CASE STUDY

Company sings the praises of savings

Client Alfred Music Publishing Sector Music Publishing Cost Categories Small Package Freight, LTL Freight

Alfred Music Publishing finds total savings of $293,000 with incumbents for Small Package Freight and LTL Freight

LARGEST EDUCATIONAL MUSIC PUBLISHER IN WORLD

Alfred Music Publishing has over 45,000 print, DVD, CD, software and Blu-Ray titles in circulation. The company publishes a variety of music genres and styles, including educational, reference, pop and performance pieces. Titles represent artists as diverse as George and Ira Gershwin, Henry Mancini, Tony Bennett, Madonna, Michael Jackson and the Rolling Stones. 10% Alfred Publishing is located in the Los Angeles area with offices in Miami, New York, Cologne, London, Singapore, and Sydney. Based on the success of an earlier project, the Southern California 37% headquarters asked Expense Reduction Analysts (ERA) to review its Small Package Freight expenses.

“We thought we had already found as much savings in this cost PROJECT INFORMATION category as possible,” explained Paul Vindigni, Alfred Publishing CFO. “I was extremely pleased when ERA was able to find more.” Expense: Small Package Freight Industry: Music Publishing Vindigni also found ERA’s results for LTL expenses pleasing, particularly since the company remained with one of its Hidden Savings: $170,000 incumbent providers. “It certainly pays to have experts examine Client ROI: $21,250 an hour expenses,” he noted. Supplier: Incumbent Savings: 10%

“ We thought we had already Expense: LTL Freight Industry: Music Publishing found all possible savings. My Hidden Savings: $130,000 experience proves that it pays to Client ROI: $18,575 an hour use industry experts to examine Supplier: Incumbent overhead expenses. Savings: 37%

PAUL VINDIGNI, CFO ALFRED MUSIC PUBLISHING

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