The Purchasing Management channels the procurement processes of materials, transports, services and equipment required by Sidenor. The main objective of the Purchasing Department is to acquire the goods, services and equipment that are necessary for our activity under the best possible quality, service and cost conditions while ensuring strategic alignment and complying with the specifications of the internal customer, as laid down in our Purchasing Policy. This process is carried out in compliance with the principles and values stated in our Code of Ethics. The General Conditions of Purchase sent in the orders extend the acceptance of the Code of Ethics to all our suppliers.
Suppliers are strategic actors in Sidenor’s value chain. For this reason, we promote their development by means of a long-term business relationship, mutual growth, benefit and respect, responsibility, honesty, quality and transparency, which help fulfil company objectives and strategies.
At Sidenor, we promote social and ethical development and encourage our suppliers to work towards the same goals by endorsing the CSR. The new CSR published in 2019 replaces the previous Declaration of Commitment (DC). Apart from fostering compliance with the fundamental principles of the International Labour Organisation which are already included in the current DC, the new CSR is a step forward in the commitment to safety and health at work, the environment, fair competition as well as integrity and honesty in business activities.
Through the new supplier portal, all suppliers of Sidenor are required to endorse the CSR in order to remain registered.
We are strongly committed to the economic and social development of the regions in which we are present. According to the amount invoiced in 2021, 49% of Sidenor suppliers are local, from the provinces where we have our production centres, and 79% are national suppliers.
In terms of numbers, 65% of Sidenor suppliers which invoiced in 2021 are local, from the provinces where we have our production centres, and 91% are national suppliers.