Achilles RISQS accreditation empowers Impulse in the rail market

Info18 Mar 2016Rail

Railway Industry Supplier Qualification Scheme (RISQS)

RISQS is the supplier pre-qualification service used by buyers of products and services throughout the UK rail industry.

This includes Network Rail, Transport for London, passenger and freight operating companies, rolling stock organisations, main infrastructure contractors and many other buying organisations in the management of supply chain risk.
 

The Scheme

RISQS embraces rail's qualification arrangements previously known as Link-up. RISQS is industry-owned, sponsored by a board of representatives from across the rail industry. This reports into the RSSB Board, and RSSB provides a range of services to support operational delivery of the scheme.

For buyers, procurement management needs to involve tackling the risk imported from suppliers into the chain. Buyers seek assurance from their suppliers that the risk is managed and that they can deliver to meet their needs.

Qualification

There are two elements of securing this assurance in the RISQS scheme, which are Registration and Qualification.

Registration is a process provided to suppliers to enable them to register their interest in becoming a supplier.

Qualification is a process to determine whether or not a supplier, or potential supplier, meets a predetermined set of criteria.

The RISQS scheme is designed specifically to support rail companies in both these aspects of supplier assurance.

Impulse has gained RISQS qualification status as an approved supplier.

Click here to find out more about Achilles RISQS
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