Buyologists.com.au - Saving You Money Is Our Science

Hire A Business Cost Reduction Expert
In business it’s easy to be so focused on revenue and growth that you lose track of your expenses and overheads. Often the fastest way to improve your profit margins is actually by controlling and reducing your cost base. That's where Buyologists' procurement and cost management expertise comes into play!
How we can help your business
Cutting costs is arguably the quickest and easiest way to improve the profitability of your business. Reducing your cost-base can bring immediate savings and ensure that you remain competitive in the longer term. But where do you start? That’s where we can help...

Most companies are unable to match the results that a professional cost management firm like us can provide. Most of this comes down to our extensive industry experience and systematic processes, plus of course the fact we have the time to do this – because this is exactly what we do!

Businesses generally have limited internal resources, with most employees in the modern day workplace already normally stretched to their limits! We have the time, and more importantly the expertise, to get this done for you while you go about your core business.

When the total cost savings, letalone time and resources allocated to this project are accounted for, outsourcing this work to experts more than pays for itself we can assure you!
We Put Our Systems To Work
It all starts with a thorough analysis of your current costs. Then we research the market and present you with available options, before ultimately we negotiate with your preferred suppliers on your behalf, around not just pricing but also re their other key terms of business that can also make such a big impact on your cashflow and your bottom-line (ie terms of payment etc).

First we try to identify your major cost centres – because obviously those are the areas where we can help you make the greatest potential savings.

Then, based on our many years of experience, we can benchmark your business against other similar businesses to help highlight where your costs may be too high.

Once we have done our detailed research and hopefully identified potential savings and options available to you, it is then over to you and your team to decide on the solution you think is best for you.. because you know your business better than we do!
Specialist procurement expertise
Our key competitive advantage that we put to work for you lies in our team’s skills, knowledge and expertise in procurement, developed over many years of hands on experience.. helping us to unlock the potential savings in your business.

This means that, when we begin to analyze in detail some of your major cost areas such as insurance, travel, energy, freight and the like, we draw in and utilize our team of industry specialists, with years of first-hand experience working directly within these particular sectors.

They all have many many years of experience under their belt, working closely with a huge range of companies and other organisations, large and small, across an incredible array of industries.

And we are always building on the knowledge gained during each and every project, which then feeds directly into our database populated with tens of thousands of transactions which we have made and researched previously.
Buyologists have been kindly donated a limited number of copies of

Negotiation Essentials
By Peter Papermon
- Apply your negotiation skills in a work context
- Negotiate effectively with expert salespeople
- Know when to use hard or soft negotiation stances
- Avoid over-negotiating or negotiating too often
- Use the right words to achieve precise results
- Accurately read and project body language
- Build relationship through effective eye contact
- Prevent heated discussions from getting out of control
- Use verbal agreements in the right contexts
- Get better outcomes in a range of practical scenarios
Download The Book

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We only work for you
Our sole aim in working with you is to get the best possible outcome for you. We thoroughly research and analyze your spending then investigate a range of options and suppliers in the marketplace, all in a totally transparent way. This then allows us to present you with our findings, for you and your team then to make fully informed decisions which are right for you.. because we do recognise that ultimately we can never know your business as well as you do!

Our detailed understanding of industry costs helps us to ensure that you receive the best possible pricing for your particular needs. And to ensure our 100% independence in this critical decision making, we never ever accept a kickback or commission from a supplier – that way you can always be 100% guaranteed we are on only one team, yours! And no matter what your suppliers tell you they are only on one team too.. theirs!

When you partner with us, you and your team will always be in control 100%. That’s right, we will simply make sure we ask the right questions at the outset to get a full understanding of your current circumstances, and then we will continue to communicate closely with you to ensure that we are understanding and meeting your needs every step of the way.

And rest assured we take the confidentiality of all our clients extremely seriously. No third parties ever will be passed your contact details or given access to privileged information without your prior consent.
Proven strategies to drive down your costs
We will initially identify some small quick wins, and then in the medium term we will work with you in detail to help achieve some bigger savings.

There are quite often some short-term costs that can be reduced with little risk of any downside, such as through:
• Carefully checking supplier invoices for overcharging, such as double billing, incorrect charges and missing discounts.
• Bulking up frequent small orders, that waste a lot of time and often mean you are missing out on bulk order discounts.

