SUPPLY CHAIN THE CUSHMAN & WAKEFIELD ADVANTAGE :
• Consistent delivery across multi-market client portfolios
• Timely delivery of value conclusions
• Compliance with financial regulatory requirements
• Valuations based on access to constantly updated market data
and compliance via Rapid Global , an Adelaide-based partner , is in place . Compliance monitoring had been a big issue , with some vendors , particularity those used less frequently , not keeping the necessary registrations and licences up to date . “ We are looking at new tools to take up the next evolution of Rapid Global and have reinvigorated our internal compliance committee ,” Smith says . The results so far have seen compliance performance improve by 35 % over the last six months alone . Another positive outcome was reducing the entire ANZ vendor base by 25 % by removing those suppliers whose compliance levels had been identified as wanting , and whose services could be met by our strategic panel partners .
The creation of panels made up of vendors with whom Cushman & Wakefield has a strategic relationship in each of its 21 major categories has driven further value . Cleaning , for example , is one of the largest categories . “ We have around 230 cleaning organisations : our strategic category panel for cleaning now has no more than 15 . Our panel agreements are more than just commercial contracts – they focus more on driving value , for us as well as for the clients .” Standardised service level agree-
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