Becoming a Supplier for R.J. Reynolds Tobacco Company
R.J. Reynolds Tobacco Company is based on a fundamental set of values, and these values guide the relationships we enjoy with the many suppliers who provide goods and services.
Procurement’s Mission:
It is Procurement’s prime objective to support corporate growth and improved productivity through strategic purchasing. Procurement provides guidance, leadership and responsive customer service through the use of industry best practices in our Procurement process to ensure an adequate supply of a wide variety of goods and services at a combination of price, quality and service level which meets or exceeds our client’s requirements.
Sourcing Suppliers
We value relationships with our suppliers. As we source goods and services, we rely on the professionalism and expertise that suppliers provide. Suppliers play an essential role in obtaining continuous improvements in quality, price and service levels.
Our sourcing processes aim to deliver maximum value to all stakeholders. We look to our suppliers to deliver innovative products and services that help us differentiate ourselves in the marketplace and create lasting competitive advantage. The value that comes from having a diverse group of suppliers is clear. We encourage our buyers to seek out new and diverse suppliers as they source materials and services, to ensure a consistent flow of new and innovative ideas.
Suppliers may be identified from past experience with the Company, industry directories, Internet, industry and association information sources including catalogues and journals, trade shows and conferences.
Eligibility standards have been developed for suppliers, which includes among others;
- Auditable financial strength;
- Proven capacity to meet contractual obligations;
- Guaranteed capability for full and continuous supply;
- Assurance that requirements will be met through implemented, auditable quality plans; and,
- Reputable track record in supplier’s area of expertise.
If a business qualifies, it may be invited to bid for work.
Negotiation of Contracts
Following the initial registration process potential suppliers will be evaluated against current suppliers and one or more suppliers who best fit the Company’s overall needs may be invited to submit proposals or enter into negotiations, which may lead to the formulation of a formal contract.
Generally, end users are not authorized to enter into agreements with suppliers. Suppliers who provide goods or services before a purchase order/contract is in place and contracted suppliers who perform work beyond the scope of the existing contract, do so at their own risk.
Conclusion
R.J. Reynolds Tobacco Company values the special relationship it has with its suppliers and welcomes entertaining any proposals or initiatives by suppliers that contribute to increased productivity and good purchasing management.