10 Dec 2019
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08 Nov 2019
KBB and merchant service provider Acres Consultancy has acquired the online recruitment specialist kbbrecruitment.co.uk, expanding their business in line with increasing sales and demand for services.
KBBrecruitment is a niche recruiter for the KBB and home interiors industry that has been established since 2003. Based in Essex, the company has built a reputation for delivering exceptional service to the jobseeker and the recruiter.
Principal Director at Acres Consultancy, Simon Acres said, “This is a very exciting acquisition that will extend our reach digitally and geographically, enhancing the service we can offer our clients.”
Shelley Moore, director at kbbrecruitment.co.uk said, “We are delighted to have concluded this deal with Acres Consultancy, they are a great match for our business with a similar ethos and core values of honesty, reliability and loyalty.
“This acquisition will assist Acres Consultancy to progress their aim of becoming recognised as the first choice KBB and merchant service provider, making a tangible difference to clients, helping to improve sales conversions and increase profits.”
Entec International is rolling out its 3PMRO (3rd party Maintenance, Repair & Operations) supply chain service in Nigeria for one of the world’s largest food & drink multinationals, following a successful project in Ghana.
Sales Director Charlie Patterson says that Entec moved from a being a transactional spare parts supplier to a 3PMRO supply chain consolidator for the client, having commenced pilot operations in Ghana January 2018.
By replacing the existing large fragmented supply base with a fully managed 3PMRO partnership, Entec achieved a 16.2% cost reduction in the first twelve months of the project, having reduced shipments by 93%, which also cut CO2 emissions by an impressive 5,032 tons
As the single point of contact, Entec streamlined the supply chain, converting a complex process with multiple payment terms in multiple currencies into a single process to pay with common terms in a single currency. Reducing risk and managing complexity is a core value of Entec’s 3PMRO service, Charlie explains.
“As a transactional supplier, there is only so far you can go in reducing commodity cost, but by adopting a holistic approach to the supply of spares, assuming responsibility for managing the entire MRO procurement process and supply chain, we made a big difference to overall efficiency and delivered significant cost-savings,” he says.
Administration time and costs were cut dramatically too, with an 58% reduction in the number of invoices to be processed, while Purchase Orders decreased by 83%, saving Procurement to Payment (P2P) transactions and costs.
As part of an inventory optimisation programme, Entec also conducted an onsite audit of the Engineering stores in Ghana, cleansing and enriching data, standardising part numbers, removing duplication and producing a catalogue of spares to support automation of the ordering process.
Charlie Patterson concludes, “Entec’s 3PMRO solution has enabled our client to streamline their procurement and supply chain processes, reducing overall acquisition costs for MRO spares, which has had a positive impact on both their organisational profitability and competitiveness.”
Having proved the pilot project in Ghana, Entec is now rolling out the 3PMRO service to the client’s sites in Nigeria.