Midlands-based G F Tomlinson has injected almost £600,000 into the Lincolnshire construction supply chain in the last 12 months.
The family-run construction firm established a long-term partnership with the Local Supply Chain (LSC) to ensure that small businesses and construction SMEs can secure work on future projects in the region.
Since launching the initiative 18 months ago, more than 1,000 opportunities for new business have been made available to the local supply chain and G F Tomlinson has secured almost 500 supply chain partners.
Local trade specialists such as groundworks, steelwork, bricklaying and plumbing businesses have been engaged to work with on future projects and in the last three months alone 65 new supply chain partners have been added to its supplier list.
Terry Milton, Supply Chain Manager from G F Tomlinson, said the partnership has helped to speed up the procurement process, resulting in better value for money for clients.
“As one of the leading construction companies in the region, we have become much more efficient in the use of our supply chain, with savings in time alone of nearly 30%, which we have been able to pass on to our clients,” he said.
“Because this new way of working allows greater transparency of supply chain partners, who have undergone the appropriate due diligence, we have been able to reduce approval time by over 80%, and have generated more than 1,000 new job opportunities for our local supply chain.”
The construction sector in the D2N2 area employs approximately 79,400 people and is a key driving force in the Midlands Engine. The Local Supply Chain online portal has been developed in partnership with the D2N2 Local Enterprise Partnership and collates the details of current and future construction projects for supply chain partners, allowing them to budget effectively, train apprentices and secure jobs.