Vpost: Case Study

436 words - 2 pages

V-post has the ability to substantially improve its profit margin, but it may difficult to realize that with the insight from Singpost, it can and will happen overnight. V-post is currently selling maximum range of approximately million bucks value of goods each day. As V-post faces many intense pressures to be more and more competitive and to increase profitability, a new perspective must be directed to the reduction and control of expenses. Expenses are considered to be "costs of doing business." Hence, most organizations lack the "know how, "expertise, or time to undertake an extensive profit improvem ...view middle of the document...

Singpost will provide participants with the benefit of experiencing superb consulting assistance without prohibitive costs. We can make the promise that the only financial commitment incurred is the newly found profits.There are a few areas that the V-post will focus its attention on for controlling costs. The service focuses on the following key areas:Utility bill overcharges are the most common profit reducer. Month by month it goes unnoticed, and can only be recovered and rectified by a comprehensive bill audit. Most if not all businesses are overcharged, and/ or overpay, by as much five percent monthly. Singpost will assist companies with the use of Microsoft money to remedy this problem.Singpost intends to audit all available courier prices constantly, as to find specials and deals. The most popular carriers are constantly competing with each other. Singpost will need to take full advantage of this opportunity. Furthermore, contracts with these companies will be negotiated. Over ninety nine percent of the time this audit can reduce the cost of shipping by at least twenty percent. Audits on invoices will also be done prior to payments, as to give time for discrepancies.With regards to insurance issues, recapturing overpaid insurance expenses are essential. This can be employed through a comprehensive audit, which has a proven result of up to five percent of total claim expenses returned.

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