...e-Business Transformation Awards: Best Overall Project Kelly's and CIPS Awards for Excellence in Purchasing and Supply: Best International Global Purchasing Function and Best use of eProcurement...
LONDON, 17 December, 2002: Cable & Wireless eProcurement venture which it expects will save the company more than 125 million over the next five years, has led to the global telecommunications groups success as winners of the Best Overall Project at this years e-Business Transformation Awards (eBTAs). The eBTAs were created to recognise those organisations which are genuinely improving business performance by developing and implementing e-business initiatives.
By leveraging its own global IP network to link all corners of the organisation, Cable & Wireless objective over a two year period was to transform its Procurement department and supporting processes into a global strategic function through e-enablement. The project, which spanned 14 countries, six languages and involved 3500 end users, is predicted to save Cable & Wireless 125 million over the next five years. Completed in April 2002, the project has already resulted in substantial cost savings and has prompted a significant cultural change from a local focus to global co-ordination. The eBTA judging panel felt that such a large scale project required rigorous management in order to achieve successful completion.
The achievement comes hot on the heels of the Cable & Wireless Global Procurement & Logistics Departments success at the prestigious Kellys Chartered Institute of Purchasing and Supply Awards event earlier in November. The Kelly Awards are designed to recognise the skills required within Purchasing and the huge contribution it can make to a successful organisation, with winners selected based on the importance, clarity and benefit arising from the activities undertaken. Cable & Wireless beat strong competition in the form of ASDA/WALMART, American Express and Lucent Technologies to secure both the Best International Global Purchasing and Best use of eProcurement awards.
Since project completion, the methodology used by Cable & Wireless has also been endorsed by the industry best practice body, BuyIT, as a benchmark for other eProcurement projects, further demonstrating Cable & Wireless innovative approach to implementing large-scale global applications which deliver real business benefits to the industry.
Ninian Wilson, SVP Global Procurement & Logistics at Cable & Wireless was, delighted with the awards stating the e-enablement programme has transformed the department from a low-value-add back office function into an engaged and strategically focused team, that is making a significant contribution to the business at all levels.
About the e-Business Transformation Awards awards
The eBTAs, now moving into their fourth year, were established to recognise those organisations which are genuinely improving business performance by developing and implementing e-business initiatives. The eBTAs are open to individuals and organisations of all sizes in the public and private sectors, within national or global markets, wishing to raise the profile of technology from a business angle and to encourage others by their achievements. The winners of this years eBTA awards - run by Charteris in conjunction with the Institute of Directors and Microsoft - were announced on Wednesday 27 November 2002.
About the Kelly's and CIPS Awards
The Kelly's and CIPS Awards for Excellence in Purchasing and Supply, now in its fourth year, is the only event to recognise the benefits and contribution of professional purchasing in central and local government, health, education, manufacturing and a number of other key industry and service sectors. Created by Kelly's Business Directories and the Chartered Institute of Purchasing & Supply (CIPS) in association with Supply Management magazine, the awards recognise best practice in the purchasing and procurement profession across both public and private industry. The winners of this years awards were announced on Friday 1 November 2002.
About Cable & Wireless
Cable & Wireless is a major global telecommunications business with revenue of over 5.9 billion (US$8.6 billion) in the year to 31 March 2002 and customers in 80 countries. It consists of two core and complementary divisions: Cable & Wireless Regional and Cable & Wireless Global. Cable & Wireless Regional offers a full range of telecommunications services in 33 countries around the world, with major businesses in the Caribbean, Panama, the Middle East and Macau. Cable & Wireless Global provides IP (internet protocol), voice and data services and managed solutions for business customers. It has developed advanced IP networks and value-added services in the US, Europe and the Asia-Pacific region in support of this strategy. Building on its strong national businesses in the UK and Japan, Cable & Wireless Global will focus on serving primarily multinational companies (both enterprises and service providers) in the US, UK, continental Europe and Japan/Asia. For more information about Cable & Wireless, go to http://www.cw.com
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Cable & Wireless
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