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Procurement principles Our Strategy
Procurement principles
Determinant guiding ideas
- Based on Responsible Supply Chain and Total Cost Ownership (TCO), we make sure that procurement costs are sustainably reduced and the needed products and services are procured on time in the right quality.
- Corporate group optimum has priority over business, division or location optimum.
- Our communication and interaction is open-minded, proactive and honest. We say what we do and we do what we say.
- We strictly follow the standard corporate procurement and ordering process. The categories are managed by category managers on the Corporate level. Our suppliers align procurement with future business needs.
- All our stakeholders (partners, internal customers, purchasers) are fully aware of our goals and expectations.
Markets
- We are active in national and international supply markets and actively support competition. We consistently source new, innovative suppliers in the national or international area.
- We enter into commitments based on economic perspectives. In addition to the price and the commercial conditions, economic perspectives also include key factors, which are linked with the procurement process (“TCO”), such as the fulfilment of our quality and sustainability requirements and reliability.
- We support sustainable relationships with our selected suppliers, meaning a long-term relationship and a risk-profit partnership (win-win) based on trust.
- Suppliers agree and strictly follow the Axpo Code of Conduct.
- In the area of responsible procurement and sustainability, we rely on solutions including EcoVadis and expect our suppliers to receive a corresponding EcoVadis-Rating.