Rexel Industrial Solutions (RIS) generates cost savings through several strategies and initiatives designed to optimize efficiency and reduce expenses for our customers.
SUPPLY CHAIN OPTIMIZATION
By streamlining the supply chain, RIS reduces costs associated with inventory management, logistics, and procurement. Leveraging technology for better demand forecasting and inventory control enhances these savings.
BULK PURCHASING
RIS often purchases products in bulk, allowing us to negotiate better prices with suppliers. These savings are then passed on to our customers.
VALUE-ADDED SERVICES
Offering services such as installation, maintenance, and technical support helps customers reduce operational costs and improve efficiency.
PRODUCT LIFECYCLE MANAGEMENT
RIS focuses on providing products with longer lifespans and lower maintenance costs, leading to significant savings for customers over time.
TRAINING AND SUPPORT
Providing training and support ensures customers can effectively use products and solutions, minimizing errors and inefficiencies that could lead to additional costs.
DIGITAL SOLUTIONS
Implementing digital tools and platforms for order management, inventory tracking, and customer relationship management enhances efficiency and reduces administrative costs.
SUSTAINABILITY INITIATIVES
Promoting sustainable practices and products helps customers save costs, comply with regulations, and improve their corporate social responsibility (CSR) profiles.
TAILORED SOLUTIONS
By understanding the specific needs of different industries, RIS offers customized solutions that optimize performance and reduce unnecessary expenditures.
PARTNERSHIPS AND COLLABORATIONS
Collaborating with manufacturers and other partners leads to innovative solutions that reduce costs for both RIS and its customers.
COST REDUCTION INITIATIVES
RIS employs various tools to add value to contracts, provide cost savings, and establish relevant project timescales.
OEM CONVERSION PROGRAMME
Converting Original Equipment Manufacturer (OEM) parts to equivalent alternatives can lead to significant cost savings.
TCO TRACKING TOOLS
Our Total Cost of Ownership (TCO) Tracking Tool records cost-saving projects using international standards and categories in an international knowledge database.
TRANSPORT COST REDUCTION PROGRAMME
Optimizing transportation logistics to reduce costs associated with shipping delivery.
SUPPLY CHAIN MANAGEMENT
Our in-house Category Management team ensures service delivery is at the forefront of industry innovations and maximizes group leverage of spend.
PRODUCT PERFORMANCE IMPROVEMENTS
Offering alternative products that provide superior performance and reduce customer expenditure.
COST AVOIDANCE
RIS absorbs price increases without passing them on to customers, effectively avoiding additional costs.
REDUCTIONS IN ENVIRONMENTAL AND WASTE DISPOSAL COSTS
Implementing sustainable practices to reduce environmental impact and waste disposal costs.
WORKING CAPITAL REDUCTION
Our Vendor Managed Inventory (VMI) programme reduces inventory carrying costs, improving working capital.
Customer key personnel and stakeholders are regularly engaged by Rexel Industrial Solutions’ Account Management team regarding our innovative cost-savings measures. We strive to supply these solutions regularly throughout the contract term.
ENERGY EFFICIENT SOLUTIONS
RIS offers a range of energy-efficient products and solutions to help customers reduce their energy consumption and lower their carbon footprint. This includes LED lighting, energy management systems, and renewable energy solutions.
VALUE-ADDED SERVICES
RIS provides value-added services such as technical support, training, and project management to help customers optimize their operations and improve efficiency.
PRODUCT INNOVATION
RIS works closely with leading manufacturers to bring innovative products to market. This includes cutting-edge technologies in areas such as automation, connectivity, and energy storage.
SUSTAINABILITY INITIATIVES
RIS is committed to sustainability and offers products and solutions that help customers meet their environmental goals. This includes eco-friendly products, recycling programs, and energy audits.