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Section head
Supply Chain Award
Transport for London (TfL) - Supplier Diversity Programme
TfL has implemented a large scale supplier diversity programme across all categories of its expenditure. The programme has addressed not only how to engage diverse suppliers in direct contracts, but also how to introduce more diversity into the supply chain at different tiers.
Key achievements include:
- Embedding supplier diversity into the way TfL do procurement through an innovative combination of internal stakeholder engagement, tools and guidance.
- Opening up nearly 150 contracts through early adoption and use of the innovative CompeteFor supply chain diversity tool across the business.
- Supporting small and diverse suppliers through improved cashflow by adopting a 10 day payment policy for their invoices.
- Changing buyer behaviour in a number of major suppliers from the construction, engineering and consultancy sectors to be more conducive to supplier diversity.
