| Back To
Home Page |
|
| |
|
| First Group plc |
|
| Commercial
Manager |
|
| |
|
| Period Employed [Contract] |
July 2003 to August 2004 |
|
| Business Sector |
Transport - Deregulated Bus
and Coach Market |
| Company Turnover |
£220M - FTSE100 Company |
| Employees |
3,500 (London Division)
& 50,000 (group) |
| Description of
Company Activities |
Provision of
public bus transport services to both the deregulated and commercial sectors
across the South of England. Key clients TfL and London Underground |
| Reporting Lines |
UK MD,
FD/Commercial Director and Operations Director |
| Direct Staff Responsibility |
3 |
| |
|
| |
|
| Remit of
the Role |
|
|
|
|
Hired to manage
the bid process including bid strategy and to undertake
a major review of the cost base, working closely with internal audit so that FirstGroup could more effectively compete in a highly competitive market
place and to build the commercial skills and awareness of the commercial and
finance departments. |
| |
|
Projects & Activities |
| |
-
Bid management and development of bid
strategy.
-
Modelling of contractual tenders to
appraise investments and capital projects.
-
Development of the five-year plan and
identification of major risk issues.
-
Identification, analysis and
recommendation of business opportunities.
-
Analysis and recommendation of CAPEX
strategy.
-
Identification of acquisition targets.
-
Review of vehicle purchasing programme
and recommendation of vehicle acquisition strategy including cascading
programme of older vehicles across the UK
-
Detailed negotiation of the master legal
framework legalities with TfL and audit and control of all contractual
documentation including annual reviews and enforcement of contractual
terms and conditions.
-
Investment appraisal and commercial due
diligence on all major bids and submission of recommendations to Corporate
Finance for approval/sign off
-
Developed the commercial skills of the
commercial team
|
| |
|
Key Achievements |
| |
-
Improved modelling for investment
appraisals to protect margin erosion on contracts undertaken
-
Identified 4 new acquisition targets for
expansion strategy including all due diligence
-
Implemented a competitive analysis
framework for the strategic analysis of key sector companies
-
Audit of cost base, bid models and
working methodologies resulted in First being able to reduce average bid
prices by 5%.
|
| |
|
Reason For Leaving |
| |
|
Contract completed re maternity cover. |
| |
|
Back To Home Page |