Our suppliers support our values
We want our supply chain to both live by and reflect our values, and as such, require all suppliers to sign up to ‘Doing The Right Thing’ – our Code of Conduct. It’s also important to us that we are a responsible payer, and that’s why throughout 2015/16 we have worked hard to improve our payment to terms, part of which has involved bringing more suppliers onto self-bill to ensure a quicker ‘procure to pay’ process. This year we paid 96.4% of our invoices on time.
We are committed to improving the sustainability and resilience of our supply chain, which will form an area of focus going forward. 2016/17 will see further developments and initiatives focusing on collaborative working with our suppliers, to identify and manage both environmental and social elements we could improve in line with our core values and Corporate Responsibility framework.