Speedy Services Supply Chain Innovation
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Transcript of Speedy Services Supply Chain Innovation
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Who we are
Speedy Services - an overview
• The UK's largest provider of hire equipment with £330 million turnover, 100,000 customers, 3,844 employees and a national network of over 325 depots
• Leading service provider offering equipment and associated services to construction, infrastructure, industrial and related industries
• Service provision to customers who operate both in the UK and overseas
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We all have a responsibility
Sustainability (in the context of Speedy):
• Commercial excellence – influencing customer behaviour and supply chain;
• Environmental excellence – climate change; waste and recycling, ecology;
• Social excellence – influencing our people, keeping people safe, working with communities.
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Focus on supply chain sustainable innovation
• Supplier Charter• Supplier Review meetings• Supplier Excellence Programme (SEP)• Supplier Innovation Award
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Focus on supply chain sustainable innovation
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Bringing products to market
Focus on supply chain sustainable innovation
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5 Key criteria
GO product assessment
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Lighting tower innovations to date
VT-1 VT-1 eco VB-9
• Light sensor• Auto shut off• 30% Fuel saving• Extended refuel
• Smaller, more efficient engine
• Larger fuel tank• Light sensor• Auto shut off• 72% Fuel saving• Extended refuel
Continual evolution & efficiency improvements
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• 8 hours battery powered & 8 hours generator powered
• 3000 hours battery life• 0.25 l/h fuel consumption when the generator is in
use• Silent running for 50% of the time & very low
noise• 500hrs+ run time
VT-Hybrid LED
The latest innovation
• 94% reduction in CO2 output• Improved Fuel Savings• Reduced maintenance & servicing
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VT-Hybrid LED
• Doubling the hire rate• 92% reduction in fuels costs• 20% savings to the customer
Running CostsTraditional Light
Tower (VT1)VT1-Eco VB-9 VT-Hybrid
Example rate per month £320 £400 £600 £640
Running cost per month (30 Days) £534 £358 £134 £45
Total Costs (excluding labour) per month £854 £758 £734 £685
Customer savings per month £96 £120 £169
Refuel Period 10x per month7x per month
Every 2 months
Every 5 months
Innovation driving hire rates
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Sustainable solutions in more ways than one
• Using the electricity cost as £0.12* per hour per kilowatt
Saving over a year: 922 kg of CO2 emissions
£110.57 of electricity cost per individual light
57 Watt£14.22 per 52 weeks
500 Watt£124.80 per 52 weeks
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Taking a lead
Summary
• Changing the requirements and behaviour of an industry• Identified a need in the market, creating demand – market led solution• Value add to clients