Sydney, NSW (PRWEB) August 2, 2008
Visy was included in the popular series of 'Australia's Best' focussing on supplier relationships and the recent Visy supplier information session.
The inaugural VISY Supplier Information Session was held on Wednesday March 26th, in a marquee outside Visy's Technology & Innovation Centre at Coolaroo. Over 140 guests attended the session, including representatives from Visy's Top 100 suppliers, members of Visy's executive team and key procurement contacts throughout the business.
The theme of the day was "1+1=3". The message behind this slogan was that Visy can achieve more by working with their suppliers, or their own colleagues in other departments than they can alone. Some of the dynamic guest speakers on the day included Richard Pratt, John Murphy, Doug Lukin, Alice Crowley and Ian Young who spoke about the supply chain vision, future company direction and the new procurement model and processes Visy will adopt to encourage continuous improvement around the business.
The Visy Procurement team will now embark on formal supplier management programs which will be implemented to drive continuous improvement, increase performance and to encourage innovation and value from suppliers.
The supplier information session was the first time that Visy have gathered key suppliers together and shared Visy's future directions. Other important issues that were presented on the day were what consumers want from VISY and their suppliers - which is namely convenience, premium, value products that are good for the environment and good for them.
One of the crucial elements addressed on the day was that VISY's supplier partners, along with their customers are key to their sustainability as a business. Another topic discussed was that as Visy's customers continuously demand more from Visy, they in turn demand more from their suppliers.
Qualities that the corporation values in its suppliers are sustainability, commitment to the environment and communities as well as a healthy respect for their employees and a quality product. Innovation, new products and services, a sense of global competitiveness, efficient supply chain agility, and a focus on total cost, not just price are also important ingredients when selecting who they want to do business with. Demanding cost reduction supplier programs, a rigorous, fast paced approach to RFQ’s /RFP’s, a commitment to agreed behaviours and compliance, a united broader procurement team and buying teams represented by centre and business units are also factors in which suppliers Visy selects to invest in.
It is no secret that Visy has high standards when it comes to their suppliers, but they also offer them a lot in return. The chance to grow with the company and take the costs out from their supply chain is some of the advantages of working with Visy. They also present the opportunity for long term relationships, allowing suppliers to invest their business with the company and benefit from integrated logistics and technological innovation. Visy also aims to procure the best and lowest total cost solutions by collaborating with sustainable, innovative suppliers and by using technology for user friendly and transparent sourcing and purchasing processes. When working with Visy it is assured that suppliers can expect nothing less than a coordinated approach.
All in all the Supplier Information Session was a success, with Visy receiving positive feedback
from their suppliers whom attended 1 + 1 = 3, as well as from Visy internal staff. The session concluded with tours of the Visy Technology and Innovation Centre, Automation displays and the new Visy Expo. Two lucky suppliers even walked away winning the lucky door prize. One received an accommodation package from Crown Promenade and another won a meal for two at the City Grill. The Crown Promenade and the City Grill were proud sponsors of Visy's Supplier Information Session.
As the world's largest privately owned recycling and packaging company, Visy's long term global strategy is to provide their customers with the world's best packaging and recycling solutions.
Visy are the first to admit that their business could not have achieved the remarkable results it has to date without the stewardship, commitment and talent displayed by their people. Visy recognise the importance of identifying, training and developing the company's best people to take their business to new heights.
Visy is committed to long-term partnerships with its key customers and suppliers. Just as their people remain vital to their business, working closely with Visy's customers and suppliers to achieve common goals is essential to their ongoing success. Visy is an evolving business. Founded as a box-maker; then expanding into paper recycling and primary packaging, the corporation continues to move deeper and http://beanmedia.com.au/ads/Blackwoods.pdf broader into its two key areas of focus: packaging and recycling - wherever possible, combining these elements to create a perpetuating cycle to offer strong environmental and economic benefits.