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December 2011 | Rebecca Ellinor
Lancashire County Cricket Club has outsourced purchasing activities to Optimum Procurement in a three-year deal to manage at
least £43 million spend.
The agreement is the first of its
kind in English cricket and the County Championship winners said they were confident
the cost-saving deal will deliver big business benefits as it moves ahead with
a redevelopment programme for Old Trafford.
Optimum will be relied upon to
help reduce costs, improve sourcing efficiency and update underlying internal
Lee Morgan, finance and operations director at Lancashire CCC, said: “This is a
significant partnership at a momentous period in the club’s commercial
development. By investing in new infrastructure…we are bucking the trend in a
very challenging economic climate. Optimum will help us ensure we get the
very best value and service from our suppliers and this is a crucial
deliverable as we transform Old Trafford into a premier cricketing venue fit to
host an Ashes Test in 2013.”
It is not clear what the savings
target is but it is expected to be a “significant sum”.
CEO Peter Rushton told SM they are
already involved with the purchase of seating for the revamped venue and added
that LCCC hopes the new, improved grounds will give it a competitive advantage.