Report shows untapped revenue potential for NZ firms

Report shows untapped revenue potential for NZ firms

There is significant potential to improve the share of work that New Zealand firms win from major supply chains and the economic rewards for both the companies involved and the local economy are significant, according to a recently released report commissioned by the New Zealand Trade and Enterprise’s Industry Capability Network.

According to the report, Australian experience indicates that there is the potential to boost the revenue share for New Zealand by up to $170 million for every $1 billion spent on major projects.

Catherine Beard, Executive Director of Manufacturing for BusinessNZ says it is very important that New Zealand companies start winning a bigger share of large government, local government and SOE tenders, based on their merits.

“In order to grow bigger companies in New Zealand that are more capable of entering into export markets, they need to get a fair crack at the larger local projects, which are typically a government spend. Too often we see an over-emphasis on price versus quality resulting in poor procurement results, requiring expensive remedial work being carried out.

“We would like to see a renewed emphasis on “whole of life” procurement from government, which takes into account price, quality, durability, servicing and local industry capability building.”

The report for the Industry Capability Network surveyed the local and international supply chain scene, and found that while some leading New Zealand companies can compete effectively in the major supply chain market, there is scope for more companies to win this sort of work and develop these relationships.

Paul Linton, Director ICN says that the report indicates that procurement into the local market across a range of sectors is still vitally important for New Zealand companies. “The ICN continues to work hard to help buyers find competitive local suppliers for large projects and to help local companies improve their capability in this space so they can become more successful in Australia and New Zealand, and into global supply chains.”

The ICN and BusinessNZ are holding a series of seminars in Auckland, Wellington and Christchurch this week on what successful New Zealand companies do to win local and global supply chain work, and hear from our own large procurement agencies about what qualities they are looking for in supply chain partners.

The report is available online at www.icn.govt.nz

Further information

Catherine Beard 027 463 3212 or 04 496 6560

For more information about the report, please contact Paul Linton, Director Industry Capability Network, phone 027 430 0370 or email [email protected]

Information on the Seminars

Auckland – 3 August 9.30-12.30pm, followed by light lunch, venue Waipuna Auckland Hotel and Conference Centre, 58 Waipuna Road, Mt Wellington.

  • Deb Archbold – overview of the major supply chain market – our strengths and weaknesses, what we need to do to be competitive and what the future trends are.
  • Ministry of Economic Development, June Ralston, Government Procurement Policy Update
  • Auckland City, Tania Blakemore, Auckland City Procurement Policy and how to get engaged.
  • Grayson Engineering, David Moore, GM, Engaging in Major Supply Chains, private sector view point.

Christchurch – 4 August, 2.00pm-5.00pm, Clearwater Resort , Clearwater Avenue, Harewood followed by networking drinks and nibbles.

  • Deb Archbold- overview of the major supply chain market – our strengths and weaknesses, what we need to do to be competitive and what the future trends are.
  • Ministry of Economic Development , June Ralston, Government Procurement Policy Update
  • Christchurch City Council – Jake Rance – Procurement and Purchasing Manager
  • Fletcher Building, Accreditation Manager, EQR.

Wellington – 5 August, 1.30-4.30 – Wellesley Hotel, 2-8 Maginnity Street, Wellington

  • Deb Archbold – overview of the major supply chain market – our strengths and weaknesses, what we need to do to be competitive and what the future trends are.
  • Ministry of Economic Development, June Ralston, Government Procurement Policy Update
  • Steve Botica, former Chief Information Officer, Ministry for the Environment
  • Ministry of Defence – Dep. Sec Acquisition, Des Ashton
  • NZ Police Stan Pope, National Procurement Manager
  • NZ Transport Agency, Richard Wade, Senior Procurement Manager

RSVP

To RSVP, please contact:

Auckland – Gilbert Peterson for (EMA) [email protected]
Wellington – Liam Jensen (Employers Chamber of Commerce Central) [email protected]
Christchurch – Richard Holstein (Canterbury Employers’ Chamber of Commerce) [email protected]

Contact:

Phone:

Email:

2 Aug, 2011

Related News