Case Study: schuh

Thanks to Trident’s risk-managed approach to procurement, schuh has realised savings against their current contract and guaranteed competitive pricing for years to come. Trident’s market analysts advised to lock in prices in early 2021 when prices were significantly below the huge wholesale market increases that have seen prices rise to their highest ever level. At the same time Trident helped schuh meet their carbon neutral objectives by securing contracts supplied by 100% renewable energy.

Using Trident’s in-house software, Pulse, schuh has instant access to our budgeting tool giving them accurate forecasts on costs over a three-year period, with daily updates following market movement. In addition to this, Trident has carried out and completed the Energy Savings Opportunity Scheme (ESOS) assessments across the schuh portfolio, alongside a separate exercise looking at non-commodity analysis to identify further ways for schuh to save costs on electricity and gas.

The real story

Recently, Trident undertook a detailed analysis of schuh’s maximum demand profile across their entire national half-hourly portfolio. Within a matter of weeks, Trident demonstrated there were significant savings available by reducing the agreed supply capacity at a number of stores. Following a further detailed analysis of historical data going back over two years, Trident put together a case for reducing capacities at over 20 stores. After detailed consultations between Trident and schuh, it was agreed to go ahead with all recommendations securing schuh savings in excess of £50,000 over the next three years.

Both schuh and Trident welcome the opportunity to continue their partnership for years to come.