The Lucas Group Partnership
The Value added Solution: Strategic Partnership with top Investment and Consultation Firm The Lucas Group
What distinguishes Yancy Minerals LLC from its competitors is not only its 30 plus untarnished years of successfully serving clients, but the philosophy of the company to grow and develop in ways that not only gives Yancy Minerals LLC a true competitive advantage but also provides you, our customer, with the kind of added value that represents the highest degree of service for the best possible business outcomes. Yancy Mineral’s LLC recent Partnership with The Lucas Group (TLG) has enhanced our capabilities even further. TLG provides strategic advice, research and analytic support, and financial support to Yancy Minerals LLC and our clients. TLG also has a minority ownership interest in Yancy Minerals LLC.
The Lucas Group is a Boston-based strategic consulting and investment firm consisting of former partners from leading consulting organizations. TLG has more than 20 years experience working with private equity investors, corporate executives and their teams, and public sector agencies to help them gain a profound understanding of business issues, execute fact-based decisions with precision, and drive superior business results.
Helping Buyers get the Most out of the Bid Process
In line with their philosophies and objectives, Yancy Minerals LLC partnered with The Lucas Group in early 2008. The first order of business was to develop a fast, efficient and cost effective way to demonstrate to buyers their current and best buying options based on up-to-date historical data. The resulting custom booklet allows buyers to make fact-based decisions in less time while reducing costs associated with the expensive bid process. Information is provided about Suppliers, including those with whom the buyer has worked in the past and those who have expressed an interest in and are capable of fulfilling the orders. Suppliers benefit from the relationship Yancy Minerals LLC establishes with each buyer and the precision of its operational model, which appropriately matches the capabilities of the supplier to the needs of the buyer.
The Lucas Group and Yancy Minerals LLC have formalized an operational model that reviews historical shipments in order to provide buyers with a contextual framework with which fulfillment can be planned. The custom booklet provides buyers with valuable information to help expedite the buying process and to ensure a more granular conversation about the buyer’s specific needs. Yancy Minerals LLC uses the information to deliver competitively priced product on time to the specified location using a delivery method appropriate to the buyer’s capabilities.
Consultative Expertise for Better Business Results
The Lucas Group and Yancy Minerals LLC are able to provide clients with detailed reports in a number of relevant business areas that allow them to make informed decisions in order to achieve better business results. Plant Managers, for example, are sometimes faced with the challenge of evaluating a change in operations. Requiring specific information when determining the feasibility of a particular change, The Lucas Group and Yancy Minerals help the Plant Manager by preparing a detailed Position Paper that outlines such criteria as:
- Cost
- Delivery (i.e.: rail company, for example)
- Possibility
- Feasibility
The Position Paper allows the Plant Manager to base his decision on verifiable facts, setting the stage for better results. Position Papers prepared by TLG provide the required research and analytic support upon which fact-based strategic advice can be given.
Capital Funding
Capital Funding provided by The Lucas Group allows Yancy Minerals to work with customers with specialized projects from the initial stages. A company interested in converting coal to natural gas, for example, may select Yancy Minerals to be the supplier of record at the staging facility. Offering consultative and financial capabilities, Yancy Minerals is a strong supplier choice, thereby creating the opportunity for an ongoing business relationship after the test period is concluded.
Call: (203) 389-0204 to discuss your business needs.
Yancy Minerals LLC – Minority Owned, Leading with Integrity
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