SUPPLY CHAIN logistics and supply management , as well as supplier expediting . The company also aims to improve its commercial arrangements with its third-party suppliers ; it combines strategic sourcing and procurement in order to achieve this .
“ We also look at risk management and supplier relationship management . All of the areas around supplier collaboration and innovation , as well as ethically engaging our suppliers . Bearing in mind , from a procurement perspective , we ’ re like a start-up company here in procurement at G4S – it ’ s just a very , very big start-up ,” adds Carroll .
Alongside its range of specialist outsourced services , G4S provides cash management and security solutions , as well as services for both the care and justice sectors . Furthermore , the company also deploys the latest technological solutions across its security systems . Annual revenue
£ 6.98 billion
Supply chain management
Carroll gives an insight into the size and complexity of the company ’ s supporting supply chain , saying : “ We ’ ve got about a £ 1.6 billion spend . There are 65,000 suppliers in our supply chain and of that 65,000 , the top 250 make up 50 percent of our supply spend . So we have a very long tail of small spend suppliers and that ’ s necessary because of the type of our business and how spread out we are . The top four percent of suppliers cover 80 percent of our spend .”
www . g4s . com 39