Barclays prides itself on fostering effective working relationships with our suppliers. Our strategy is to combine partnering with a smaller number of suppliers over a longer term, with a commitment to diversity, and active support of organisations that develop entrepreneurs and Small and Medium Enterprises (SME).
Barclays identifies preferred suppliers for most of categories of expenditure. These are periodically reviewed to ensure continued best-in-class, value-for-money solutions and to encourage innovation and supplier diversity.
In October our technology leadership team will be in Silicon Valley to host another Open Innovation event. We’re seeking best in breed solutions from start-ups and venture-capital backed companies for our container technology, micro-segmentation, and enterprise open-source challenges. Taking part provides you with the opportunity to win a supplier contract with Barclays and collaborate with our technologists on product development.