$463K a year in flooring savings found.
An 80,000-unit operator benchmarked every flooring invoice and found 2.6% to cut.
- Portfolio
- 80,000 units
- Analyzed
- 167 properties
- Areas
- Payables, Spend
$463K
annualized savings opportunity, portfolio-wide
2.6%
of total flooring spend
$9.3M
potential increase in asset value
Where it comes from
$66K in a 3.5-month window- Switch to a cheaper vendor in the same region$34.3K
- Standardize regional pricing$15.3K
- Move off retail purchasing$10.4K
- Enforce preferred SKUs$6.3K
Identified over a 3.5-month analysis window across 167 properties, then annualized portfolio-wide. Asset value assumes a 5% cap rate.
The problem
Flooring is an eight-figure line item bought from 40+ vendors. Invoices were keyed in by hand with little detail, so nobody could compare what each property actually paid.
How Unitbase helped
- 01Broke every flooring invoice into carpet, pad, install and removal, priced all-in per square yard.
- 02Benchmarked every purchase by vendor, product and property.
- 03Turned the findings into four specific levers, not a spreadsheet.
Which properties can reduce carpet spend by switching to a cheaper vendor?
8 properties have neighbors buying the same carpet for $6 to $7 less per SY. $34K in the window.
What changed
If I had done this all starting at 5:30 last night I would have been here until 8pm. So it was magical to complete in about 20 minutes total!
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