MPF Plating
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MPF Plating Managing Director invited Control Energy Costs to meet with him to talk about their services a few months ago and now they’re reaping the benefits of working with the Made In The Midlands Patron.
MPF Plating are zinc plating specialists who moved to their current site in Steward Street in Birmingham, in 2003. Since then, they have increased capacity significantly and invested into new production facilities.
As a result of the increased capacity, their energy consumption and spend has more than doubled in the last few years and as such their Managing Director has had to become much more aware of what actually makes up their costs and work with a specialist to support the procurement of this.
Control Energy Costs undertook an initial audit to analyse the historic and current invoices for electricity, gas and water and highlighted a number of immediate opportunities for refunds as well as immediate non-contract savings. The combined value of these represented 12% of MPF Plating’s annual spend.
MPF had also pre-signed a new electricity contract which was due to start in October, however, when we picked this up, we made the Managing Director aware that we could significantly reduce the rates and terms and as such it would be worth staying with the current supplier on renegotiated terms. This reduced the costs versus the contract they would have entered by a further 10%.
Managing Director commented, “I invited Control Energy Costs to meet with us as I knew they were already working with a significant number of MiTM members and also involved in the Surface Engineering Association which we are members of. The fact I know companies they currently work with gave me confidence they clearly know what they’re talking about!”
Control Energy Cost's Sales Director added, “MPF are a typical owner managed business where the Managing Director is wearing lots of hats and whilst he realises energy is a cost to them it probably wasn’t given the due time it deserved. Like most businesses, the Managing Director was working with a traditional energy broker who was only looking at supply contracts and not the non-commodity costs. The broker was also building in hefty commission for poor advice which meant the Managing Director was paying even more than he needed to.”
Control Energy Costs now work with over 70 MiTM members and with success stories like this hope to be given the opportunity to speak and work with even more!