Acquisition lets house builder make savings

5 September 2001
More news

06 September 2001

House builder Persimmon is to save more than £10 million a year on materials with the extra buying power it gained from acquiring rival Beazer in March.

Persimmon has identified annual savings of £7 million, or £1,000 per plot, on the construction of Beazer's homes and expects similar savings on its own properties.

Beazer's central purchasing department has been closed with the loss of around 40 buyers. Savings will be achieved in part by using Persimmon's devolved procurement structure, which gives responsibility to specialist buyers in the company's local units.

The procurement strategy is part of a bottom-line savings target of £33 million.

SMsep2001

LATEST
JOBS
Trowbridge, Wiltshire
Salary – £71,903 to £79,270
Wiltshire Council
More London Place or Norwich
£42,500 to £50,000 (More London) £38,250 to £45,000 (Norwich)
Clarion Housing Group
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE