Cost Savings for Prodisc with Expense Reduction Analysts

Expense Reduction Analysts (ERA) Taiwan has helped one of the country's leading manufacturers and developers of optical products to reduce its overhead costs in areas including electricity, telecommunication, printing and labour as well as health and marine insurance. Established in 1990 and now with US$0.34 billion turnover and over 1,300 employees, Prodisc has accumulated 15 years experience with branches in Taipei, Hong Kong, Thailand and the Netherlands, North America and China, specialising in optical storage media, optical communication components and rear projection screens. Due to the low profit margins in this field, Prodisc closely monitored its costs and ran an internal streamlining programme before engaging ERA Taiwan.

"We thought we were already competitive and no further savings could be found," says Carol Lin, Prodisc's deputy manager for performance management.

After various reviews, ERA generated savings of more than 27 per cent in marine insurance without even changing Prodisc's incumbent insurance company.

"I was pleasantly surprised with the savings found by Expense Reduction Analysts," says Carol Lin. "They were able to release our hidden profit which we had never thought possible."

21-Aug-2007

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