One of America’s largest apartment and condominium builders and operators used Procur to purchase a mélange of building materials using its empty apartments as partial payment through a procurement program developed and implemented by Procur. Having been in the building industry for over thirty years, the client had established very favorable price points with reliable suppliers.
As the Procur team reviewed the clients purchasing habits and products, the team quickly realized that the client did indeed have very favorable pricing. Providing a more beneficial purchasing program would indeed be a challenge.
Procuraggregated the clients purchases with several other existing clients purchases which created a larger demand and opportunity for the potential suppliers thus creating a more favorable environment for Procur to deliver a better purchasing opportunity and for all its clients in the building industry.
Procur was able to source and purchase microwave ovens, regular ovens, dishwashers, stoves, refrigerators, and carpet meeting the client’s specifications and existing price points. Through the Procur Procurement program the operator was able to save millions of dollars in hard cash using its vacancies as an alternative currency and conserved capital for future building projects.
Being that duct tape is a relatively inexpensive product, and was only requested by one client, the quantity originally provided to the Procur team failed to meet the Procur minimum purchasing amounts…Learn More
With the world facing the Coronavirus Pandemic, many companies responded by having their workforce work from home. This too was the case of several Procur clients which moved the bulk of their workforce….Learn More
One of America’s largest out-of-home advertising companies turned to Procur to review its upcoming $4 million purchase of airport electronic billboard displays. The challenge was the extensive seven-page…Learn More
24% average Client Cash reduction. 78% success rate on expense reduction within spend categories.
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