Corporate Relocation Services
'An Unstable Shrinking Industry and Supply Chain in Rapid Decline'
Nutrac Relocation Services
Nutrac relocation programs are in sync with the current economy and the client’s needs. Most importantly, they are designed to help generate a sustainable return on investment (ROI). Our diagnostic approach allows us to analyze and evaluate service provider agreements and benchmark relocation policies. Collaborative professional relationships within our global provider network allow us transcend the traditional competitive boundaries for structuring our programs. We utilize our systematic approach to refine “best business practices” and match “best in class” service providers for meeting our client’s goals and objectives. We deliver a custom program of relocation related services, divided in measurable processes, with the purpose to drive performance, minimize risk, and assure transparency in pricing.
Today's Corporate Relocation Dilemma
At the enterprise level, the external forces affecting our economy have also uncovered some of the internal deficiencies hidden in corporate relocation programs. The most critical internal deficiencies are, on one hand, the lack of transparency in pricing along the value chain, and not having a consistent methodology to benchmark against industry’s best practices to balance the cost of services, on the other. Fixing both deficiencies is essential for determining the correct combination of benefits required in a competitive relocation program, as opposed to over or under spending for attracting and retaining top talent.
....Do you want to know what superior-performing companies are doing?
The Nutrac Value Proposition
The Nutrac team possesses the best of two worlds: corporate relocation client experience and relocation provider skill-sets. The team is current with today’s relocation industry trends; and has a positive track record of consistent performance in managing relocation. The team has received many industry quality awards. The depth of our experience, qualifications, and technology, allow us to deliver complete programs with a high degree of success. We began in the mid-80’s and immediately embraced the single-point-of-contact outsourcing concept; today, Nutrac has evolved into a private global network of C-level professionals from both the relocation and finance industries. Our controlled collaborative approach delivers outstanding results to clients by controlling risk and effectively eliminating traditional RFI and RFP expense as well as shortening the enormous amount of time it takes to deliver a “best in class” relocation program with a sustainable ROI.
Navigating Relocation 2010
The Nutrac team understands the urgency required to provide the necessary insight to corporate clients to achieve an efficient and cost effective relocation program.
Today’s legal system dictates that it is the corporate client, and not the relocation provider, as the party accountable for managing the risk, balancing the cost of the services, and correctly reporting all expenses tied its relocation program. Even in an outsourcing scenario, the corporate client is still responsible for accuracy and disclosure.
....Have you implemented a competitive strategy to manage the increasing risk?
Relocation Industry Snapshot 2010 Q2
It is a volatile industry with providers' experiencing sustained declines in revenues and negative profitability that began in 2007 Q4. This shrinking business environment will continue to expose the deficiencies of the old value chain by revealing more of the interdependencies between network players and a greater extent of non-transparency in the processes. The depth of exposure to additional risks and expenses to clients is impressive.
This industry transformation is likely to continue as the poor economic conditions in the country deteriorate the relocation industry; pushing it further into a downward spiral. As real estate markets continue to decline the number of household goods shipments also drop, negatively affecting the moving and storage industry; forcing them to seek new lines of business. Furthermore, the industry continues to experience a rise in mergers, bankruptcies, and downsizing, reducing the supply of reliable moving options for both relocation providers and the corporate clients they serve.
...Is your relocation program in-sync with today's challenges?
Contact us to schedule a confidential consultation...
866.213.3282 or 704.239.0199
Program and Process Evaluation • Risk Analysis • Service Provider Agreements
Tax-Protected Programs • Policy Development • Benefit Benchmarking
Residential Real Estate Services • Household Goods Moving and Storage
