Expense Reduction Analysts (ERA) announced it has rebranded using the new name, ERA Group. This updated identity, designed by the award-winning global brand agency BrandOpus, coincides with the appointment of Global CEO Mark Taylor and represents the company’s total value proposition beyond cost optimization. Under Taylor’s leadership, ERA Group is poised to deliver cutting-edge client solutions that leverage the data, analytics and expert insights gleaned from the completion of over 40,000 projects worldwide to guide today’s business leaders through truly transformative change.
Taylor is ERA Group’s first Global CEO – having previously served as Global CEO of InXpress, an international franchisor of parcel, freight, and delivery logistics services. Known for his ability to accelerate growth through his leadership at other successful international brands, Taylor is uniquely positioned to help launch ERA Group into the next phase of expansion and innovation.
“This rebrand is the visual expression of our maturation, representing the depth and breadth of the data and expertise we’ve amassed in service of our clients, and setting the stage for future growth,” explains Taylor. “Now it’s time to take what we have to the next level and scale our network by providing best-in-class processes and delivery that translates to client success.”
Founded in 1992, ERA Group was initially built as a training-focused business. Today, it is a leading global cost consultancy operating in over fifty countries across six continents with more than 1,000 people worldwide. Recent expansion includes Africa, the Middle East, and Asia. ERA Group offers industry-specific expertise in over 50 cost categories and 100’s of subcategories to provide insights at a level that is otherwise inaccessible to most businesses.
ERA Group’s clients include all types of businesses – from manufacturing and retail to energy and healthcare, financial services, and insurance – along with some of the world’s most successful companies and brand leaders. Clients reap the benefits of ERA’s ongoing investments in new systems, tools and technology, the latest of which includes an investment in SpendVue, a data visualization tool designed to help business leaders quickly identify actionable areas for cash flow improvement, to harness its proprietary cost savings and benchmarking data from tens of thousands of projects worldwide. These investments, combined with extensive supplier knowledge and best-in class implementation and monitoring practices, is what allows ERA Group to quickly identify actionable areas for cash flow improvement and client growth.
“I’m extremely proud of the business we have created over the last 30 years,” stated Fred Marfleet, Founder and Executive Chairman of the organization. “It is time for us to show the rest of the world what our clients already know – that we deliver tremendous value through insight, expertise, and service offerings beyond the savings we find. We value our relationships with our clients; our success is a testament to that.”
After a 2023 in which the company recorded a significant increase in its client portfolio and completed projects, the ERA Group expects its upward trend to continue in 2024 thanks to new strategies and innovations.
The ERA Group has been present in Romania since 2011. The local activities are coordinated by Remus Hîrceagă, who has over 30 years of experience in various business areas. In Romania, the ERA Group has a team of 4 partners and 9 consultants and a diversified client portfolio, including the food industry, agriculture, logistics and distribution, retail, oil and gas and the manufacturing industry.
“Global business leaders understand that a greater focus on the supply chain or cost reduction is the key to profit growth. And we only act in one direction, to add value for our clients. Our business philosophy is: your profit means our success. Clients who do not receive monetary added value from the services of the ERA Group do not pay for our services. In the local market, our clients benefit from the entire global expertise of ERA Group as well as from a network of consultants who have valuable knowledge in multiple industries and fields of activity,” explains Remus Hîrceagă, Country Manager of ERA Group Romania.