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Cost Savings

We believe that there are a number of ‘quick win’ opportunities to deliver personnel related cost savings and to also enhance the efficiency of your engagement with third party manpower providers.

Please find below a number of different options we offer our clients. If implemented as an overall package, these savings will increase your competitiveness in the current market.

Cost Saving Area (Opportunity) Impact
Consolidate manpower supply base Benefit to our clients is an immediate cost saving on the mark up from niche or “so called” specialist agencies through transitioning incumbent contractors across to Fircroft.
Consider moving Category 3 contractors from behind service contracts to under manpower agreements Benefit to our clients is immediate – delivering large cost savings on the worker rates charged by the service companies.
2nd tier supplier management Benefit to our clients is immediate – by utilising Fircroft to manage niche suppliers, cost savings to our clients are delivered by renegotiating rates on behalf of the client.
Logistic support Benefit to our clients is immediate – delivering large cost savings on the travel / logistic spend of contingent workers.
Volume discounts Through a reduction of the supply base, and increase volume with fewer suppliers (mainly Global generalist in technical such as Fircroft) – client then receives volume discount for driving larger volume through a reduced number of suppliers.
Benchmarking exercise to review rate cuts Client benefit delivered in immediate to medium term and will provide more significant overall savings than mark-up reduction through supply base consolidation.
Managed Service Solutions Long term savings can be attained through pro-active workforce management and planning, reduction in internal head count and reduced mark ups across the supply base whilst improving efficiencies through consolidated invoicing, on-line time and expense capture.

To demonstrate how we have helped clients to reduce recruitment costs in their business please take a look at our case studies.

We would like to discuss these options with you as soon as is convenient. We will contact you to set up a meeting to discuss in more detail how a Fircroft Cost Reduction Package can help retain and enhance your cost competitive advantage in today’s difficult climate.

If you would like to discuss this further please call +44 122 4216 090 or email us at Aberdeen@fircroft.com

 

 

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