BAE Systems: achieves CIPS procurement excellence
BAE Systems Australia achieves CIPS platinum award for procurement excellence.
For the first time, an Australian defence company has been recognised by the Chartered Institute of Procurement and Supply (CIPS), for procurement excellence. BAE Systems Australia has been awarded a platinum award, following an in depth assessment that measured the organisations effectiveness in procurement and supply chain management against CIPS standards.
“I am delighted to receive this award which is a first in the Australian defence industry,” says Gabby Costigan, BAE Systems Australia CEO, “It recognises the company’s focus on continuously improving our procurement standards to achieve globally recognised benchmarks that improve our competitiveness. It also acknowledges our commitment to developing and maintaining enduring relationships with our Australian supply chain and how we partner with them on some of the biggest and most complex defence and security projects undertaken.”
During its assessment, BAE Systems demonstrated procurement senior management interactions in the business as a core feature. Procurement was also a core feature within the team and helped to assist in the adoption of new commercial aspects of the business and its increasing protocols.
BAE began the platinum procurement excellence assessment in 2016, after successfully achieving the standard award.
“I’m delighted that such a prestigious organisation such as BAE Systems are developing their procurement teams to such high-levels of competence and working together with other areas of their business. This is a particularly rigorous programme, looking at people, processes and policies and to continually achieve such high standards deserves recognition and congratulations,” added Sharon Morris, General Manager of CIPS Australasia.
Did you know? Other organisations that have achieved a CIPS procurement excellence award include: Dubai’s Road and Transport Authority and The African Development Bank. CIPS has also partnered with the UK government and Italy to provide procurement and supply chain training within the regions.
Image source: CIPS
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