Procurement is the process of acquiring goods, works and services, covering both acquisitions from third parties and from in-house providers.
 
Procurement includes the negotiation of corporate contracts from the supply of routine goods and services through to the more complex partnership arrangements such as private/public partnerships, joint commissioning with another public sector organisation and construction projects.
 
The procurement process spans the whole cycle from identification of needs, through to the end of the service contract or the end of the useful life of an asset. In the context of a procurement process, obtaining 'best value for money' means choosing the bid that offers 'the optimum combination of whole life costs and benefits to meet the customer's requirement'.

Why have a Procurement Team?

Having a dedicated procurement team allows CityWest Homes to ensure on-going, sustainable, best value delivery across the business from purchasing stationary to letting multi-million pound construction projects.  

The main objectives of the CityWest Homes procurement team are to ensure best value at across the life cycle of the project by:

  • Collaborative working
  • Building effective relationships
  • Working with second/third tier suppliers and manufacturers
  • Effective competition
  • Market analysis
  • Continually benchmarking
  • Delivery and reporting of savings

The CityWest Homes Procurement Strategy

Value for Money and CityWest Homes

This means doing better for less. Involving residents in large funding decisions about their homes and neighbourhoods means they have a say in what gets done and what gets prioritised.
 
This goes hand-in-hand with the wider CityWest Homes strategy of creating a WIN-WIN situation for our residents by building Great Homesfor our residents thus developing Great Communities.
 
Better procurement will also achieve great value for money for our residents, subsequently giving our residents  Great customer satisfaction, whereby they are fully satisfied with the services that our valued providers and contractors deliver through CityWest Homes.
 
The CityWest procurement team has a key role to play in implementing a Win-Win situation for our residents by focusing on value for money.
 
CityWest Homes maximises value by employing professional, innovative and modern procurement and supply chain techniques:

  • Reduce Total Cost

Working with major works contractors and manufacturers to drive out cost from the supply chain and achieve the lowest total cost.
Using Key Performance Indicators (KPI's) to measure performance throughout the contract, thus ensuring excellence against national performance standards.

  • Alternative Procurement Methods

Working with third party procurement organisations to maximise purchasing power and achieve best value.

  • Relationship Management Program

Working with internal and external supply chain focus groups to gain a better understanding of forward requirements and to focus on fit for purpose specifications.
Developing positive relationships with our suppliers and contractors to deliver savings and increase value and benefit.

  • Sustainable Capability Development

Development of 'in house' professional purchasing and supply chain expertise.