AET and HRG

HOMEBASE & ARGOS HOME RETAIL GROUP, UK:

Going back to 2009‭, ‬this was the single biggest project undertaken by HRG through their Homebase and Argos businesses‭, ‬and it was to AET they turned to manage the project‭. ‬It was a straightforward brief‭, ‬but with huge implications on capital expenditure for HRG‭. ‬This was the brief‭. ‬Right now we buy all of our taps form our Homebase instore tap bar from Bristan‭, ‬which is around‭ ‬£8‭ ‬million annually‭, ‬we buy all our taps that we sell through Argos from some unnamed importers‭. ‬We want AET to source all of these products from one Chinese manufacturer‭; ‬we want to save‭ ‬£2‭ ‬Million annually and by doing so‭; ‬that saving will cover the cap exes required to cleanse the Instore tap bars and move to own‭ ‬label taps for both Homebase and Argos‭. ‬This was a mammoth task‭, ‬however the manufacturer was selected‭, ‬the project commenced with haste and the project from inception to delivery was completed and delivered in just 8‭ ‬months‭. ‬The initial opening stock order for the combined business to cover all the required working stock and the refit the instore tap bars was‭ ‬£2.8‭ ‬Million‭: ‬putting that in context‭, ‬that was 10‭ ‬40ft Containers‭, ‬produced‭, ‬paid for and shipped in just one operation‭. ‬