An excellent way to make savings is to work more efficiently.

We’ve worked recently with a national logistics company with over 1,000 drivers who all needed to purchase fuel regularly. The company had a mixture of arrangements to supply this fuel. It bought fuel in bulk and had it delivered and stored, and also used fuel cards on the road. However each region favoured a different supplier. The result? The company dealt with over 20 fuel suppliers, all charging different amounts for their service and invoicing in different ways.

Stenmoore’s first job was to consolidate the supplier base. Finding the right single supplier brought massive efficiency benefits almost overnight. We negotiated a cost-saving national pricing structure for fuel supply. And whereas previously the company had to deal with 20 invoices a month from different suppliers, now it just deals with one.

Make changes fast – transform unwieldy processes within weeks or days Focus on your business – focus on shaping your core business, and let someone else worry about getting maximum efficiency in the back office Get continuous improvement – agree key strategic performance measures to get costs low, and set improvement targets to keep them that way.

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