Accelerated profits for Kia Motors

Esther McLeod, Head of Human Resources for Kia, engaged Expense Reduction Analysts Marc Page and Andy Mahon to assist with managing the expected growth in business overheads.

During the months prior to Kia’s relocation, Expense Reduction Analysts advised on a range of expenditures. Some of these cost areas were completely new to Kia as the company was moving from a serviced office into its own larger new offices. This first round of analysis work involved investigating expenditure upon postage and capital equipment, print, office stationery, and mobile communications.

The relocation meant that some suppliers would no longer be in a position to provide a service to Kia and so ensuring high service levels from new suppliers was fundamental to the smooth implementation of each project. Andy and Marc addressed this issue by undertaking a thorough analysis into Kia’s revised service criteria, as well as reviewing the financials, and reported all of their findings back to Kia in clear and comprehensive recommendations.

Each project resulted in significant profit improvement and enhanced service levels. Sean Stewart, Head of Facilities and Office Services at Kia, is now Andy and Marc’s main contact within the organisation. He says: “My first meeting with Marc and Andy was to establish the status of each project so that I could begin to understand how the profit improvement and service enhancements had been achieved. “Marc and Andy’s attention to detail was obvious to me, as was that of Tobias Morris. Tobias is a consultant who was invited by Marc and Andy to conduct the communications analysis work due to his expert knowledge of this particular market.”

With a number of projects now delivering profits on an ongoing basis for Kia, Sean is keen for Expense Reduction Analysts to look at further areas of expenditure. The first of these areas are business rates, insurance and fixed line communications. Sean concludes: “I have every confidence in engaging Expense Reduction Analysts to investigate a further range of expenditure areas, which leaves me able to focus on the strategic issues which affect the growth of the business. I would have no hesitation in recommending Expense Reduction Analysts as an effective way of managing costs and enhancing supplier service levels.”

Kia Motor Profile

Kia Motors (UK) Ltd is the fastest growing car manufacturer in Europe. Last year Kia sold more than one million cars worldwide and actually beat its own sales record for the fifth year running. This rapid growth was the main factor behind the company’s recent decision to relocate to stunning new offices in Weybridge.