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An overview of our supplier requirements on corporate responsibility All suppliers as defined in our Supplier Base Management Process must comply with our robust Supplier Requirements. In addition,
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Supplier principles refer to the values and guidelines that govern the relationship between suppliers and the organization. Supply refers to the process of sourcing, purchasing, and delivering goods or services.
Typically, procurement or supply chain departments within an organization are responsible for filing supplier principles and supply information.
Supplier principles and supply information can be filled out by documenting the organization's procurement policies, supplier evaluation criteria, and details of past and current suppliers.
The purpose of supplier principles and supply is to ensure that the organization maintains ethical, efficient, and effective relationships with its suppliers to meet its procurement needs.
Information such as supplier evaluation criteria, supplier performance metrics, supplier contracts, and procurement strategies must be reported on supplier principles and supply.
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