Soft drinks processor Silver Spring plans to boost sales by 25% by 2011 as it builds on a cost saving and efficiency drive to expand production.
"We're at £40M [annual sales]. Our plan is to go to £50M within the next three years, with our ideal production ratio being one third our brands, one third contract [for other suppliers] and one third retail brand," said David Hanlon, operations director at the firm, in Folkestone, Kent.
Hanlon claimed that since he joined Silver Spring in December 2004, he had saved between £1M and £2M in operational costs and improved liquid yields, saving a further £300,000 per year. He has completed a restructure that reduced staff numbers from 320 to 270, saving £1M per year. And he said he had achieved annual supply chain savings of £300,000.
In addition, he's improved efficiency by supervising investment in a £1M warehouse management software system, courtesy of global firm RedPrairie.
Silver Spring supplies 250M bottles per year of still and sparkling flavoured water, carbonates and energy drinks under retailers' brands and its own brands, including Perfectly Clear, Pulsar and Torque.