
Real Estate and Brokerage
Strategic Sourcing Solutions and Operating Cost Reductions For The Agriculture Industry
Toner and Printing Supplies
A Case Study
Corcentric was recently engaged by one of the world’s largest real estate holding companies and franchise brokerages. Specifically, Corcentric was tasked with identifying ways to cut down on the $9 million-worth of laser printer toner cartgidges that is purchased every year across its 300 locations.Corcentric was able to negotiate and implement a three-pronged strategy. The first part was a significant reduction in the pricing of OEM black and color laser toners that was negotiated at multiple levels with the office supplies vendor and the OEM manufacturer itself. The second strategy consisted of implementing a remanufactured and non-OEM testing and deployment strategy, which included end-user feedback and real-world beta testing. Ultimately, 30% of the toner volume was able to be migrated to the lower cost non-oem solutions. Finally, the third component of the strategy consisted of volume rebates from the office supplies vendor. By consolidating the spending across suppliers, the new vendor was more aggressive in rebates.Ultimately, the real estate company received in excess of $3 million in annual savings!