Supply Chain Management Policy

Supply Chain, through Procurement, shall secure quality products and services that will meet the requirements of Global Business Power (GBP)  in the most cost efficient and timely manner and are in line with the objectives and standards of GBP.

a.   Quality Requirements
Suppliers are expected to generally recognize or meet contractually agreed quality requirements in order to provide goods and services that consistently meet GBP needs, perform as warranted and are safe for their intended use.

b.   Environment, Safety, and Health
Suppliers are expected to provide a safe and healthy working environment and to operate in an environmentally responsible and efficient manner and to follow all relevant legislations, regulations, and directives to ensure safe and healthy workplace or any other location where production or work is undertaken.

c.   Compliance to Bidding and Awards Procedures
Suppliers are expected to participate in the bidding with eagerness and anticipation to win a contract. They must compete against other bidders and must not resort to collusion for the purpose of manipulating the outcome of the bidding. Suppliers must also be ready to fulfill terms and conditions of the contract in case they win the bidding.

d.   Integrity
Suppliers are expected to act with utmost integrity, efficiency, and urgency in performing awarded contracts and/or delivering ordered products.

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Coal Trading

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GBP Institute for Energy
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