M&D Green Group Case Study

Company Background

Family-owned pharmacy chain, M&D Green Group was established in 1996. The chain strives to ensure the highest level of pharmaceutical care and professionalism daily, across its 23 branches in Scotland.

Operating throughout Glasgow, Renfrewshire, Ayrshire, Lanarkshire, Inverclyde, Forth Valley and Lothian, the group provides a personalised service to patients.

Overview

As a rapidly expanding business with many sites, M&D Green Group had many energy contracts with multiple contract end dates to manage. The task proved extremely difficult and time consuming as contracts were not aligned and there was no dedicated resource to deal with the admin.

This left the group vulnerable to sudden price increases as they were unaware of when all contracts would be ending and were at risk of rolling on to expensive out of contract rates as a result.

In addition to energy contracts, the Group also had different water contracts to manage, further adding to the administrative burden.

Solution

By leveraging relationships with leading suppliers, Great Annual Savings Group (GAS) was able to work with M&D Green to get all energy contracts aligned, meaning that the Group would only have one contract end date to remember.

In the process of aligning the portfolio, GAS was also able to provide a saving of 25% on one of the group’s energy contracts.

GAS also ensured M&D Green had a better deal on their water contracts, providing long-term cost savings.

Benefits

  • The removal of time constraints and admin
  • Protect themselves from future energy price increases
  • Establish long-term control over energy costs
  • A cost saving of 25% on an energy contract

Testimonial

“Through working with Great Annual Savings, we have achieved great savings from both a monetary and time perspective. As M&D Green Group has 23 sites and is rapidly expanding, the administration involved in managing all our utility contracts was simply too time consuming. GAS removed the burden of what would have been a very extensive and stressful task.

“As a multi-site business, we get a lot of calls from businesses offering to manage our energy contracts for us, however the approach from GAS was extremely professional and their expertise has proved invaluable to us.”

Connie Toner,

Practice Manager 

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Paul JohnsonGroup Financial Director

Paul Johnson is very much a home-grown talent.

He joined Great Annual Savings Group in its infancy, fresh from a youth career as a professional footballer with Hartlepool United.  He quickly established a reputation within the business and aced all required accountancy qualifications in the space of four years to become the Group’s Management Accountant.

Several successful projects later, Paul was promoted to Head of Finance.  When the former FD left GAS, he took on the mantle of the business’ most senior finance professional; boasting a string of incredible achievements all under the age of 30.

Quote:

“I have witnessed phenomenal growth at the Group over the many years I’ve worked here and I’m looking forward to guiding the Group into an exciting new chapter.”

Interesting fact:

Paul made his professional debut for Hartlepool United against Bournemouth in the Football League.  Some say Danny Ings still resides in his pocket to this day.

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