Restaurant Case Study

This customer initially came to LSI for help in managing a portfolio of 8 restaurants. LSI saved over £20,000 for this restaurant group.

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Restaurant

National restaurant chain

Description

This customer initially came to LSI for help in managing a portfolio of 8 restaurants. The aim was to drive down costs as well as aligning the end dates of all contracts. The supplies across the group are a mixture of Gas, Electricity (both non Half Hourly and Half Hourly). More recently the customer has expanded and needed a broker, who was able to assist with all site works and metering issues that arise. LSI now manages the entire portfolio of 15 sites.

Action

Challenge

  • The customer wanted to drive down costs
  • All the groups sites were with different suppliers and had no co-terminus end date
  • The customer needed all supplies to be billed to one address

Solution

  • A full tender process was carried out to ensure that contracts were placed with the most competitive supplier
  • A coterminous end date was negotiated for all supplies
  • LSI arranged for all bills to be sent to the groups head office

Result

  • Single point of contact at LSI who is responsible for managing their account
  • LSI deal with any queries regarding the accounts, which saves the customer from having to deal with suppliers
  • Regular monthly market updates and reports
  • Assistance throughout the process of arranging new supplies which can be extremely complicated
  • Savings achieved - £22,898.63/annum

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