V/Line

V/Line has been selected as an ABA100 Winner for Supply Chain Management in The Australian Business Awards 2019. The Australian Business Award for Supply Chain Management [SCM] recognises organisations that have achieved outstanding results through initiatives that demonstrate excellence in supply chain management.

V/Line is an operating agency as part of Department of Transport (DoT), delivering services under a Partnership Agreement with Public Transport Victoria (PTV). The services V/Line delivers include, operation of passenger services, provision of freight access, maintenance of railway infrastructure and fleet assets, delivering projects when engaged to do so.

The ability of Victoria’s transport system to move people and goods is crucial to the competitiveness of Victoria’s economy and its social wellbeing. Integral to Victoria’s transport system is its regional rail and bus networks that now enable in excess of 21 million passenger journeys every year.

The regional rail network carries a further 77,000 containers and 3.1 million tonnes of freight annually providing critical trade links across Victoria. V/Line is directly responsible for facilitating these movements. In the 2017-18 financial year, rail and coach customer trips totalled over 20.8 million, an increase of over eight per cent on the previous year.

The Australian Business Awards are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories.

The Australian Business Awards are the national chapter of an integrated, hierarchical leadership initiative conducted on a national and international level. Eligible organisations are invited to participate in the international chapter of the program at The World Business Awards whereby participants are provided with the unique opportunity to benchmark themselves against the top performers globally.

The process culminates in the selection of organisations which implement world-class business initiatives, projects, products and services. The award recipients are recognised as the elite of their industry earning a place amongst a distinguished group by having their achievements acknowledged and celebrated.

Organisational eligibility includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.

Organisations are required to complete a submission for a specific business initiative, product or service.

Business initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.

Products can include but are not limited to services, devices, equipment, programs, processes, activities, applications, information, knowledge, software, cloud-based services, platforms, systems and manufactured goods. Products must be commercially available on the Australian market and comply with all applicable Australian standards and regulatory requirements. Product eligibility includes domestic and international products available to the Australian marketplace.

The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards.

The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.

Organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement are recognised via a set of established business and product award categories.

The program provides a notable opportunity for high-performing organisations which implement world-class business initiatives and develop innovative products and services to be acknowledged and celebrated for their achievements both nationally and internationally.

Conducted annually, the program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance through a global recognition and knowledge building initiative that is underpinned by the program’s established framework.

The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige.

“V/Line are thrilled to be receiving acknowledgment for the significant amount of work we have done in transforming and modernising our Supply Chain group. Winning awards in three categories – Process Improvement, Business Technology and Supply Chain Management shows the depth and extent of the transformation and is a testament to the skills, expertise and efforts of all this involved in delivering on the 24-month strategy.”

Michael Mowat, Manager Asset Reliability & Performance, V/Line