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Reduce or Eliminate Staff Costs

TEM Procurement clients can reduce or eliminate purchasing staff costs, thereby achieving direct savings from employee salaries and the elimination of overhead burden from employee benefits (retirement funds, health insurance, 401K plans, etc.). Today, the direct cost for benefits, other than salary, is estimated at 35-plus percent of a full-time employee's total compensation package. And these costs continue to rise dramatically as health care and other "people" benefits outpace inflation.

It's estimated that procurement professionals earning a salary of $4,000 a month, actually cost their companies more than $7,000 after the value of benefits is added.But there are also additional hidden costs that prudent managers today must factor into the equation before adding new staff. Things like the proportionate share of supervision; office space and equipment; computers and information technology equipment; training; and other office expenses all drag down the bottom lime. And these expenses are ongoing regardless of the level of activity.

TEM clients will only be billed and charged for the actual time required to perform a contracted task. This translates  to higher levels of service with fewer people, and less down-time.

 
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