing – A Tip From The Healthcare World One of the purchasing techniques used by many healthcare providers to control expenses is to create specific approved product lists by category. Each list, known as a formulary, limits what product buyers can purchase without first gaining approval. The biggest advantage…
Constantly Expanding Wireless Phone Bills Require Constant Attention to Keep Them Under Control Do your corporate wireless bills seem to grow every month? Controlling wireless spend is very difficult as carriers’ marketing departments are skilled at designing plans which confuse their clients. Usage patterns change and rate structures change frequently. Therefore the Alliance Cost Containment…
Cutting Cost to Drive Growth — A Growing Trend in the Fortune 1000 A recent Wall Street Journal article highlighted key points from Deloitte’s Third Biennial Cost Survey: Cost-improvement Practices and Trends in the Fortune 1000. One of the most interesting aspects of the study is the growing mindset among companies that cutting cost is a way to…
Don’t Sign Away Your Right to Negotiate a Better Deal How many times are you asked to sign a contract for a service that you simply accept without reading? We all know that we shouldn’t do it, but we all do it from time to time. When it comes to signing an agreement with a…
ACC Unveils New Logo & Corporate Identity The new design elevates the company’s brand, and reflects the progress and evolution of the business. It also builds on ACC’s position as an industry leader and their expertise in delivering cost reduction and profit improvement for clients. “The new logo and slogan communicate a simple, but clear…
It’s Time for New Year’s Resolutions – Resolve to Save and Start with Reducing Costs. Resolutions are not only personal. Your business can benefit from a fresh start, too. The start of a new year is the perfect time to set goals and to improve your business. Even if you think you don’t have time…
ACC is proud to be included in the 2015 Inc. 5000 list of fastest growing privately held companies in the U.S. Listed at 1,139, ACC is among the highest ranked expense management firms in the country, and is ranked at #5 within all private companies in Kentucky. The list is a distinguished award, a celebration…
ACC Saves nearly Half a Million Dollars for Two Organizations Companies realized dramatic savings and improved their profitability across a variety of expense areas through their partnership with Alliance Cost Containment (ACC). From reduced spending to achieving a smaller number of suppliers, ACC finds areas where improvements can be made for 98% of our clients.…
A Penny Saved or a Penny Earned – How Would You vote? With five bad years behind us and a double-dip recession still a possibility, virtually every business we’ve encountered would count getting back to 2007 sales levels as a moral victory. Customers are hanging on to their money and incremental sales growth may be…
Alliance Cost Containment merges largest franchise Louisville-based Alliance Cost Containment, a company that helps large, privately held companies and private equity sponsored companies reduce their operating expenses, has merged with the largest of its 24 franchises, The Cost Reduction Group. The parent company made the move, which was completed earlier this month, in part to…