Logistics,Supply Chain | 310 days ago |

Geodis Supply Chain Optimization (GSCO) has obtained the prestigious Chartered Institute of Purchasing and Supply (CIPS) certification. CIPS certification is recognized worldwide as a sign of excellence in purchasing and cost optimization. For customers and suppliers, the label guarantees the application of audited processes that respect rules on ethics and comply with sustainable development policies.

GSCO, which purchases some €800 million a year in transport and logistics services, is one of the rare players in the sector and the only 4PL operator to have fulfilled the approval criteria of the Chartered Institute of Purchasing and Supply. CIPS, a public interest organisation based in London and responsible for the certification, is known the world over for its independence and expertise in optimizing and assessing standards in the purchasing sector.

Successful compliance with CIPS rules attests to GSCO’s work on improving the standardization of its global subcontracting procedures in respect of ethical rules and sustainable development policies. CIPS spent a year examining the robustness of GSCO purchasing processes, particularly in supplier selection and calls for tender. The result: Geodis GSCO respects the application of its ethical charter and the measures taken in favour of sustainable development, reflecting the general policy of the company and national and international standards.

Renewable every three years and audited annually by CIPS, the certification requires regular internal control. This process will be implemented by GSCO purchasing teams as part of a continuous improvement approach.

Commenting, Jean-Louis Demeulenaere, Chief Executive Officer of Geodis, said, “This ambitious certification policy has enabled us to compare our purchasing practices with the most stringent international rules and thereby reassert the complete independence of GSCO’s purchasing policy within the Geodis group”.