Princeton Profit Associates is highly technical provider of customized parcel accounting, auditing, recovery and professional services. Your Supply Chain is not just your Logistics’ business, but the entire companies business.
We deliver solutions that allow you to do more with less while averaging a 10% Total Cost reduction throughout your complete supply chain.
Complete Supply Chain Solutions
Logistics: Find & remove every error, service failure, fraud and 3rd party abuse.
Purchasing: Negotiate the best “Total Cost” agreement for your shipping profile.
A/P: Monitor, analyze, report and cost allocate every charge before you pay it.
Mgt: Communicate weekly trends to accounting, logistics, A/P and purchasing.
Finance: Verify that your supply chain was better this week then last week.
HR: Ensure ex-employees are not using your accounts for their new business.
Medical Distribution Company
Annual Sales: $22 Billion Annual Small Parcel Spend: $55 Million
Services: Negotiated new agreements, restructured distribution locations, audit weekly shipments and optimized 17 locations. GL Coded and CC every charge on every bill. Created 26 customized weekly reports for 23 different business groups.
Results: Savings of $3.5 million per year and growing. Reduced head count by 2 people. Found carrier was incorrectly charging some accounts on key rates and surcharges.
Annual Sales: $8.4 Billion Annual Small Parcel Spend: $16 Million
Services: Audited, optimized and negotiate parcel agreements that cover 30 locations. Split analytics by location and business group for proper P&L cost savings allocations. GL Coded all fees and created 3rd party optimization cost reduction program.
Results: 12.1% ($2 million) per year & eliminated major 3rd party vendor account abuse.
Financial Information Distributor
Annual Sales: $1.5 Billion Company Annual Small Parcel / Freight Spend: $7 Million
Services: Negotiated, audited, optimized parcel agreements after another company said there was no savings potential. Created an auto rebill program & reformatted files for SAP uploads.
Results: Saved 8.2% on overall logistics spend and eliminated two positions.