New contract management process saves National Grid £100m

IACCM Contract & Commercial Management Benchmarks
5th February 2016
Contract Management Solutions
Transforming contract management
22nd July 2016
Show all

New contract management process saves National Grid £100m

Supplier Management Software

The National Grid identified contract management as an area with the potential to transform performance, service and people development.

It set up an internally managed change programme, Contract Management Excellence (CME), linking the new way of working and the company’s wider aims.

The CME framework focused on six areas: strategy, process, organisation, people, technology, data and information. Using this framework, National Grid was able to assess the contract management maturity of each function. In total, 500 people have since received training.

Donna Hicks, procurement and contracts manager at National Grid, revealed the new figure at a conference. Last autumn, savings for the project were at £83m.

Comments are closed.

Try before you buy
Try Before You Buy Watch our video and find out more... Or Click here to get in touch to arrange your Free Trial