Case Study: Peak Utility Services Group cuts fleet costs with Corcentric Fleet Procurement

Peak Utility Services Group cuts tire prices up to 18% with Corcentric

Peak Utility Services Group, a utility infrastructure services provider, faced challenges with decentralized and inefficient procurement for its fleet of 2,200 vehicles. With four divisions purchasing separately, they lacked centralized procurement and national account pricing, leading to higher costs. They partnered with Corcentric to implement its Fleet Procurement solution to consolidate spending and achieve savings.

Corcentric conducted a spend analysis and established national account programs with suppliers, locking in consistent pricing. This resulted in an up to 18% reduction in tire prices and 4-16% savings on parts and lubricants for Peak. Furthermore, Corcentric streamlined the invoicing process through an automated portal, providing greater spend visibility and back-office efficiency.

Peak Utility Services Group