Fusion21 Wins Industry Recognised CIPS Supply Management Award
National social enterprise and procurement organisation Fusion21 has won the ‘Best Contribution to the Reputation of Procurement’ category in the prestigious Chartered Institute of Procurement (CIPS) Supply Management Awards 2016.
The awards which are respected as a benchmark for excellence, and honour UK organisations and individuals working within the procurement and supply chain industry – were announced at a ceremony held at the Grosvenor House Hotel in London.
Shortlised alongside financial services firm Standard Life, Fusion21 was selected for showcasing how procurement can be a key enabler in delivering long-term positive social impact as well as financial contribution.
Fusion21 has a sustainable business model which complies with the Public Services (Social Value) Act 2012 and enables social value through the procurement process – supporting the growth, stabilisation and development of communities.
Through a collaborative approach with its membership, Fusion21 has delivered c£125 million savings through the procurement process, created more than 2,500 jobs and generated around £56 million in community impact across the country.
Dave Neilson, Chief Executive at Fusion21, said: “Winning this award and gaining recognition amongst some of the biggest brands working within the public and private sectors is a huge achievement for Fusion21.
“As a national social enterprise we support public sector organisations to deliver significant efficiencies – saving members as much as 30% on market prices - and create social value within local communities.
“Our approach to procurement leads to a variety of positive social outcomes – from job creation and tackling unemployment, to reducing reoffending and supporting wider community regeneration.”
Fusion21 works with more than 200 members, including registered providers, local authorities, education providers and the NHS.
Earlier this year, the social enterprise won the ‘Driving Value for Money’ category in the first Cabinet Office Social Value Awards.
A list of all 2016 CIPS Supply Management Award winners and categories can be found here: http://www.cips.org/supply-management/news/2016/september/primark--jaguar-landrover-and-dvla-feature-in-cips-award-winners-of-2016-/