Steven Eagell Saves £300,000 on Vehicle Movements

Steven Eagell Group has partnered with Jigcar to streamline its retail vehicle movements following the completion of a successful trial, with the business already achieving savings of over £300,000 for the year.

Jigcar piloted its services with the group last year with its platform identifying cost savings across the retailer’s 32 Toyota and 11 Lexus locations.

All retail movements are now managed through the platform, building a set of movement data for leadership to review and streamlining the process for site staff.

Jigcar’s volume and movement data was then used to analyse the group’s transportation needs across its network. This has resulted in consolidation around fewer vetted providers who were able to agree to lower rates based on clear volumes, which has improved efficiencies and significantly reduced costs. The new rates agreed are worth £300,000 to the group on a yearly basis.

Steven Eagell Group is now consistently  achieving retail vehicle movements within two days – three days quicker than the industry average, saving £30 per day per vehicle in stock costs and reducing days to sell. 

Elliott Perks, CEO of Jigcar said:

“We’re delighted to be working with the Steven Eagell Group and helping it achieve significant vehicle movement cost savings.”

“Across the industry, dealer groups face transportation charges of up to £250 per vehicle, when that’s multiplied by thousands of vehicles the costs escalate. Everything we do is based around using our AI-driven platform to reduce cost per car and cost per mile to deliver bottom line savings,” he said.

The next stage of the partnership will see the Jigcar platform managing vehicle movements for Steven Eagell Group’s expanding fleet business.

For Sheraz Rashid, Group Operations Director at Steven Eagell Group, the benefits have been clear;

“Since partnering with Jigcar we have greater visibility of transport costs across the business which has increased our efficiencies and helped us control costs and make significant savings.”

“Our general managers are now in a better position to factor in vehicle movements as part of the sales process and an area where costs can be saved, reducing days to sell. 

“Jigcar has quickly delivered quantifiable cost savings across all our retail movements, so we are looking forward to working with them to achieve what could be even bigger savings across our fleet operations.”

To learn more about how Jigcar could have the same impact at your dealer group, get in touch to book a demo.

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