COVID-19/Coronavirus

CIPS Australasia Conference and Supply Management Awards - Update: 27 May 2020

New dates announced - CIPS Australasia Conference, 2-3 August 2021.

We’re pleased to announce that CIPS Australasia Conference, which was previously postponed, has been moved to 2-3 August 2021. Thank you for your continued support. Keep checking back on the website for the latest event developments.

If you have any questions, please contact us. You can review Haymarket Media Group's Coronavirus Policy and booking term revisions for all CIPS events.

Overall Winner and Large Procurement Team of the Year – TRANSGRID

WINNER: OVERALL WINNER AND LARGE PROCUREMENT TEAM OF THE YEAR

TransGrid

Energy provider TransGrid keeps more than three million Australian homes and businesses connected to electricity 24/7. Since privatisation in 2015, the firm has been on a journey of change, while adapting to significant growth and a need for large infrastructure investments in the electricity network.

Having started with a transactional team of limited reach and presence – a ‘guardian of spend’ – the leadership team co-developed a transformation roadmap to reinvent the procurement operating model. Under TransGrid’s vision of ‘one team delivering demonstrable value’, which became a partner function directly supporting each business unit. Procurement is now an extended arm of the major projects division, securing best value across a portfolio worth more than $6bn.

The team has delivered organisational benefits including a 43% reduction of the PR/PO cycle time, with end-to-end RFx lead times cut by 25%, resulting in higher throughput and increased satisfaction. Furthermore, it has achieved a 50% year-on-year increase in training investment and introduced role-based rotations to continuously increase and diversify capabilities.
At the bottom line, the procurement function has exceeded targets, generating $4.5m savings in 2018 and $6.1m in 2019, and has directly contributed to business growth, thanks to supplier collaboration, performance and price competitiveness.

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