Industry:
One of the largest employee owned companies in the U.S. Retail grocery, convenience marts, and quick service restaurants
Expense Category:
Waste & Recycling ServicesClient Challenge:
Fine Tune inherited two main hauler agreements and a host of locally sourced and negotiated deals in rural and remote markets which house nearly 500 locations. Fine Tune was tasked with assessing the status quo, implementing useful measurement tools and pursuing cost savings and contract consolidation without inconveniencing field operations.
Fine Tune Solution:
In an initial data-gathering phase, Fine Tune compiled an assessment of baseline spend and contractual obligations for all locations. Based upon the data gathered in this assessment and their industry-insider knowledge, Fine Tune determined appropriate target spend levels for the account. After discussions with field-level personnel and corporate contacts, a strategy was recommended and agreed upon to accomplish these objectives in as expeditious a manner as possible.
Outcome:
Fine Tune negotiated and implemented two main hauler contracts and managed supplier transitions of nearly 100 stores, securing ~$750K in savings over the course of these 3-year agreements. Additionally, over 40% of the savings secured through the agreements would not have been realized without Fine Tune’s continuous auditing and program management. Since implementation of the agreements, not a single month has passed without overcharge identification and credit recovery by Fine Tune.