kykloud is a revolution in the delivery of FM and operational cost savings for the retail sector

How can life cycle costing benefit the Retail Sector?

With the UK’s annual retail refurbishment budget standing at £3.2 billion, property costs remain one of the industry’s largest overheads and cost savings across property portfolios is of premium importance in the current economic climate.  

Retailers often cite lack of real time visibility across portfolios as one of the mains reasons for getting lack of value out of estates and contractors. Retailers are used to accessing real time reports regarding products or sales and kykloud understand the frustrations of having no up to date visibility of an entire estates maintenance programmes which make whole life costing a guessing game.  

kykloud addresses the issues facing the retail sector and allows users to collate data and receive real-time reports on the condition of an entire portfolio through a range of criteria including specification, value, condition and budgets 5, 10, 15 or even 30 years in the future.  kykloud software supports whole lifecycle cost planning to offer a snapshot of the long-term value and condition of retail estates, improve cash flow and maintenance plans and facilitate financial planning during difficult trading periods.  

What solutions does kykloud offer?

Visibility – kykloud offers greater visibility to owners, investors and shareholders of retail estates by facilitating real-time reporting on estate value, maintenance plans and repair programmes

Efficiency – kykloud reduces the amount of time spent inputting and analysing survey data across estates with up-to-date models and associated in-field surveying apps for mobile devices

Risk Management – kykloud features easy-access real time reporting of the value and condition of built assets to ensure risk can be communicated and plans put in place to deal with changing economic conditions or changes to the estate portfolio

Asset protection – kykloud monitors the value of your retail estate to keep abreast of how built assets may degrade in value in line with repair and maintenance plans

Financial Planning – repair and maintenance plans are available 5, 10 and 30 or longer through kykloud, stabilising cash flow and supporting a long-term procurement programme to allow third party suppliers to harness the purchasing power of a large retailer

Carbon management - alongside cost, kykloud can be used to model Carbon impacts over time to aid CRC obligations and other carbon reduction strategies.