PROCUREMENT STRATEGY
“ This is a two-year programme and we ’ ve had brilliant feedback from colleagues who are working through their certification ”
ANDY GRIFFITHS HEAD OF SUSTAINABLE PROCUREMENT DIAGEO
A Deloitte team from Risk Analytics , Financial Advisory and Consulting spent the two years working with Diageo on its commercial and supply chain programme , Project Ice Cap , a commercial and supply chain programme aimed at smoothing out sales fluctuations and reducing costs .
Over two years , they assessed Diageo ’ s supply chain in key markets , modelling scenarios to optimise commercial decisions and improve efficiency . The project led to increased revenue growth , improved supply chain performance , and reduced working capital .
The model allowed Diageo to run ‘ what if ’ scenarios to determine the impact of its commercial decisions – as well as changes in demand and production – across the entire value chain .
It has also identified significant opportunities to increase revenue growth , improve the supply chain and reduce Diageo ’ s working capital . We ’ re now helping with an implementation process that will also benefit Diageo ’ s customers .
The foundation for the work was a project that garnered the prestigious ‘ Supply Chain Strategy and Design ’ award at Logistics & Supply Chain ’ s European Supply Chain Excellence Awards .
This honour recognised Diageo ’ s achievements in transforming its supply chain , as well as its new approach to considering the entire value chain , rather than looking at everything in silos , allowing better decisions to be made for the business as a whole .
Sustainability training and progression “ Partnerships are vital as we all work to reach our sustainability goals . We need to partner with the experts in the field to fill our knowledge gaps , and it ’ s by sharing this knowledge and learnings across the company that we ’ ll all be able to make real progress on addressing our sustainability . For us , one of those partners is IEMA .” procurementmag . com 73