Refitting Made Easy: CPG Logistics' Success with Leasing Solutions

CPG Logistics, a leading logistics and supply chain management company, has been a valued client of InnoVent for the past five years. With three operating warehouses in Hampshire, CPG Logistics is recognised for its comprehensive services, including storage, distribution, and inventory management.

The Challenge:

When CPG Logistics decided to refit one of their warehouses, they recognised the substantial investment required and opted to manage the costs strategically. Rather than tying up a large amount of capital in an upfront payment, they chose a leasing option to maintain their cash flow flexibility.

The Solution:

To address this challenge, CPG Logistics turned to InnoVent’s leasing services, a strategy they had successfully used in the past for acquiring products like software licenses, IT equipment, and Zebra handheld scanners.

Leasing offered a flexible financial solution, enabling CPG Logistics to spread the cost of the refit over time, thereby avoiding a large initial expenditure and maintaining a healthy cash flow.

For the warehouse refit, the lease agreement covered a variety of essential items, including storage units, racking, cabinets, Juniper switches and laptop devices. This diverse range of products highlights the versatility of InnoVent’s leasing options, which can accommodate various business needs.

The experience:

One of the key advantages of working with InnoVent was the comprehensive management of the leasing process. The refitting project involved multiple suppliers, each generating separate invoices. InnoVent streamlined this process by gathering and managing all invoices on behalf of CPG Logistics, organising payments and ensuring that all financial aspects were handled efficiently.

Through InnoVent’s tailored leasing solutions, CPG Logistics was able to spread the cost of their investment, preserve cash flow and simplify the management of supplier payments.

“The team at InnoVent always provide a customer centric approach, which means the service we receive is always tailored to our specific needs. This can change solution to solution, and nothing is too much trouble always working towards win win. This level of support extends from initial provisioning throughout the life of the agreement. I wouldn’t hesitate to recommend InnoVent to peers looking for support with asset finance”

If you're planning to refit your office or warehouse and want to manage costs effectively consider the benefits of leasing with InnoVent. Our tailored solutions can help you achieve your goals without the burden of a large upfront investment. Contact us today to discuss how we can support your next project and simplify the process for you.