Rok comes tumbling down
Rok collapse leaves buyers picking up the pieces
A risk worth taking
Rok criticised for doubling payment times
Connaught's 50,000 unpaid invoices
9 December 2010 | Angeline Albert
The former chief buyer for construction firm Rok,
which went into administration on 8 November, this week became head of group
procurement at the Wates Group.
Jamie McKechnie, Rok’s former head of operational
procurement, began his new job at Wates on Monday (6 December). He was at Rok
for more than five years and says he achieved a successful transformation of
the purchasing department during that time.
He told SM: “I was
looking for my next step up three or four months before Rok went into
administration. I got the new role on 4 November.”
He will be responsible for a direct procurement spend of £100 million.
Wates has a central procurement function and supply chain directors in each of
the group’s business units. McKechnie will head a 15-strong team and will
liaise with all the supply chain directors.
McKechnie, who is a member of the CIPS Construction Procurement group, said: “I’m
really excited about joining Wates because it is a family-run business. The
importance of paying people on time is a breath of fresh air, particularly in
view of my time at Rok.”
reported by SM, the
Forum of Private Business lambasted Rok
doubling the time it took to pay suppliers.
Meanwhile, SM also
how Wates Construction gained a contract in Edinburgh which was originally
awarded to Connaught. Connaught
entered administration exactly two months before (8 September) its rival