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This week the Chartered Institute for Purchasing and Supply (CIPS) formally announced their adoption of the Values & Guiding Principles. This is an extremely exciting announcement for us as both NIGP and CIPS are working together, with the support of the other Supporting and Adopting Organizations, to take the Principles & Practices project global.
As CIPS stated on their website this Monday, “CIPS has adopted the VGPs to give our [CIPS] members assurances that their funding is being put to good use, that our suppliers know that they can transact with us in an open and transparent manner, and to show the outside world that we live and breath our values to be seen as the customer of choice. In today’s highly competitive world what organisation wouldn’t want this? All eyes are on the public sector to spend responsibly and adopting and implementing the VGPs as well as the Principles and Practices of public procurement (PPPs) demonstrates that procurement teams are being good custodians of the public purse strings”.
We are excited to see CIPS adopt the VGPs and look forward to seeing the continued global reach of the project grow.