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Our approach
Our approach to procurement aims to deliver value for money for customers through forming productive relationships with suppliers, which are grounded in shared values and ethical practices.
What is our approach?
We strategically group our spend and allocate it to dedicated team members to manage. This structured approach allows us to streamline our processes and maximise efficiency.
We are committed to continuous improvement and innovation, and welcome collaboration with suppliers who offer fresh ideas and creative approaches.
All individuals involved in the procurement process follow our policies and processes to ensure that our services are ethical, high quality, sustainable and free from conflict of interest.
These policies and processes help us uphold standards and contribute to building trust with our customers. They also help us maintain transparency, integrity and accountability, and ultimately allow us to deliver services that meet and exceed customer expectations.
A focus on sustainability
We aim to work with suppliers that are environmentally responsible and achieve the lowest environmental impact possible.
Learn more about what we expect from our suppliers and what we are doing to achieve net-zero carbon emissions.
Our commitment to responsible sourcing
We are committed to conducting our operations and procurement activities responsibly.
Our approach to sourcing aims to reduce risk, enhance resilience, comply with regulations, and deliver greater value to our customers.
Understanding and managing risks
When procuring goods and services, it’s important that we understand and manage risks. We carry out a risk assessment and maintain a database to achieve this.
We use these assessments to determine high-risk categories, which sometimes result in us:
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asking more detailed questions
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mapping the supply chain
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performing supplier audits.
Creating a diverse supply chain
Our supply chain processes are transparent and straightforward, and encourage diversity and inclusion. To create a diverse supply chain, we prevent needless barriers.
This means:
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using Jaggaer, a free, public access onboarding programme to extend potential reach
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simplifying the onboarding process to support smaller suppliers
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minimising the burden of supplier requirements wherever possible
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attending supplier events to broaden our reach.
Due to legal restrictions, we cannot guarantee work to certain groups.
Buying for the future
Our future investment signals a new era of growth and transformation for YTL UK. There will be major improvements and advancements in the coming years.
This transformative leap will be achieved through a collaborative approach with our suppliers and supply chain partners, emphasising early engagement with the market.
By forecasting and forming strategic partnerships with our supply base, we aim to harness best practices and drive innovation at every stage of our operations.
This proactive and inclusive strategy underpins the importance of working hand in hand with our partners to ensure successful and sustainable outcomes.
By fostering open communication, sharing knowledge, and leveraging the expertise of our supply chain, we are committed to enhancing operational efficiency, driving continuous improvement, and delivering on our ambitious goals for the future.
