We are pleased to advise that we have published our Annual Review for 2022-2023. As well as being available publicly on our website, we have also sent it directly to our members via email today.
Our members spent £259m throughout the year on over 100 framework agreements delivered by LUPC and our UKUPC partners, delivering £18.5m in savings to our members. Our return on investment (the ratio of savings delivered to the membership subscriptions) is now at 77:1.
In the review you can read about LUPC’s activity in 2022-23 which includes:
- the highlights of the key category areas and responsible procurement initiatives,
- an overview of our 2022-23 financial position,
- a review of work across UKUPC,
- an update on our achievements against the KPIs of our corporate strategy for 2021-24; Working together to achieve shared goals in a changing world. This also includes progress against the KPIs of our Responsible Procurement Strategic Plan, and
- how we have engaged with our members through the delivery of events and networking opportunities, and the resources we have provided to assist with procurement activities.
As always, we would like to say a big thank you to the many members who have supported our work by serving on our commodity groups, tender working parties, the Board, or the Executive Committee; we could not achieve what we do without them.