Best contribution to the reputation of procurement” and Events... · 2017-02-06 ·...
Transcript of Best contribution to the reputation of procurement” and Events... · 2017-02-06 ·...
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Making an impact –“Best contribution to the reputation of procurement”
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Who we are
• National procurement organisation and social enterprise, providing procurement and community regeneration services
• Specialise in property, construction and the built environment
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• Delivered £147 million savings through the procurement process
• Created more than 3,700 jobs
• Generated more than £59 million in community impact
Key statistics
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Aim
• Secure economies of scale through procurement practices
• Address the skills shortage in the construction industry; helping people into employment and improving life chances
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Objectives
• Effectively manage relationships with suppliers and contractors, being EU and UK compliant
• Maintain leverage and greater economies of scale through increased buying power
• Ensure employees remain technical experts
• Tackle worklessness, support apprenticeships, reduce reoffending and improve digital inclusion
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Planning and execution • Enabling social impact remains key
• Member and supplier advisory group
• Members supported to create social outcomes tailored to their procurement projects
• A proportion of a tender evaluation is attributed to social value
£500K of contract value = 1 employment opportunity
• Fusion21 Foundation
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Innovation and creativity
• Ensure members benefit from social value outcomes
• Regeneration and Local Economic Benefit Plan
• Audible outcomes, captured and measured against objectives
• Calculated SROI
• National network of partners across the UK
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Innovation and creativity
Reporting and measuring efficiency gains alongside social impact boosts the value of procurementand further enhances the sector’s reputation
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Committed to best practice
• Won ‘Driving Value for Money’ category in Cabinet Office Social Value Awards 2016
• Cabinet Office Expert Panel
• Members of Social Economy Alliance and Constructing Excellence
• Won the first Housing Corporation Gold Award for ‘Innovation In Procurement’ in 2006
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Organisational benefits • Membership increased by 86% with largest membership base in the South
• 20% average efficiency saving across work streams
• Close supply chain relationships secured £232,520 cost avoidance
• £5,349,243 non cashable value invested back into community projects, as a result of Foundation activity
• Created 619 jobs
• 18 staff members supported to study CIPS Level 4 –£36,000 investment
• Employees supported to attend regular CPD sessions
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Member benefits
• We generated £13,901,647 of SROI for members and secured £13,243,226 in efficiency savings
• Members saved between 10-30% on market prices
• 347 jobs created by members
• Members supported with 144 apprenticeships, delivering £268,665 in social value
• Coordination of social impact programmes and social impact measurement
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Member benefits • Support monitoring contractor performance
• Supply base rigorously assessed on capability, experience and cost models
• Shared risk
• Support with performance indicators to monitor outcomes
• Greater economies of scale
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Why we won!
• Followed a concise and clear structure
• Used tangible statistics
• Highlighted best practice and focused on business growth
• Creatively presented supporting information – use of member testimonials
• Enthusiasm!
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Judges feedback
“This is a high standard entry, well put together clearly demonstrating how Procurement is at the core of all they deliver. Their support of CIPS for their internal procurement will only serve to help them continue to grow and deliver in the future”
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“This entry really showcased how procurement can be a key enabler in delivering long-term positive social impact as well as financial contribution”
“Great tangible results. Excellent to put a measure to ROI on social value”
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“Membership has grown by 86% over the last 12 months - an indication of the organisation’s success, and the benefits to Fusion21, its customers and communities around tangible savings and social value are inarguable”
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Impact of winning
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