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Home > e-LYNXX Corporation > How Organizations Can RealizeTransparency Control and Significant Cost Reduction
 

How Organizations Can RealizeTransparency Control and Significant Cost Reduction

White Paper Published By: e-LYNXX Corporation
e-LYNXX Corporation
Published:  Feb 25, 2011
Type:  White Paper
Length:  14 pages

The pursuit of expense reduction has led many organizations to conclude that their traditionally effective strategies and tactics applied in the historically target-rich expense categories no longer seem to be enough. Organizations now require game changing, innovative and fresh approaches that will deliver sustainable results; without adversely impacting product or service quality and without mortgaging their future. In many organizations, there exists at least one spend area that is shielded from C-level management, decentralized, rarely monitored and thinly regulated. One area prone to this scenario is the procurement of outsourced print material and services. Print is typically classified under a variety of accounting codes, delegated to a marketing or purchasing leader, or bought by a mid-level employee working at the fringes of the organization. For more than 30 years, e-LYNXX Corporation has developed solutions that dramatically reduce the operating costs associated with print and related custom goods and services. e-LYNXX has quietly processed millions of print projects through its systems, amassing extensive expertise and one of the largest repositories of print procurement information anywhere. Through its American Print Management division, e-LYNXX provides comprehensive print procurement management through a vendor-neutral approach that achieves the lowest cost available while enhancing quality and service. American Print Management offers an exclusive blend of powerful procurement tools and resources including: (1) Web-based workflow, communication and procurement system designed specifically for print, (2) Support services designed to augment existing print procurement activities, (3) Set of recommended best practices that are proven to optimize cost savings, and (4) License to use e-LYNXX patented automated vendor selection procedure Results are proven based upon millions of procured print projects and include: (1) Better managed print procurement process, (2) Full transparency, reporting, accountability, centralized policy administration, (3) Improved efficiencies, reduced change orders, assured quality and timeliness, (4) Significant measured savings in cost of procured print Organizations partner with e-LYNXX to achieve dramatic cost reduction in this significant outsourced expense category while enhancing their procurement transparency, effectiveness and control. e-LYNXX facilitates these benefits by applying its proven and patented Automated Vendor Selection Technology (AVS TechnologyTM) supported by its proprietary database, domain expertise and robust Print Management Center (a web-based workflow and communication system). The e-LYNXX data demonstrates consistent, hard-dollar cost savings in the range of 25% to 50% where pricing has been obtained from the client's pre-qualified suppliers using e-LYNXX's controlled bid-and-award model. Reductions were measured by comparing the low price (awarded price) to the average of all other prices offered (market price). In cases where historical price was compared to that obtained through this technology, reductions have been even more dramatic. The technology used to garner these savings is contained in a series of Automated Vendor Selection patents, including U.S. Patent No. 6,397,197, Patent No. 7,451,106, post-Bilski Patent No. 7,788,143 and Continuing Application 12/855,423 (collectively, the AVS TechnologyTM) - This collection of patents covers all custom goods and services, not just print. All patents are owned by e-LYNXX Corporation.



Tags : 
avs technology, new procurement process