14 February 2008
Housing associations could make further savings by improving their procurement skills.
A report by the Audit Commission and government agency the Housing Corporation, revealed associations could save an extra £100 on each home every year.
Deborah Ilott, regulation policy manager at the Housing Corporation, said: Potential savings running into many billions were identified, given that housing associations currently manage over three million homes across the country."
The report called on associations to monitor supply markets more closely, improve their commitment to sustainable buying and ensure residents provide input in the process.
Steve Bundred, chief executive of the Audit Commission, added: "Housing ssociations need to look beyond unit costs, adopt a more strategic approach to procurement and apply the private sector's approach to supply chain management."