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Power company goes platinum for how it buys goods and services

The UK’s biggest electricity distributor has gained top marks for the world-class way it sources and buys goods and services.

From News & press - 23 June 2021 12:00 AM

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UK Power Networks demonstrated exceptional procurement delivery, to confirm its position within an elite worldwide group who have gained the Chartered Institute of Procurement & Supply (CIPS) Corporate Certification advanced ‘Platinum’ award.

It is one of only four organisations worldwide who have ever been awarded full marks across all areas of the assessment. 

As the distributor of electricity to 8.2 million homes and businesses across London, the South East and East of England, UK Power Networks is a key enabler of the UK’s transition to a low carbon economy.

It continues to deliver greater value and continuously improve its supply chain while keeping costs low for customers. Specialist teams buy in a wide range of goods including electrical cables, substation kit and fleet vehicles, along with services ranging from roadworks contracts to telephony and IT support.

Alan Martin, head of procurement excellence at CIPS said: “An excellent submission – joining one of a select group that scored ‘platinum’ for every element of the CIPS Advanced Standard.

“UK Power Networks used the CIPS process as an external benchmarking exercise for their organisation and thus got great value from it, enabling them to continuously improve in providing a world class service.”

Nirmal Kotecha, director of capital programme and procurement at UK Power Networks, said: “We put a lot of consideration into the way we buy our goods and services, constantly honing our supply chain to make improvements and ensure it is leaner and greener to the benefit of our customers.

“Achieving this Platinum award from the Chartered Institute of Procurement and Supply is welcome recognition we are doing things the right way – and well deserved recognition for the huge contribution our team has made during the many challenges of the pandemic, to add value to our supply chain activities.”