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PRET. 12 Core Categories.
Acquiring substantial savings.
Supporting PRET's best practice standards.
The Opportunity
PEPCO supported PRET's in-house team to conduct a strategic procurement review of key categories. Together, we defined a structured approach to support improved supply efficiencies and EBITDA. Support was required to maintain PRET's high standards by renegotiating, consolidating and reviewing the current operating models.
Once a plan was agreed, PEPCO provided category experts to support accelerated delivery within key areas with full consideration of PRET's best practice standards of quality, service and social responsibility. This involved thorough market testing of existing pricing.
TrueValue Strategy
The market testing created robust challenges to the existing supply base. Working closely with the client, existing relationships and
PEPCO supported PRET's in-house team to conduct a strategic procurement review of key categories. Together, we defined a structured approach to support improved supply efficiencies and EBITDA. Support was required to maintain PRET's high standards by renegotiating, consolidating and reviewing the current operating models.
Once a plan was agreed, PEPCO provided category experts to support accelerated delivery within key areas with full consideration of PRET's best practice standards of quality, service and social responsibility. This involved thorough market testing of existing pricing.
TrueValue Strategy
The market testing created robust challenges to the existing supply base. Working closely with the client, existing relationships and
specifications were analysed to widen the potential supplier audience. Across categories including packaging carriers, cups, lids and soup packaging, facility management, cleaning materials, packaging sundries, travel, heated packaging, fixed line telecoms, lighting, hot langers and cash collection, we sought to generate savings without ever compromising the quality and integrity that underlines the brand.
For a number of strategic high spend categories, transformation strategies were implemented which whilst significantly reducing cost, most importantly, delivered operational and supply chain improvements which were key to supporting business growth.
Overall PEPCO have helped PRET deliver in excess of £5m of savings
Across a range of initiatives including eprocurement, cost reduction, aggregation and share of contacts PEPCO has assisted PRET to deliver in excess of £5m of savings
For a number of strategic high spend categories, transformation strategies were implemented which whilst significantly reducing cost, most importantly, delivered operational and supply chain improvements which were key to supporting business growth.
Overall PEPCO have helped PRET deliver in excess of £5m of savings
Across a range of initiatives including eprocurement, cost reduction, aggregation and share of contacts PEPCO has assisted PRET to deliver in excess of £5m of savings
TrueValue |
Over our five year relationship with PRET, PEPCO has provided access to group aggregation, introduced effective eProcurement technologies and provided resources to help achieve significant cost reductions across the business.
12
Core Categories
£5m
Savings
17%
% Saving
"PRET has been working with PEPCO for the last 5 years on a range of initiatives to support our in-house procurement team. PEPCO has provided us with access to group aggregation, introduced effective e-procurement technologies and provided us with resources to help us achieve significant cost reductions across the business. Some projects involved complex remodelling and necessitated change.
The PEPCO team are easy to work with, pragmatic and solution-focused, and have provided relevant industry experience that has driven long term value to PRET. I would not hesitate to recommend them as a procurement partner."
Amy Head, Head of Procurement & Adam Jones, Finance Director
The PEPCO team are easy to work with, pragmatic and solution-focused, and have provided relevant industry experience that has driven long term value to PRET. I would not hesitate to recommend them as a procurement partner."
Amy Head, Head of Procurement & Adam Jones, Finance Director
Meet the team
Our core team of 18 people is supported by a number of procurement specialists and advisors in specific categories.
Whatever your sector you will have access to valuable experience and expert insight.
Whatever your sector you will have access to valuable experience and expert insight.
Find out more about TrueValue and how it could strengthen your procurement processes.
Email us at truevalue@pepcoservices.com
Email us at truevalue@pepcoservices.com
Find out more about TrueValue and how it could strengthen your procurement processes.
Email us at truevalue@pepcoservices.com
Email us at truevalue@pepcoservices.com