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Questas was acquired by a private equity firm whose partners wanted to conduct a diagnostic to understand where they could optimise the business’ operating model, associated costs and limit the impact of COVID19 on their workforce.
Procurement was identified as an area of improvement, largely due to it being managed at branch level. Questa was looking to create synergies group wide.
Questas was acquired by a private equity firm whose partners wanted to conduct a diagnostic to understand where they could optimise the business’ operating model, associated costs and limit the impact of COVID19 on their workforce.
Procurement was identified as an area of improvement, largely due to it being managed at branch level. Questa was looking to create synergies group wide.
Using the Expert360 network, Questas engaged a Procurement Expert to manage the transformation of their procurement team post acquisition.
The Expert moved quickly to analyse the current state of business and understand the challenges Questas was facing. Using the analysis from the diagnostic, they renegotiated and standardised contracts, implemented national umbrella agreements.
The Expert made a strong impact on Questas, managing and leading a procurement diagnostic and transformation.
Thanks to this Expert's efforts, Questas:
- Annualised savings in excess of 10% of EBITDA.
- Delivered >8x return of the Expert's fee.
- Alleviated the pressure to reduce staff numbers during the COVID19 crisis.
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