Then there are the savings that will take a bit more research and time, with us working by your side, such as:
• Negotiating improved terms with your current major suppliers
• Consolidating your purchasing with fewer suppliers to get better discounts and build strong relationships
• Introducing new suppliers you have not dealt with previously
• Developing longer-term supply contracts or annual purchase volumes in return for lower prices and longer payment terms

Given our years of experience and influence, we are often able to negotiate special terms that you would simply not be able to.
Reduced risk
You need to remember that over-dependence on one supplier can put you at risk if they fail, so its always worth investigating alternatives just in case, even if you don’t need them just yet! On the other side of the coin we are also very aware that, when you begin to cut costs, of course there are potential downsides too It is crucially important that by cutting costs you never compromise on quality.

That is to say, like everything in life, a balanced and considered approach is crucial in the area of cost management. Before you commit to any major decisions, whatever they may be, we will help ensure that we have thoroughly addressed and worked through with you all of the potential issues and pitfalls, to ensure that whatever decision you do make carries minimal risk of disruption.
LEARN HOW BUYOLOGISTS CAN HELP YOU

Want to learn more about how Buyologists can help reduce your business expenses and lower your company overheads?

Simply fill in the form with your details and we will send you more information about our process and benefits for you to consider.
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No compromises on quality
There are several questions that we will want to discuss with you in detail, including:

• How will my customers be affected? – Everything that you do should always have your customers front and centre in mind! If any steps that you take to cut costs could in any way alienate the people to whom you you owe your existence, then you will probably need to think again!

• Will the quality of my products suffer? – Offering a product or service that is of lesser quality would cancel out any gains we may help you achieve in cutting your costs. Even if they didnt notice right away, there is nothing surer than that your customers will notice sooner or later, then up and take their business elsewhere.

That is to say, you need to make sure that your offerings remain the same so that you can keep your customers happy, else what is the point?!
Savings from your existing suppliers
With your purchases from your existing suppliers, we regularly identify significant savings and efficiencies within the supply chain. A lot of the time clients choose to retain their original supplier, rather than take the risk of taking their business to a new and unknown supplier.

While each situation is unique, we use a collaborative approach, built on years of both hands-on experience and also studies, to achieve the best possible results for you.

This is especially important when we are talking to a supplier with whom you have had a very positive long term relationship, to ensure no damage is done to that relationship through the negotiation process.

All of this isn’t to say you should never change suppliers, often it might be a great move that saves you a lot of money, and often even with an increase rather than decrease in the quality or service you receive. We are simply emphasizing though that we fully understand the wider implications of any decisions to try and reduce your cost base, and as such we will never be solely focused on making a ‘saving’, unless we all agree that in the big picture it truly is an overall saving to your organization, rather than “robbing Peter to pay Paul”!
Ongoing monitoring and support
After savings and cost reductions are initially realized through our research and negotiations, we then commit to continue to communicate and monitor your progress on an ongoing basis, to ensure that consistent savings are indeed being made, without any resultant compromise in the level of quality or service you are receiving.
Only pay if you save
We simply share in the savings we have made for you for a short period of time.. then it is over to you to enjoy 100% of the savings in years to come! And if we save you nothing you pay us nothing.. nice and easy!
- Mike engaged our Accounting/Advisory firm to help sell his previous global merchandising business, when he decided he wanted a change after almost 20 very successful years. The stand-out strength in their business model, that just leapt off the page, was the amazing margins they were able to achieve, in what is an extremely competitive industry.
  
  Mike was ultimately able to offer extremely competitive pricing to his clients, simply on the back of their extraordinary supply chain management and procurement expertise. So much so, when we sent through the Business For Sale Memorandum to a few interested competitors, several questioned whether the margin figures were accurate, which they absolutely were!
  
  Suffice to say I have absolutely no hesitation in referring the services of Buyologists to you, as an expert in the field who will help you to save money, time and stress. We are also referring our own clients to him, to help them realise savings in their overheads and expenses, while they focus their attention on the important task of trying to grow their business.
  
  Business Costs Grant Miles Hayes Knight
Got more questions?
We hope this tells you a bit more about us... but you might still have loads more questions. If so, we would love to hear from you, to talk in more detail about how we can best be of service to you...

In the meantime we invite you to browse our Frequently Asked Questions page, which answers lots of the common questions our clients ask us.