PROCUREMENT
Overview
The role of our Procurement Department is to support production processes through ensuring a sustainable and reliable supply chain to provide goods and services at the right time, at the right quality and at the right cost.
Our supply chain consists of suppliers of goods and services that support a manufacturing environment. All suppliers are carefully selected based on the requirements and demand from our Columbus business units.
We strive to de-risk our supply chain to ensure the reliability and continuity of supply to support our operations. To achieve this, we analyse our supply base and ensure that sufficient supply sources are available for all goods and services.
We maintain a fine balance of sourcing from local suppliers and large suppliers based on the capabilities and supplier profiles that are aligned with the Columbus objectives. Supporting our local suppliers is important to maintain good community relations in the geographic area where our employees make a living.
We are committed to ethical procurement processes and maintain a strong corporate governance oversight of all our processes. We expect our suppliers to commit to the Acerinox Code of Conduct.
Responsible Procurement
One of Acerinox's strategic objectives is for its business activity to be compatible with the protection of the environment and the development of a sustainable society for future generations, thus aligning itself with the Sustainable Development Goals and the 2030 Agenda.
To achieve this strategic objective, it is essential to evaluate and assess the business practices of our business partners.
Our sustainability objectives are based on the following pillars:
- Promote the development of a responsible, transparent management model and solid corporate governance, with a sustainable vision that in the long term identifies and proposes responses to new ESG challenges and opportunities.
- Continuous improvement in production efficiency that leads to the reduction of emissions, water consumption and other inputs, and that allows establishing Columbus’s commitments and objectives in the fight against climate change.
- Strengthen people's alignment with Columbus’s values, promoting their commitment to sustainability, promoting equality and talent development, and improving the organizational climate to strengthen pride of belonging.
- To be a company recognized for our commitment to local society and the creation of positive community impact.
- Improve the relationship with our business partners, in line with the principles and practices of Columbus.
In its procurement management model, Acerinox establishes general guidelines common throughout the Group, developing its own procedures to control and guarantee a supply chain that meets the requirements that the document demands and legal and regulatory standards.
The supplier selection processes are adapted to the principles of openness, equality and transparency, promoting principles similar to those that inspire the Group as a responsible company.
The ethical, environmental and social principles are reflected in the approval processes, as well as in:
