Corio’s Procurement Framework
Corio’s procurement team uses a global portfolio approach to support projects across five continents, including our GEOW project here in Victoria. As described in the figure below, the Procurement team is divided into separate sub teams that closely work together.
The teams are: (1) the procurement development team who manage systems and processes across the globe (2) supply-chain development who support early-stage projects such as the GEOW Project (3) category management who sets the strategy and provides technical and strategic support to our projects across the globe. Each project that progresses past the initial development phases will have its own team that then executes the procurement strategies, ensuring timely and cost-effective delivery of the components and services to the project.
All procurement teams at Corio report to our Head of Procurement, based in the UK, who is accountable for the safe, timely and cost-effective delivery of procurement items for our projects.