Delivering Intelligent Solutions to SYNETIQ
Established in March 2019, SYNETIQ is the largest salvage and dismantling company in the UK. SYNETIQ operates over 16 sites around the country, processes circa 100,000 vehicles each year and has an annual turnover of £130 million.
As a merger of 4 businesses, the initial formation of SYNETIQ was very complex. Tom Rumboll, Chief Executive Officer at SYNETIQ, had the challenge of integrating the businesses, simplifying the complexity and most importantly, harmonising their ways of working and processes.
Recognising the immediate need to harmonise and simplify SYNETIQ’s procurement processes, Tom used his LinkedIn platform and asked for recommendations for procurement experts. Having previously run large procurement projects but never used external procurement experts, Tom listened to a recommendation from a trusted contact and met with Expense Reduction Analysts.
Summary of Savings
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"ERA have delivered exactly as they said they would, in a way that’s absolutely best for our business and in the right way. I would recommend ERA’s services without hesitation."
Hear directly from Tom Rumboll, the CEO of SYNETIQ, as he explains what it was like to work with Expense Reduction Analysts, offering his thoughts and feelings on the working relationship with ERA and what our services meant for his company.
Tom covers a variety of topics in this video, including examples of the different projects ERA undertook on behalf of SYNETIQ, including how much money this has saved the business and how that cash is being used to achieve other long term goals.
Another crucial element you'll hear about is the added value aspects of the working relationship with ERA. Cost reduction isn't the only value our specialists provide, and Tom explains just how useful and "priceless" the insights our network have been able to share.