Suppliers are important part of our successful business
Our procurement target is to enable strong business performance, sustainable purchasing processes and to secure the availability of right materials and services considering the needs and requirements of our businesses. We aim for open and effective collaboration with our suppliers and seek for new suppliers globally to strengthen our network and to create value for both parties.
Supplier network
Our purchasing volume is can vary from INR 1,00,000 to INR 10,00,00,000 depending on the yearly investment volume. We have over 5,000 suppliers in our supply chain network covering our main locations across Delhi NCR, Gujrat, Punjab, Uttar Prades, Assam and Kerala. We evaluate the performance of our suppliers and engage our suppliers and businesses in collaboration from individual project execution to continuous portfolio development and R&D.
We manage risks related to our supply chain
We are actively striving to reduce the environmental impacts caused by our operations and to improve economic and social wellbeing. We require all our suppliers and business partners to comply with a zero tolerance policy towards corruption and bribery. The aim is that open and efficient collaboration creates value for both parties and in whole supply chain.
Our Supplier Code of Conduct
Our Supplier Code of Conduct sets the sustainability requirements for our suppliers. It is used
in all our countries, and suppliers are obligated to implement the principles of the Supplier
Code of Conduct across their whole business.
Our key tools in supply chain management are
counterparty risk assessment, supplier qualification and supplier audits.
