British Steel enters multi-million-pound partnership with IESA

This story is over

British Steel has struck a multi-million-pound partnership with IESA to revolutionise its engineering stores operations and purchasing processes.

The company has outsourced its maintenance, repair and operating spares stores activities to IESA – global specialists in the procurement and management of indirect goods and materials.

IESA will now oversee tens of thousands of British Steel transactions a year in a move that is hoped to deliver both a modern and efficient service, and bring savings.

The advanced stores system My MRO, which uses cloud-based technology, will cover British Steel’s requirements for electrical and mechanical goods, custom made goods, drives and fluid power.

Under the terms of the agreement, 36 British Steel employees and contractors involved in the previous stores and associated operations in Scunthorpe, Teesside and Immingham have transferred to the employment of IESA.

British Steel Deputy CEO Paul Martin said: “We’re continually improving our business and this partnership, with a specialist supplier like IESA, will bring major operational improvements.

“The engineering stores cover more than 160,000 stock keeping units so the logistics behind it are immense and so are the benefits of a new, hi-tech system.

“Our new stores operation will help us become much more efficient while IESA’s expertise and buying power will enable us to make savings that can be reinvested in other parts of the business.”

IESA CEO Glenn Timms added: “We’re delighted to be working with British Steel and to welcome the new employees to our business.

“We know that British Steel has already undergone significant changes and we’re proud to be delivering a market-leading service which will revolutionise the company’s engineering stores operations.”