Provident Financial
Provident Financial is the market leader in home credit in the UK and Ireland. It also has a successful credit card business, offering a different kind of card specially designed for people who often find themselves excluded by other lenders.
Provident Financial aims to procure products and services that have minimal negative impacts on the environment and society at large. This involvement not only yields social and environmental improvements throughout the supply chain, but also helps to contain costs, improve risk management and enhance the company’s reputation.
In keeping with its environmental supply chain management policy, Provident Financial reviewed the environmental performance of key suppliers and joined forces with them to develop policies and practices that minimise environmental risks.
We assisted Provident Financial with an analysis of its supply chain, mapped and prioritised its risks and responsibilities, reviewed the supply chain policy and drafted a risk assessment questionnaire to guide and inform its supply chain managers. We also facilitated a training workshop for procurement teams to raise awareness and assist with the ‘embedding’ process.