The Midcounties Co-operative: A prominent regional supermarket chain embarked on a significant project to upgrade their stores with the latest self-checkout (SCO) payment tills.
Key figures:
97 stores
were fitted with new self-service systems - region-wide
€3 million
all-inclusive project
5-year lease
Spreading the cost, aligning with the equipment lifecycle
The Econocom Solution:
Econocom proposed a fixed 60-month rental solution for the investment, thereby aligning the investment costs with the equipment life. Furthermore, the Econocom solution could accommodate all the associated costs of the investment, hard and soft expenses alike.
Econocom provided a flexible investment facility, allowing for the payment of Midcounties suppliers during the installation phase, as equipment was delivered, software licences released or milestones passed on the investment/refurbishment.
Midcounties fixed rental term, however, only started when the installation had been completed, equipment installed and delivering value.
The Challenge:
Once the investment project was underway, it became apparent that the expected investment timelines were unrealistic, due to unforeseen challenges in the store refurbishment process.
As a result, the investment process took over 12 months to complete, with additional costs arising from the delayed installation.
Econocom's installation solution adeptly accommodated the extended timeline and increased budgets, demonstrating the flexibility and resilience of our solutions.
Added Value:
- One-stop-shop: Econocom has the ability to bundle soft and hardware costs. Simplifying the process for you.
- Trusted Partner Supporting users every step of the way, from pre-deployment, and roll-out, throughout the subscription to the end of the contract.
The Outcome:
"Working with Econocom on our self-checkout project has made a multifaceted undertaking significantly more manageable and less complex. Throughout they have been professional and supportive.”
Chris Chandler
Head of Store Support at
The Midcounties Co-operative
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