Dollars and Sense
At the University of Louisville, the in-plant has cut through waste to eliminate a seven-figure deficit and sharpen its operational efficiency.
A new paper contract is projected to save the in-plant $100,000 next year, Knaster calculates. Previously, he says, the in-plant had contracted with three different paper vendors by cherry-picking the best deals from each of their bids.
"We had locked in prices, which were a good deal at the time—that is, at the height of the economy—but now the economy is down and pricing is much more a buyers' market," he explains.
- Companies:
- Xerox Corp.
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