SIB Fixed Cost Reduction
SIB Fixed Cost Reduction offers solutions in cost reduction, blockchain, logistics optimization, and utilities management, serving a wide range of industries and achieving significant savings for clients.
Services
SIB Fixed Cost Reduction offers a comprehensive suite of cost-saving services across multiple categories including blockchain solutions, contract compliance, logistics optimization, private equity value creation, and utilities management for energy, waste, and telecom. The company uses proprietary technology and data analytics to identify cost reduction opportunities in areas like insurance, payroll processing, property taxes, shipping and fulfillment, telecom, treasury fees and merchant services, and other operating expenses. SIB also provides industry-specific solutions for diverse sectors, leveraging its expertise in energy procurement, utility bill data management, and sustainability reporting.
Industries Served
SIB Fixed Cost Reduction serves a wide array of industries including franchise/multi-site operators, government, healthcare, hospitality, manufacturing, multifamily, restaurants, retail, senior living, and telecommunication carriers. The company tailors its services to meet the unique needs of these sectors, helping clients achieve significant savings without altering service levels or changing vendors. By maintaining a database of over 500,000 pricing benchmarks and analyzing billions of data points annually, SIB accurately identifies and implements cost-saving opportunities.
Client Savings and Results
SIB Fixed Cost Reduction has delivered over $4 billion in total savings to its clients, serving more than 8,000 clients to date. On average, the company reduces business costs by 11-34% across multiple spend categories. Specific savings include an average reduction of 31% in waste and recycling costs. SIB operates on a no-risk, contingency-based billing model, only charging clients for the savings they accept, ensuring a win-win scenario for both parties.
Headquarters
SIB Fixed Cost Reduction is headquartered in Charleston, SC. From this central location, the company leverages its specialized teams and proprietary technology to serve clients nationwide. The headquarters acts as a hub for its extensive database and the analyses of billions of data points annually to optimize costs across various industries.
Expertise and Special Teams
SIB Fixed Cost Reduction employs specialized teams of experts in fields like energy, telecom and blockchain, shipping, waste, Amazon fulfillment auditing, and government, healthcare, and education. These teams use their in-depth industry knowledge and experience to identify and implement cost reduction strategies that are tailored to each client's specific needs. This comprehensive approach ensures ongoing savings sustainment and service level optimization.