News
JANUARY 2012
The HILLINGAR team would like to wish all our client's past, current and future a prosperous, productive and positive 2012.
With lots of exciting development work it's going to be another busy year for the HILLINGAR team supporting our clients achieve what they need to make 2012 another successful year.
ONE TO ONE PEER REVIEW WITH LORD DIGBY JONES
HILLINGAR had the privilege of winning Sussex Enterprise's one to one meeting with Digby Jones at this year's Really Useful Business Show at the Brighton Centre. The Directors talked with Digby about the recession, recovery and breaking through the barriers as a growing business.
"It was great to have a chance to chat with such an experienced business leader. Digby was extremely approachable and offered some great advice for our company and businesses in general. In these tough times it was great to have Digby's support, saying HILLINGAR filled a real business need which is particularly relevant as the country comes slowly out of recession and companies are actually at more risk of going bust." Rob Little.
HILLINGAR enable companies to get the full benefits from one of their biggest assets and biggest potential liability - stock. Too much wastes money, too little upsets your customers and hurts your revenue. HILLINGAR ensure you get the balance right, increase your profits and all without the cost, risk and hassle of doing it yourself.
"A recession might not be the ideal time to start a company, but during times of financial constraints every pound counts. It can be shocking how much cash companies can save by fully planning and optimising their stocks." Tim Griffiths.
Open the press release here >>
Open the article from The Argus, 20th Oct 2009 >>
QUESTIONS and ANSWERS
To lead your market and remain flexible you need rapid solutions to your specific issues. Our range of unique business reports offer you comprehensive analysis with immediate actions and savings that you can quickly achieve and benefit from.
If you answer yes to any of the following questions you have the potential to increase your profits without the need to increase your sales:
- Do you have a lot of stock but are still failing to meet your customer orders on time?
- Do you have to split and re-ship customer orders?
- Do you have products where the sales figures are hard to predict?
- Do you need to have to clear old or excess stocks?
- Are your product supply lead times longer than your customer delivery times?
- Your current stock control process just doesn't do the job any more?
A recent example :
After HILLINGAR's detailed analysis and planning, a £75,000 (15%) reduction in the company's stock was achieved by simply implementing HILLINGAR's Executive Report key recommendations.
Initial Stock level..........................................£500,000
HILLINGAR's recommended stock level...........£425,000
Initial Savings..............................................£ 75,000
Ongoing Savings*........................................£ 15,000
HILLINGAR Executive Report cost...................£ 3,000
*Ongoing savings of not buying unneeded stock is calculated at 20% of the stock value (tax, interest, insurance, handling, storage etc). These savings are an additional profit, to the company.
In this example, ongoing savings were maintained by the continued application of HILLINGAR's processes, to control the optimised stocking levels
Savings vs Sales
The impact that these savings have on a company's profit can clearly be shown when highlighting the relationship between the unspent cash and the value of sales needed to generate the same amount return.
In the above example the company's gross margin was 5%; therefore the relationship of the increased profits between sales and savings is 20:1.
In £'s this means that sales would need to increase by £300,000 to return the same amount of profit (£15,000) generated by HILLINGAR's ongoing savings recommendations.