National High Street Retail Chain Saves ￡65,553
Steve Clifford CEng, MIMechE, MEI, MCIBSE
Helping business energy managers, facilities managers and finance managers save time and costs by securing the best energy contracts and providing unrivalled utility management solutions (since 1984)
Efficient Utility Bureau Service Reaps Rewards
How We Helped
We have been working with a small national high street retail chain since 2014, over the years Clifford Talbot Partnership have achieved significant cost and time savings through
· Procurement
· Our technical expertise, and
· Knowledge of the energy industry
Through our Utility Bureau Service we have helped the retail chain make significant savings.
Results
We have made significant cost savings in the following areas:
1. Procurement
When initially instructed on the retail portfolio we discovered a large number of supplies were on high default or out of contract rates.
We promptly placed these supplies out to tender and secured savings of ￡65,553, most of which was through negotiating contracts that were a reduction of between 36% and 56% compared to the prevailing rates. Over ￡7,500 of this was through backdating the negotiated rates with incumbent suppliers.
2. Account management
Previously all utilities were managed by each individual shop which meant accounts were often estimated, accounts were in query and also supplies were in or out of contract with various suppliers with various end dates.
Our service enabled the client to centralise this function for all shops, leading to only 1 procurement decision being necessary and ensuring their shop managers could focus on running the shops whilst we took care of the utilities.
3. Industry Knowledge / P272*
Following recent government legislation two of our client’s supplies were subject to P272, something which we had previously briefed the client about.
Having researched the legislation we used our expertise and knowledge to arrange suitable contracts for these supplies ensuring the client adhered to the new regulations.
* Click here for more information about P272
Clifford Talbot Partnership saved our client a total of ￡65,553
About the Author:
Steve Clifford is Joint Owner of Clifford Talbot Partnership which was formed in 1984 to provide solutions to energy and utility management issues in commerce, industry, government and the public sectors throughout the UK.
Call Steve on 01630 685 144 or email [email protected] if you are interested in discussing ways we may be able to reduce your costs.
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