Displaysense Reports Public Sector Busting Budgets Before 2010
Released
on: January 04, 2010, 2:55 am
Author:
Displaysense
Industry: Retail
Displaysense has reported that many public sector bodies are
rushing to meet their budgets before the end of 2009 in an effort to
maximise budget allowances in 2010.
2009 has proven to be a troubling and uncertain year for the majority of companies
and public sector bodies in the UK, resulting in procurement managers, store owners
and accountants departments tightening their belts and keeping a watchful eye over
the budgets.
Displaysense, the UK's leading supplier of display products such as display cases and leaflet holders has recognised a growing trend of public sector organisations that are purchasing
and stocking up on duplicates of products as the year comes to a close in order to
meet budget and prevent a smaller budget in 2010.
In certain examples found by Displaysense, a growing number of customers were even
purchasing shelving units to store their duplicate products. This over spending
might seem to some as a poor use of tax payers money and certainly, with scandals
such as MPs expenses still in people's minds as well as the impending increases in
VAT, not the best timing. However, spending under budget can result in a cut of
annual allocation for the following year which, depending on the public body, can
have a greater impact on the tax payer as public bodies are expected to do more for
less.
For example, hospitals and schools will purchase many poster holders and pamphlet
displays from the likes of Displaysense in order to offer advice and information on
a range of topics, from helping the elderly avoid winter bugs to assisting parents
in keeping up with changes at their children's school. Local councils can help
educate their community on the money saving options available to them in the local
area, which is especially useful for those on an unpredictable income. This type of
advice and guidance is hard to put a price on, but those that have already benefited
from it will no doubt say it is priceless.
Steve Whittle, the marketing manager at Displaysense, commented: "During turbulent
financial times such as these, it is not surprising that a number of public sector
bodies have been cautious with their spending towards the start of the year. Holding
off spending can be beneficial to a council as they have better buying power with
multiple purchases as we are able to offer greater discounts. The result for us is
an increase in sales on the likes of our business card holders and exhibition stands which we would not usually see at this time of year."
With the year drawing to a close and local councils and public sector bodies having
topped up on their supplies for the year ahead, it looks like companies such as
Displaysense might have to wait until Christmas next year for another surge in
spend. Christmas might come early in April however, as the end of the financial year
will draw in other budget busting customers looking to capitalise on their left over
funds.
About Displaysense:
Displaysense was established in September of 1978 as a manufacturer of quality point
of sale displays. Displaysense has a wealth of experience in design and
manufacturing and has been able to develop an ever growing standard range of over
5,000 displays for retail, exhibitions, office and home. The range is now hugely
diverse including literature displays, display cabinets, mannequins, office
displays, exhibition stands, catering supplies and even items for the home.
Displaysense works with a large range of clients including, retailers (multiple and
independent), blue chip corporate clients, cafés, bars, restaurants and night clubs,
shop and office fitters, marketing and promotions companies, designers and
architects, product distributors, exhibition contractors and exhibitors, printers,
councils and NHS trusts, charities, schools and universities and even home
consumers.
Contact Details: Steve Whittle
Marketing Manager
Displaysense
Rye Street
Bishop's Stortford
Hertfordshire
CM23 2HG
UK
0845 2008139
www.displaysense.co.uk