Theme
Be a better buyer
Objective: What has
Accord committed to?
Implementation:
What has been delivered?
Strategic decisions on insourcing
and outsourcing – ensure that the
most value is driven from investment
decisions.
n The Group continues to review “make versus buy”
opportunities through its strategic approach to
procurement with an appropriate balance of insourcing
and outsourcing to manage procurement risk
n Accord’s insourcing of construction programme
management services has so far delivered five
developments saving c£2.2m (9.7%) against forecast costs
n Efficiencies totalling almost £600,000 have been
identified during the year through new and renegotiated
procurement opportunities
n Further embedding and consistent application of the Group’s
procurement processes through increased alignment of front
line housing and asset management functions
n Active contract management ensures value is achieved
in outsourced service contracts. For example, ensuring
suppliers’ apprenticeship and local supply chain
commitments are being delivered as agreed.
n The 2016 corporate realignment of the Group’s in-house
maintenance services ensures increased procurement
efficiency through more consistent routes to market and
increased overall buying power.
Value driven contract management
– drive best value from contracts
awarded over the entire life of the
contract.
Deliver a strategic procurement
approach to buying to drive VFM
through the further embedding of
formal procurement processes.
Financial Statements 2016
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