Our Procurement Strategy considers people and processes as well as technology and systems and is linked to our overall business strategy. Our desire is simple yet important: It’s to become the preferred supplier to our customers and a preferred customer to our suppliers.
To achieve our goals, we’ll help manage supplier performance, leverage global scale and knowledge, speed supplier diversity and innovation and strengthen supplier relationships. We’ll also focus on these areas: collaborating with suppliers to reduce costs, improving productivity while implementing automated standard metrics, standardizing product specs, implementing a program to diversify our supplier base around the world, reducing complexity and waste and instituting a long-term procurement strategy.
Like most global companies, we focus on standardizing business processes to achieve economies of scale and leverage resource utilization. At CHEP, we aim to go above and beyond. We want to establish stronger and more-enduring relationships with our supplier community. Doing so helps all of us.
“Not long ago, we laid out the strategic pillars that make up our global procurement strategy. All of them, of course, involve our suppliers. We have made great strides in strengthening our global supplier partnerships, leveraging international market conditions and cultivating regional and local supplier relationships. This commitment aligns with our vision and mission to support the communities where we work as well as supplier diversity opportunities.