Strategy
Investment
In 2014 the Blue Group made the decision to form a new Spares Division with the intention of trading not only in the UK market but the Global market. The forming of this new Division is the first stage of the 5 year business plan and will see the business develop both its home market and the Global market offering customers Genuine and non Genuine OEM parts. Blue Spares the Genuine arm of the Spares Division will focus on increasing turnover to its UK customer base whilst Wear and Spare parts will look at expanding on the International front with a number of routes to market being adopted. The objective of the New Spares Division will be to increase Turnover to £15m and develop the Wear and Spare Parts brand on a Global level, with the appointment of new agents and distributors as well as strategically placed Wear and Spare offices.
In order to achieve the new business objectives there has been significant investment in recent months across all areas of the business.
Commenting on the New Spares Division and the New Appointments Managing Director Sean Warburton said “The Blue Group has identified huge potential in the aftermarket side of its business and the investment in Stuart and the other new team members is a clear statement of intent to deliver our domestic and international customers the best level of service, availability and price. These are exciting times for the new Division and we are all looking forward to delivering a world class service to all of our customers.”
Firstly our new IT system enables superior stock management, with enhanced parts availability due to inventory reporting. Additionally our procurement has improved as a result of our sales tracking, enabling fast moving and key components to be identified more easily. Moreover we have recently fully refurbished our offices with a more open plan modern look and feel to enhance the working environment for employees. Other internal refurbishments include a new network connection throughout and a new state of the art security system. The warehousing facilities have also been radically transformed to give the Spares Division 8500m2 of covered warehousing capacity with plans afoot to expand again later in 2014. In terms of technology and facilities, we have invested heavily in two Kardex selective systems for improved stockholding and pick times, a shredder for all cardboard to enable the reuse of all packaging as padding and an electrically powered forklift.
In addition to our new structure, Blue Spares’ short term strategy is to strive to improve our overall service to our clients with increased availability and more competitive pricing where possible.
09