Business Talk for Entrepreneurs

That Business Show 2.0 is a daily online videocast and podcast that speaks with entrepreneurs and business professionals about business building tips and aims to give the listeners tools, tips and resources to grow their own business. Find it online each morning at www.thatbusinessnetwork.com from 9am to 10am M-F EST.

The Cost of Inefficiency

01-10-2017

Inside many businesses, unknown or hidden costs are impacting the bottom line and some to the extent that the business is pushed into bankruptcy. Inefficiencies, wasteful spending and improper hiring standards can sideline otherwise great businesses. That’s where our guest and his company come in. Meet Christopher Clabby, Principal with PGV Advisors, where they work with businesses and organizations to help them grow more profitably. They create value in the form of increased profitability, more stable working capital and increased enterprise value. Their tools and processes improve overall efficiency inside a business and provide bandwidth so that the organization can grow.

Below as provided by Christopher which outlines the segment very well –

Delivering Value:

The primary focus for PGV is to help organizations grow profitably by helping them improve their cost structure while also improving their internal business processes. Research has shown that organizations, on average, do not effectively manage approximately 40% of their total spend leaving opportunity to deliver savings.

Benefits clients enjoy by working with PGV:

Improved Total Cost Model – Access to their current products and services at a lower total cost, on average 18% lower than their current cost structure
Vendor Management Program – Stronger and better managed vendor relationships
Sustainability – Access to tools which provide management visibility and control over spend
Ongoing support in data management, market research and spend category expertise
Flexible model designed based upon each organizations specific requirements and culture
Potential Savings Opportunities

We have been fortunate to work with client in a wide spectrum of industries including manufacturing, distribution, construction and real estate, hospitality and healthcare to name a few.

Categories | business | entrepreneurs | Uncategorized

Download

Filetype: MP3 - Size: 23.24MB - Duration: 25:23 m (128 kbps 44100 Hz)



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