INTEGRATED SUPPLY CHAIN OF THE YEAR

摘要

The One Construction Alliance has simplified Lloyds Banking Group's (LBG) supply chain from almost 150 suppliers in 200V to six strategic partners in 2012. According to the alliance, the move has led to a 5% reduction in capital costs and a 15% reduction in consultancy fees. In addition, LBG says that it has been able significantly to reduce its internal operational costs by securing the best teams from its alliance partners. Figures from alliance partner EC Harris indicate that LBG is now delivering its retail developments at 15% lower cost than the industry average. The alliance says it plans to cut 3% more from capital costs over the course of the next three years.