Pizza Express
Following a purchase by Bain Capital & subsequent CVA completion the team were asked by the investors to conduct a commercial review & provide an improvement plan. The plan was subsequently accepted by the investors & the team were asked to deliver it.
Pizza Express
Following a purchase by Bain Capital & subsequent CVA completion the team were asked by the investors to conduct a commercial review & provide an improvement plan. The plan was subsequently accepted by the investors & the team were asked to deliver it.
Our impact
Following a detailed commercial review, the team were quickly able to build a profitability improvement plan. Key issues targeted by the plan were:
Reviewed all supplier relationships and market mapped potential alternative suppliers for both GNFR and GFRS
Delivered a 12-month programme of tendering, covering over 80% of total business spend including Food, Drinks, Facilities management and consumables
Detailed review of the supply chain and assessed their Contingency plans for in-house manufacturing
Assessed potential supplier synergies between the Restaurant and Retail side of their business
Significant savings and cashflow improvements made, delivering over 10% on total spend that was tendered
Prices fixed for a minimum of 18 months ahead of expected inflationary pressures
Cost prices on key commodity items fixed to market indexes to ensure cost advantages were locked in and sustained.
- Status:
- Realised
