Wernick Social Responsibility 2024_A4L_30'OCT25_Job_no_2029 - Flipbook - Page 28
7.0 Supply chain
GROUP SME SPEND >>
85%
79%
Our goal is to develop healthy and diverse supply chain partnerships
and grow our spending with small and medium enterprises (SMEs).
We report on our SME spend annually and provide transparency of what we spend
across all six Group companies. By opening up opportunities and making the supply
chain accessible to SMEs, we in turn help them to build capability and capacity and
support local economies.
15%
%21
HIGHLIGHTS >>
73%
88%
>> Continue to promote robust
anti-bribery and corruption and
prevention of modern slavery
procedures
>> Pay 90% of suppliers within 60 days of
receipt of invoice
>> Promote local opportunities with SMEs
and our local network of suppliers close
to our UK operating centres
36%
12%
7.1 Supporting local economies
Across all our businesses, managers are empowered to develop local
supply chain partnerships for many categories of spend. Through supplier
engagement events and advertising opportunities within local communities, it
broadens our pool of suppliers, making it easier for SMEs to get involved.
We are taking many steps to
increase our spending with local
SMEs by reviewing and targeting key
products and services within supplier
categories where SMEs can play a
greater role. We aim to promote and
encourage local spend with both
VCSEs and SMEs within 25 miles of
our operating centres.
28 | www.wernick.co.uk
88%
83%
We can achieve this by implementing
targeted outreach campaigns to raise
awareness of opportunities locally
and encouraging and enabling SMEs
to join our approved supplier list,
actively allowing them to grow and
encourage spend within our local
communities.
17%
SME
Other
*Based on 2025 definition on SME
12%
