125 strategic or preferred suppliersMeet once a quarter with each of themSupplier review meetings – 10 meetings with each supplier every year – half an hour SEP – series of 6 workshops covering topics such as waste management, green procurement, H&S
6 new products meetings per yearinvite suppliers to do a 30 min presentation. Dragons den – pitch and then we decide if it goes in. The panel judging are from all areas of the business, senior members of SHEQ, training, B&C excellnece, workshops, technical, sales and marketing and supply chain.
Featured in catalogueFeatured at the Speedy showcase each March4 events in the 4 regions for employees and customersProduct videos – 40 recently created for SFTGU. Speedy paid for them.
Speedy Services Supply Chain Innovation
Speedy Services - an overviewWho we are• The UKs largest provider of hire equipment with £330 million turnover, 100,000 customers, 3,844 employees and a national network of over 325 depots• Leading service provider offering equipment and associated services to construction, infrastructure, industrial and related industries• Service provision to customers who operate both in the UK and overseas
We all have a responsibilitySustainability (in the context of Speedy): • Commercial excellence – influencing customer behaviour and supply chain; • Environmental excellence – climate change; waste and recycling, ecology; • Social excellence – influencing our people, keeping people safe, working with communities. 2
Focus on supply chain sustainableinnovation• Supplier Charter• Supplier Review meetings• Supplier Excellence Programme (SEP)• Supplier Innovation Award 3
Lighting tower innovations to dateContinual evolution & efficiency improvementsVT-1 VT-1 eco VB-9 • Smaller, more efficient engine • Light sensor • Larger fuel tank • Auto shut off • Light sensor • 30% Fuel saving • Auto shut off • Extended refuel • 72% Fuel saving • Extended refuel 7
The latest innovationVT-Hybrid LED • 8 hours battery powered & 8 hours generator powered • 3000 hours battery life • 0.25 l/h fuel consumption when the generator is in use • Silent running for 50% of the time & very low noise • 500hrs+ run time • 94% reduction in CO2 output • Improved Fuel Savings • Reduced maintenance & servicing 8
Innovation driving hire ratesVT-Hybrid LED• Doubling the hire rate• 92% reduction in fuels costs• 20% savings to the customer Traditional Light Running Costs VT1-Eco VB-9 VT-Hybrid Tower (VT1) Example rate per month £320 £400 £600 £640 Running cost per month (30 Days) £534 £358 £134 £45 Total Costs (excluding labour) per month £854 £758 £734 £685 Customer savings per month £96 £120 £169 Every 2 Every 5 Refuel Period 10x per month 7x per month months months 9
Sustainable solutions in more ways than one 57 Watt 500 Watt £14.22 per 52 weeks £124.80 per 52 weeks Saving over a year: 922 kg of CO2 emissions £110.57 of electricity cost per individual light 10• Using the electricity cost as £0.12* per hour per kilowatt
SummaryTaking a lead• Changing the requirements and behaviour of an industry• Identified a need in the market, creating demand – market led solution• Value add to clients