PZU Group awarded CIPS Corporate Certification Standard – Demonstrating Best Practice and Commitment to Procurement Standards
8th March 2017 – The Chartered Institute of Procurement & Supply (CIPS) has awarded PZU Group procurement division with the globally-recognised procurement certification after demonstrating their commitment to improving policies and procedures in procurement and supply chain management.
PZU Group is the largest insurance company in Poland which excels in terms of technology and innovation. The company has been consistently achieving impressive financial results. The procurement function is responsible for more than 86% of external spend for the company and so recognised as integral to the company’s performance. This is evident in the company’s investment in high-quality accreditations such as the CIPS Corporation Certification Standard.
The CIPS Corporate Certification Standard demonstrates that an organisation has all the procurement governance mechanisms in place for effective supply assurance and compliance. The certification has strengthened and underpinned the procurement team’s knowledge and given them the reassurance that they meet top professional standards.
The certificate was received by PZU Group on the 1st February and presented by Will Beattie, CIPS Head of International Business Development.
“PZU Group’s procurement team engaged in the process with an open and positive approach. They worked hard to gather all necessary materials and close identified competence gaps in a very efficient way. They should be extremely proud of their achievement.”
Aleksandra Agatowska, group director at PZU Group and member of management board at PZU Życie said:
“We strongly believe that obtaining the prestigious CIPS Certificate will improve our confidence and add value to our role, internally and externally, making us a preferred partner and value creator.”
For more information about CIPS and certification: www.cips.org/en-gb/cips-for-business/supply-assurance/certification
For further information contact:
Grace Poole; CIPS PR Executive; email@example.com; +44 (0) 1780 761560
Trudy Salandiak; CIPS PR Manager; firstname.lastname@example.org; +44 (0) 1780 761576; 07554 400 731
About The Chartered Institute of Procurement & Supply (CIPS)
The Chartered Institute of Procurement & Supply (CIPS) is the world’s largest procurement and supply professional organisation. It is the worldwide centre of excellence on procurement and supply management issues. CIPS has a global community of over 115,000 in 180 different countries, including senior business people, high-ranking civil servants and leading academics. The activities of procurement and supply chain professionals have a major impact on the profitability and efficiency of all types of organisation and CIPS offers corporate solutions packages to improve business profitability.
About PZU Group:
The Capital Group of Powszechny Zakład Ubezpieczeń SA (PZU Group) is one of the largest financial institutions in Poland and in Central and Eastern Europe. It is headed by a Polish insurance company, PZU SA (PZU). The main strategic objectives of PZU until 2020 are to stabilize financial result, broader use of the potential growth and the creation of the most innovative group in Europe. In particular, it is planned to improve a technical profitability, among others, by better pricing of the insurance portfolio.