Advisory role to deliver savings and improve supplier performance

The Opportunity
The market leading Italian casual dining brands, ASK Italian, Zizzi and Coco di Mama were keen to explore their existing indirect costs and highlight opportunities which would provide strategic benefit. Working closely with the Finance Director and the Procurement team our remit was to build a robust plan to realise opportunities over a period of 6-12 months.

TrueValue Strategy
In our capacity as advisors to the Finance Director, we looked closely at a selection of categories to highlight those which would have a positive impact by being reviewed for Azzurri.

We then worked closely with the in-house procurement team on categories including: Facilities Management, Signage & Awnings, Restaurant Printers, Catering Consumables, Furniture, Kitchen Equipment, Telecoms, Insurance, Marketing and Stationery. With the clear objectives of reducing costs while being mindful of ongoing strategic relationships with suppliers.

A strategy was created by working with the stakeholders to review the current service levels, new requirements, costs and activities. Our next step was to work through a series of hypotheses and options with the team to find the best fit and costs, supported by commercial inputs from tenders. Business cases were detailed and final selections made.

Savings of £1.4 million savings or 15% of spend addressed
The results have been both substantial and rapid.