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Award for world-class procurement services

UK Power Networks has joined an elite group of a dozen companies worldwide recognised for the way it obtains and buys goods and services.

From Press releases - 19 December 2017 12:00 AM

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The company, which owns and operates the electricity networks in London, the South East and East of England, has gained a platinum Chartered Institute of Procurement and Supply (CIPS) Corporate Certification Award.

Platinum, the highest level of award, lasts three years and is awarded to organisations that put procurement at the heart of their strategy. Only 11 other companies have this award across the world.

CIPS Group Director Duncan Brock, said:  “Achieving platinum level in CIPS Corporate Certification is a major achievement for an organisation and the team should be extremely proud. Particularly impressive has been the level of support the process has received from senior leadership at UK Power Networks.”

Nigel Coatsworth, Head of Procurement Compliance at UK Power Networks, said: “We are delighted to achieve this award which recognises how our team is delivering a world-class procurement service.

“This award is the culmination of a two-year process of continuous improvement and to have reached such an exceptional level is a credit to our team, aligned to our business vision and values. We intend to continue to build on this success.

“It is our department’s role to ensure that we achieve the best value for money for customers, that our suppliers have the necessary credentials to work safely on our network and that we manage the performance of our contracts, to achieve the best from them.”

UK Power Networks’ procurement department has 35 staff who manage around 1,000 contracts, covering everything from facilities to investments in the electricity network.

The company strives to run efficiently and is a top performer, while being the lowest cost network operator in the UK.