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Speedy Services - an overview

Who we are

• The UK's 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 responsibility




Sustainability (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 sustainable
innovation

• Supplier Charter
• Supplier Review meetings
• Supplier Excellence Programme (SEP)
• Supplier Innovation Award




                                        3
Focus on supply chain sustainable
innovation




                                    4
Focus on supply chain sustainable
innovation
Bringing products to market




                                    5
GO product assessment

5 Key criteria




                          6
Lighting tower innovations to date


Continual evolution & efficiency improvements

VT-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 innovation

VT-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 rates



VT-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
Summary

Taking 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

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Speedy Services Supply Chain Innovation

  • 1. Speedy Services - an overview Who we are • The UK's 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
  • 2. We all have a responsibility Sustainability (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
  • 3. Focus on supply chain sustainable innovation • Supplier Charter • Supplier Review meetings • Supplier Excellence Programme (SEP) • Supplier Innovation Award 3
  • 4. Focus on supply chain sustainable innovation 4
  • 5. Focus on supply chain sustainable innovation Bringing products to market 5
  • 6. GO product assessment 5 Key criteria 6
  • 7. Lighting tower innovations to date Continual evolution & efficiency improvements VT-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
  • 8. The latest innovation VT-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
  • 9. Innovation driving hire rates VT-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
  • 10. 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
  • 11. Summary Taking 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

Editor's Notes

  1. 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
  2. 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.
  3. 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.