SUCCESS STORY
£7.5M cost base reduction
Creating a Centralized Procurement Function Across Portfolio Brands
- Strategic initiative delivered operational consistency across three casual dining businesses
Outcomes
£7.5m cost base reduction Delivered
Two phases of cost reduction boosted the group’s bottom line
Operational Consistency
Central procurement aligned three independent brands
Supplier Alignment
100+ suppliers engaged through collaboration and transparency
Customer Experience Protected
Savings achieved without compromising brand proposition
BACKGROUND
A leading private equity group with significant investments in the UK casual dining sector engaged Procure4 to create a central procurement function across three portfolio brands.
Each brand had recently undergone leadership changes, and alignment was needed to ensure that cost initiatives supported group value without eroding the consumer proposition.
the challenge
The client needed to balance the requirements of three fast-moving, brand-led businesses while introducing a centralized procurement function. New CEOs and Boards required reassurance that the approach would protect the customer experience. At the same time, rising inflation and the complexity of spend categories spanning food, property, and indirect areas such as marketing, travel, and legal, created further pressure to deliver measurable savings.
SOLUTION
To address these challenges, Procure4 designed and delivered a coordinated procurement program that combined strategy, stakeholder engagement, and supplier collaboration.
- Developed a central procurement strategy with category-specific plans
- Introduced eAuctions and eRFX to improve transparency and consolidate supplier data
- Ran multi-unit trials to test changes and secure buy-in across the brands
- Facilitated working groups to approve supplier or specification changes
- Hosted a supplier day with 100+ suppliers to align on growth plans
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