Client Profile and Challenge
-
An upscale portfolio operating more than 20 locations had long relied on a single grease collection vendor without exploring market-indexed opportunities. Key challenges included:
-
Undervalued Assets: Revenue structures were not linked to current market pricing, leading to significant lost revenue.
-
Management Gaps: No centralized reporting or visibility into annual collection volumes across property locations.
The RXMCO Approach
-
Operational Review: Conducted volume estimations and an audit of oil production practices across the properties.
-
Market Alignment: Utilized a structured multi-vendor RFP to compare market-indexed revenue share models.
-
Implementation: Negotiated and implemented a chain-wide optimized program with improved service reliability.
The Results
-
More than 38% increase in fresh oil procurement and used cooking oil collection revenue.
-
$294,000 estimated annual financial improvement.
-
Transparent reporting on collected volumes and improved pickup logistics.