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About Balance Point Analytics
Cost Reduction in your Laboratories: this is my company’s basic mission. During my 34 years in the laboratory supply business I have observed customers “leaving money on the table†for a variety of reasons. Balance Point Analytics has been created to bring these savings and efficiencies to the marketplace. Some of the reasons alluded to above include: · Incomplete understanding of the inner workings of the agreements they sign · Inability to compare offers accurately - especially discount categories · Too many agreements in various commodity areas to allow time for proper evaluation · Comparisons of 4 to 6 hard cost reduction drivers when there are actually at least 14 · Utilization of the same RFP format and selection process over & over This is not an indictment of procurement individuals. It is simply a statement of how it is in the marketplace – the processes and procedures in place need to be up-dated. Doing the same things that have always been done and expecting dif