Shipyards seek savings in overhaul_2

Britain’s beleaguered shipyards have turned to a major industry-wide initiative for savings on their annual £3.4 billion procurement spend.

The Shipyard Improvement Programme, started by the Shipbuilders and Shiprepairers Association this month, aims to implement best practice at the UK’s 50 yards.

The £5.8 million programme, which includes a £2.8 million government grant, aims to improve many of the industry’s acknowledged outdated purchasing practices. Collective purchasing and e-procurement are...

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