The National Highways Gold Standard is a collaborative assessment initiative which focusses on the continuous development of maturity levels within its supply chain and their strategic alignment to National Highways.
The assessment process is evidence based where supply chain partners are evaluated across 10 assessment areas comprised of 28 sub-criteria including category management, procurement approaches and strategies, value creation and delivery (including sustainability, social value, innovation) and commercial management.
Suppliers must provide and present evidence on how they deliver best practice in a live environment across all criteria in order achieve Gold status.
Gavin Pritchard, Octavius Infrastructure Managing Director Highways said “We have been on a collaborative 3-year journey of continual improvement to attain top marks in the Gold Standard Assessment and receive this award.
The 100% achievement across the 28 sub-criteria is recognition of the fantastic commitment of our people across the business, to operate with the rigor and industry leading procurement activity that National Highways rightly demand, and we are incredibly proud to be part of a select few within the sector that exhibit that procurement excellence.
We have felt the positive impact on the business over the 3 years and the consequences of engaging in Gold Standard has proven hugely beneficial, providing further catalyst for improvement of our internal systems, procedures, policies and governance as well as developing our people and the maturity of our supply chain.
Importantly, the innovation and collaboration borne out of the criteria requirements is something we have harnessed beyond the confines of National Highways projects for consistency and quality in our wider portfolio of national and local contracts and frameworks, so there is really a ripple effect within the wider industry because of the improvements that Gold Standard helps drive”.
