KPM Enterprises Drives 6% Increase in Profits for Canadian Client

Procurement technology and vendor management strategy delivers additional $2.6M in annual earnings

 MISSISSAUGA, Canada, November 12, 2017 – One of Canada’s larger retailers with sales in excess of $1B, partnered with KPM Enterprises ( to increase annual earnings by 6% through a series of online vendor procurement events. Sixteen online bidding events focusing on waste removal, office supplies, janitorial services, repairs and maintenance resulted in total savings of $4.5M, with $2.6M being realized within a year.

“The working relationship with KPM Enterprises has been great. We wish we could go faster and harder on this,” said client vice president.

“We are amazed at the results,” said client project leader “Particularly, coming after completing our own internal cost reduction program.”

KPM Enterprises specializes in cost-reduction programs and online bidding for many retailers in Canada and the United States. The Canadian Client as noted saw ninety approved vendors supply online bids in a competitive environment over the sixteen events. Overall savings averaged 26% across the various categories. The program required no IT investment and minimal up-front costs, with the ROI reaching 960%!

“Our leading-edge procurement strategy is available to retailers and other organizations in Canada,” said Eugene Duynstee, President of KPM Enterprises. “Many US-based retailers are utilizing online vendor bidding as an effective way to drive profitability and remain competitive. Early Canadian adopters will have a huge competitive advantage.”


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