Page 5 - SISK NEWS JULY 2016
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FUTURE PLANS

                     ADDING VALUE TO ALL PARTIES                        Notwithstanding the positive progress made,
                     As we’re proactively doing on many of our          it’s important to recognise that there are still
                     projects, we are now engaging with our             many improvements we can and will make.
                     supply chain pre-contact, exploring how            Going forward, we will continually improve
                     we can collectively add value. We’ve seen          our procurement process and investigate
                     examples where we have developed softer/           opportunities such as introducing supply chain
                     social opportunities including on-site training    finance programmes as a cash advantage to our
                     centres and community engagement work.             supply chain.
                     However, we’ve also pursued harder commercial        So whilst there remains much to do, we’ve
                     opportunities that we can subsequently offer       already made great strides. We are a project
                     clients, whether that be cost reductions                   driven business and our projects teams
                     through design led standardisations or                     continue to work hard in driving
                     supply chain led financing options for clients             subcontractor compliance with the 2nd
                     where budgets are under pressure. On the latter    and 3rd tier agreements that we now have with
                     of these we’ve been working with Mitsubishi on     distributors and manufacturers. This is an area
                          their financing offering of major building    we can feedback to the projects the value of
                          services systems.                             additional margin that site teams are generating
                          With our robust and committed preferred       for the business.
                     supply chain, we can now take the lead in            There’s greater collaboration across the
                     brokering these discussions to drive real value    business. We’re benefitting from volume
                     for all parties.                                   discounts from preferred suppliers, and with 50%
                                                                        of our materials now ordered electronically, day
                                                                        to day processes have improved making life that
                                                                        little bit easier for everyone across the business.

                   Bribery & Corruption











                        y now everyone should all have completed their   There are a few golden rules we all need to remember:
                        on-line anti-bribery and corruption training. This
                   Bis part of our commitment to being a company       •  Never accept cash. Not as a payment, gift, or
                   that conducts its business to the highest moral and   where you are going to use it for hospitality. If
                   ethical standards. It sits alongside our Anti-Bribery and   someone tries to offer you cash, report it to your
                   Corruption Policy (which can be found on the Intranet)   line manager or the Legal Team.
                   and sets out our expectations for each employee –   •  Be aware of any conflict of interest where your
                   that we are all responsible for maintaining Sisk’s high   personal or family interests and/or loyalties may
                   business standards.                                  conflict, or be perceived to conflict, with the
                     Alongside this, we will soon be launching the Gifts   interests of the Sisk Group.
                   and Hospitality Register which will enable you to   •  Don’t accept or offer gifts or hospitality, or any
                   record any hospitality you accept and offer, and a   other sort of inducement, for entering into
                   Conflict of Interest Register to record other business   a contract.
                   and personal interests.
                     Failure to comply with the 2010 Bribery Act can have   There will be more training on other
                   consequences, not only for Sisk as a company but    key areas over the next few months
                   also for individuals. Sisk would have to pay a fine, and   so please keep a look out in your
                   individuals guilty of offences could face up to ten years    email inbox.
                   in prison.














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          SISK NEWS JULY 2016 FINAL.indd   5                                                                        05/08/2016   12:22
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