WPP Investor Day Presentation Deck
2 EFFICIENCY:
£200 MILLION OPPORTUNITY
REAL ESTATE
CURRENT
ESTABLISHMENT COSTS
c. 6%
OF REVENUE LESS
PASS-THROUGH COSTS
PROCUREMENT
INDIRECT SPEND
c. £2B
MODEL TODAY
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• Campus strategy in place since 2018
●
●
Already a third of people in 20
campuses
MODEL TODAY
Still multi-site even in cities with
campuses, eg London, NYC. Scope for
further consolidation
●
Inconsistent centralisation and pooling
of scale
●
• Many goods and services still separately
negotiated at agency level
Prices can range by +/-25% by brand
for same goods/services
FUTURE MODEL
●
●
●
●
Post COVID opportunity to utilise space
more intensively within existing and
future campuses
●
Increase levels of shared/flexible space
within campuses
Reduce space requirements by 15-20%
FUTURE MODEL
Target of 85k people in 65 cities on
campus by 2025
Optimised and diverse supplier network
Simplification of processes -mindful
contracting
Full adoption of analytic tool during 2021
WPP
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