Cut Costs Not Corners
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Charles Eddolls is an experienced consultant who has helped many companies reduce costs and improve operations. Some key points: - He has worked with many large companies and helped them save hundreds of millions through innovative solutions such as reverse auctions. In one case, a single competition saved over £100 million. - His approaches have cut costs in areas like steel, transport, and various purchased goods and services - examples show savings from 5-65%. - In addition to cost reduction, he also helps with business development, management issues, and operational improvements to increase profitability.
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Cut Costs Not Corners
- 1. Produced savings that averaged over 30% Cut Costs Not Corners Copyright © Charles Eddolls 2019 Saved hundreds of millions of pounds with innovative solutions Saved over £100 million in a single competition Cut LTI steel costs An approachable expert Driven down Transport costs
- 2. SUBTITLE Support - Charles Eddolls Could you benefit from advice? Cost reduction, company management , business development, health & safety, environmental, recycling & green issues I am sure that I could help so why not drop me an email ! charleseddolls@cygnetconsutancy.com
- 3. Increase profit opportunities Solve operational problems Foster ongoing supplier relationships Transfer specialist knowledge on reverse auctions, recycling, purchasing, logistics, health, safety & environment, staff issues - etc All of your information would be treated in total confidence Copyright © Charles Eddolls 2019 I can help your management team to:.
- 4. Some of my working history • CEO – Cygnet Consultancy Ltd – Consultancy • CEO - Group Supplies Plc – Leading UK RA provider • CEO - AWOI – One of the first Global Internet Sales Portals • CEO - Internet Marketing Management Plc –Software Specialists • Founding Operation Director EMR One of the worlds largest recyclers which has a turnover of circa £3 Billion • Over 20 years Operation Director at The Cooper Group. Instrumental in the growth of this family business until it became the largest UK Metal Recycling Company. Coopers had, on two occasions, won the Queens Award for Export Achievement. • Chair of the “Disposal and Infrastructure Committee” of the Automotive Consortium On Recycling and Disposal where I guided Government legislation covering recycling of 2 million “end of life” vehicles produced each year.
- 5. • My largest auction was circa £2 Billion - My smallest was £20K • To save money you do not have to use an auction. • I purchased 500 estate cars from a leading motor manufacturer who had professed to have already given my client their lowest prices. • I competed the need between their sales and finance departments using e-mail and telephone. • The Manufacturer knew that we would only buy from them and the competition was between their sales department and their funders. • I saved circa £350,000 How big does a competition need to be?
- 6. An example of purchasing innovation! Prior to Coopers merged we needed over 50 new cranes per year . So I decided to tender for 50+ long reach machines with grabs and wired for magnets and agreed to: • Buy at least 50 machines per year for five years • Receive year on year buy back prices with 85% paid after year one • Pay for the machines against a non-availed promissory note ( No bank facility was required) • Be paid for the buybacks as we paid off the promissory notes! • Have the machines maintained by the supplier within the cost The result was that: • We always ran new machines (max twelve months old) • We had no cost of maintenance • Each machine cost 15% of the discounted new price!
- 7. Air filters 36% Aluminium Extrusion 12% Architects services 14% Audio & Video Cassettes 26% Audio/Visual/installations 49% Automotive Metalwork 20% Bakery Ingredients 6% BT Lines 20% Building Surveyor 14% Camp Beds 14% Cameras 10% Catering 18% CCTV service contract 43% Cheese 8% Chilled/Frozen Goods 18% Chocolate 7% Civil and Structural 13% Cleaning Cloths 54% Clinical Consumables 18% Coffee 17% Commercial Tyres 10% Compasses 27% Computer Consumables 63% Contrast Media 65% Copier Paper 8% Corrosion & Icing Inhibito 5% Courier parcel services 22% Derv & Gas Oil exec duty 12% Diving Apparel 63% Domestic Couriers 23% Domestic Linen 10% Desk top stationary 46% Electric Office Supplies 33% Electricity 6% European Freight 11% Frigate Refit 21% Frozen Veg 6% Fuel DERV 5% Fuel Gas Oil 5% Fuel Kerosene 21% Fuel Transportation 62% Glasses 6% Gloves and Linen 43% Hand and Cutting Tools 39% Hydraulic and Engine Oil 26% Incontinence Products 30% International Freight 32% Landlines 19% Lease 22% Lifts maintenance 25% Lorry Tyres & Services 11% Mattresses 40% Mech and Engineering 13% Mobile Phone 17% Mount 54% Oils and Lubricants 37% Operating Theatre Product 19% Parts Haulage 31% Plastic bins 26% Pasta 36% Plasma Torch Consumable 19% Pocket Pack Tissues 62% Postage 16% Power Cables 26% PPE 37% Printer Consumables 40% Printing 47% Project Manager 16% Quantity Surveyors 13% Rehabilitation Consumable 19% Risk and Value 13% Rock Salt 24% Shirts 47% Specialist Batteries 5% Stainless Steel Sheets 9% Stationery 64% Steel 15% Steel Storage / Furniture 8% Tarpaulins 27% Temporary staff 16% Thomas Bins 14% Tissues 66% Trailer 22% Trailer Hire 16% Urology Consumables 7% Welding 45% Wound Management 15% Examples of savings (a small part of the 30%) Copyright © Charles Eddolls 2019
- 8. Contact me by email at anytime! Charles Eddolls CEO Cygnet Consultancy Ltd 25 North Wall Cricklade Swindon SN6 6DU England charleseddolls@cygnetconsultancy.com Tel +44 (0) 1793 752 485 www.cygnetconsultancy.com www.charleseddolls.com Copyright © Charles Eddolls 2019
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