Innovative expense management program, featuring Fine Tune’s industry experts and proprietary software continues to deliver savings for Flint Group
CHICAGO, Ill. – Dec. 2, 2019 – Fine Tune, a provider of ‘nuisance expense’ management solutions, announced today that long-standing client Flint Group, one of the largest providers to the printing and packaging industry worldwide, has saved over $2.7M in uniform service costs since 2005.
Fine Tune industry experts have provided vigilant uniform category management on Flint Group’s behalf including but not limited to the negotiation of uniform supplier contracts, continuous auditing and optimization of the expense using proprietary software, ongoing cost avoidance including credit tracking and follow-up, category issue resolution, and management of program changes.
Additionally, as a result of the uniform program’s success, Flint sought help from Fine Tune with its waste and recycling expenses and contracts. Since the beginning of 2019, Fine Tune has saved the company nearly $100,000 in waste and recycling supplier costs.
“Our relationship with Flint Group is a special one for us,” said Rich Ham, CEO of Fine Tune. “When they first became a client, we were in our fourth year in business. By the summer of 2020, they’ll become our first 15-year client. I’m proud that we have delivered consistently and earned Flint Group’s trust over the course of that long relationship. We genuinely like the people we’ve worked with and we’re so happy to be a small part of their success. We focus on the burdensome categories – uniforms and waste and recycling – which allows them to focus on higher priority initiatives.”
In 2005, Flint Group faced rising costs related to uniform services due to a sprawling and complex supplier network. The supplier contracts were managed locally with little oversight which resulted in frequent and unidentified overcharging.
First, Fine Tune personnel compiled an assessment of spend and contractual obligations of 12 uniform suppliers servicing over 50 Flint Group locations. Based upon the data gathered in the assessment, Fine Tune’s experts determined an appropriate target spend level for the account, and a strategy for getting there.
Within the first year of the partnership, an average cost reduction of over 35 percent had been implemented throughout the US and Canadian operations, and the number of suppliers had been reduced from 12 to five. Supplier transitions were proactively managed to mitigate back-end liabilities.
“Beyond the contractual and cost improvements, Fine Tune’s audits have uncovered thousands of dollars in weekly savings purely by virtue of correction of overcharges,” commented Chris Taylor, Sr. Category Manager of Indirect Materials & Services, Flint Group. “Perhaps the greatest benefit to Flint, however, has been the time savings allowing my team and me to focus on other critical priorities and more impactful expenses. We’re looking forward to the next 15 years of this successful partnership.”
Indeed, Fine Tune’s continuous monthly audits utilizing their proprietary software have resulted in a streamlined program and have avoided nearly $2,500/week in overcharges.
As Flint Group makes acquisitions, changes requirements, adds new locations and closes existing locations, the advantages of the partnership are only magnified.