Menzies (2022)

Following previous successful projects delivered by the team, Menzies engaged us to review its operations. The objective was to identify and execute an efficiency programme to reduce costs & offset the impact of a decline in its core Newsprint business.

Menzies (2022)

Following previous successful projects delivered by the team, Menzies engaged us to review its operations. The objective was to identify and execute an efficiency programme to reduce costs & offset the impact of a decline in its core Newsprint business.

Our impact

Deliverables

A detailed review of all branches was completed, looking at existing structures, productivity and operating models, the key findings were brought together into a programme of activity, with costs savings >£15m

Key elements of the plan were:

  • Branch efficiency programme delivered: operational restructure, surplus equipment removed, standard tasks consolidated, SOP’s improved & best practice developed & embedded.

  • Implementation of key projects in Compliance & Transport to increase efficiency, reduce cost & standardise systems to eradicate waste.

  • Creation of a new targeted group of automated KPI’s with increased focus & granular detail, utilising powerful app-based technology

  • Execution of a plan to halve the use of agency as well as reducing the cost per hour for the residual agency usage.  Suppliers consolidated from >100 to less than 10.  All managed via a data driven Neutral Vendor platform to ensure 100% compliance. Significant £ savings delivered together with soft benefits of improved morale, better retention of core staff and less shrinkage.

  • The programme of activity helped support a successful sale of Menzies to InPost in 2024 for c.£86m

Satus:
Realised

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