Responsible Business Week 24-28 April, 2017 - The Marketplace
Posted by Heather Clapton | 28/04/2017 | Category: Corporate
The Marketplace Workgroup, chaired by Louise McFadzean, Head of Finance has worked hard over the last 12 months to increase the flexibility our supplier relationship holders have to negotiate with and pay our smaller suppliers. We have prepared and made available to suppliers a document setting out the range of ways that they can choose to be paid to help them find the right option for their business.
Our great record of paying almost 100% of invoices on time combined with the flexible payment options we offer our suppliers means that in February this year we were approved as a signatory to the Prompt Payment Code.
“The Prompt Payment Code (PPC) sets standards for payment practices and best practice and is administered by the Chartered Institute of Credit Management. Compliance with the principles of the Code is monitored and enforced by the Prompt Payment Code Compliance Board. The Code covers prompt payment, as well as wider payment procedures.” www.promptpaymentcode.org.uk
This week we have seen two fantastic projects come to fruition illustrating the great relationship’s we have between the Society, our suppliers and our communities.
Selly Oak Trust School
Yesterday a project which has seen our Trading Development Team, contractors and suppliers working together for our Business in the Community Business Class partner school Selly Oak Trust in Northfield, Birmingham.
Selly Oak is the largest single site SEN secondary school in the UK and our long term partner in our SENse to Aspire programme. SENse to Aspire is our employability scheme designed to support students in SEN programmes, to increase their chances of gaining employment later in in life.
We’ve worked with our suppliers and contractors to provide 12 new cookery workstations which will be used by students working towards independent living and those taking their skills further towards catering qualifications
Vehicle Donations to National Police Convoy
Our Distribution team have donated four older vehicles to the National Police Convoy for use in their ongoing aid programmes. Two HGVs, a hearse and limousine are a demonstration of our trading businesses commitment to the wider community.
One HGV will be loaded with medical goods and go to Syria, where it will be donated to a local charity for the use of chilled food storage. The other will be filled with hospital beds and equipment for distribution in Africa, location to be decided.
The funeral vehicles will be going to Lusaka, Zambia to the United Churches of Zambia.
Our Marketplace initiatives continue to use our skills, experience and resources for the benefit of our customers, suppliers and communities.