23 September 2009 | Jake Kanter
Virgin Media was named 'consultancy buyer of the year' at an event in London last night.
The company picked up the prize at sourceforconsulting.com's Consultancy Buyer Awards 2009 for excellence in purchasing third-party advisory services.
Adrian Hull, Virgin Media's head of corporate procurement, collected the honour. He said the company went back to basics and examined what a consultant was and how much it spent on their services every year.
The purchasing team engaged with stakeholders and suppliers and created a document of "benchmark rates" for providers, helping to drive compliance and deliver value.
"I'm delighted to accept this award on behalf of Virgin Media. Eighteen months ago when we started this project, I couldn't have imagined I would be stood here," Hull said.
Ed Haigh, client relationship manager at sourceforconsulting.com, said the judges felt Virgin Media "demonstrated engagement with suppliers and stakeholders within the business and had a clearly defined and executed strategy".
The judging panel included Stephen Hayers, vice-president, services procurement at BT and Peter Smith, managing director at consultancy Procurement Excellence.