Compass Group and AstraZeneca are taking supplier management to the next level. The two companies have established a new, forward-thinking partnership for integrated facilities management that is focused on workplace experience. It expands the current scope of work, including hard and soft services, as well as foodservice, in all of AstraZeneca's North American facilities.

This transformative partnership is based on the principles of the Vested contracting model that builds on work the University of Tennessee has done with the U.S. Air Force and paves the way for a new approach to supplier-buyer management. Over the past year, the Compass Group and AstraZeneca teams participated in many workshops and stakeholder alignment sessions to set the foundation for this new partnership rooted in the Vested principles from the award-winning research at the University of Tennessee College of Business Administration. Vested is a business model, methodology and mindset for creating highly collaborative, win-win business relationships in which both parties are equally committed to each other's success.

When applied, a Vested approach fosters an environment that sparks innovation, resulting in improved service, reduced costs and value that didn't exist before - for both parties. For more than 15 years, Compass Group has been a trusted and high-performing supplier to AstraZeneca, and this expanded partnership will contribute to the next generation workplace experience. This includes prioritizing diversity and inclusion, sustainability, technology, health and well-being, and community outreach - all aligning with AstraZeneca and Compass Group values.

The Compass Group team recently renewed the WELL Health-Safety Rating for the Gaithersburg campus, a certification that was facilitated on AstraZeneca's behalf in 2021.