May 17, 2020

Weetabix Food Company joins elite group with Standard Corporate Certification from CIPS

Weetabix Food Group
Weetabix procurement
Weetabix supply chain
Supply Chain
James Henderson
2 min
Weetabix Food Group has been awarded with the Standard Corporate Certification from CIPS
Weetabix Food Company has joined an elite group of companies after being awarded Standard Corporate Certification from CIPS (The Chartered Institute of...

Weetabix Food Company has joined an elite group of companies after being awarded Standard Corporate Certification from CIPS (The Chartered Institute of Procurement & Supply), following an in-depth assessment that measured its procurement function against “world-class standards”.

Weetabix is one of only 280 companies worldwide to have achieved the prestigious certification.

The robust and rigorous procurement processes are now allowing the organisation to strengthen its relationships with suppliers and drive further improvements throughout the business.

The processes have helped to deliver added value to both Weetabix and its suppliers through continuous improvement initiatives across the whole supply chain.

These improvements have also allowed Weetabix to continue to meet the needs and adapt to the demands of customers and consumers in a changing breakfast market.

Anthony Bowdidge, Head of Procurement: “When we decided to embark on the certification process last year, we’d already step changed the way we worked internally and made some fantastic progress.

“But we knew from internal feedback there were some further improvements we could make, and CIPS offered a framework to take us to the next level. It provided the structure we needed, particularly around processes and continued people development.

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“We aligned our programme to the five dimensions of the CIPS assessment: Leadership & organisation, Strategy, People, Processes & Systems and Performance Management. Each dimension was assigned a sub-team within procurement, which meant it was a real team effort from the beginning as every member of the function was involved throughout the entire journey.

Alan Martin, Head of CIPS Certification, said: “Weetabix has been on a journey of continuous improvement over the past few years and we’ve witnessed throughout the assessment process a team that has built up it processes, using the CIPS framework to achieve what is now an array of procurement best practices.

“The value the business places on procurement and strong relationships the team has with the Executive Leaders of the organisation has ensured excellent compliance, and in terms of content, style and clarity the Weetabix CIPS submission was exceptional. We’re delighted to award Weetabix with CIPS Corporate Certification.”

There are 14 members of the Weetabix procurement team that oversee over 800 suppliers and the export of Weetabix products from its UK sites to over 80 countries worldwide.

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Jun 16, 2021

EU and US agree end to Airbus-Boeing supply chain tariffs

supplychain
Boeing
Airbus
tariffs
3 min
Supply chains embroiled in Airbus-Boeing dispute will no longer be impacted by $11.5bn tariffs imposed on food and beverage, aircraft and tobacco

The EU and US have agreed to resolve a 17-year dispute over aircraft subsidies, suspending tariffs on billions of dollars' worth of goods that have plagued procurement leaders on both sides of the Atlantic. 

Under an agreement reached by European Commission Executive Vice-President Valdis Dombrovskis and US Trade Representative Katherine Tai on Tuesday, the tariffs will be halted for a period of at least five years. 

It will bring an end to punitive and disruptive levies on supply chains that have little to do with the argument, which became embroiled in the trade battle. Businesses on both sides of the dispute have been hit with more than $3.3bn in duties since they were first imposed by the US in October 2019, according the EC. 

The US imposed charges on goods upto $7.5bn in response to a World Trade Organisation ruling that judged the EU’s support of Airbus, its biggest aircraft manufacturer, unlawful. A year later in November 2020, the EU hit back. The WTO found the US had violated trade rules in its favourable treatment of Boeing, and was hit with EU duties worth $4bn. 

In all the tariffs affected $11.5bn worth of goods, including French cheese, Scotch whisky, aircraft and machinery in Europe, and sugarcane products, handbags and tobacco in America. Procurement leaders on both sides of the fence were forced to wrestle with tariffs of 15% on aircraft and components, and 25% on non-aircraft related products. 

Boeing-Airbus dispute by the numbers  

  • The dispute began in 2004
  • Tariffs suspended for 5 years 
  • $11.5bn worth of goods affected by tariffs
  • $3.3bn in duties paid by businesses to date 
  • 15% levy on aircraft and 25% on non-aircraft goods suspended

Both sides welcome end to tariffs 

European Commission President Ursula von der Leyen branded the truce a “major step” in ending what is the longest running dispute in WTO history. It began in 2004.

“I am happy to see that after intensive work between the European Commission and the US administration, our transatlantic partnership is on its way to reaching cruising speed. This shows the new spirit of cooperation between the EU and the US and that we can solve the other issues to our mutual benefit,” she added.

Both aircraft manufacturers have welcomed the news. Airbus said in a statement that it will hopefully bring to an end the “lose-lose tariffs” that are affecting industries already facing “many challenges”. Boeing added that it will “fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected”. 

The US aerospace firm added: "The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action."

This week’s decision expands upon a short-term tariff truce announced in March this year. The EC says it will work closely with the US to try and further resolve the dispute, establishing a Working Group on Large Civil Aircraft led by each side’s trade minister.

Airbus last month signalled to suppliers that post-pandemic recovery was on the horizon, telling them to scale up to meet a return to pre-COVID manufacturing levels. “The aviation sector is beginning to recover from the COVID-19 crisis,” said Airbus chief executive Guillaume Faury, adding that suppliers should prepare for a period of intensive production “when market conditions call for it.”

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