Ferrovial - Annual Report 2012

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Purchasing policy and procedures

Purchasing policy is based on common basic operating standards and principles in all regions in which Ferrovial operates (organizational procedure), adapted to the particular features of each country and company by means of operational procedures that regulate the entire purchasing process, with the aim of optimizing it by:

  • Taking advantage of economies of scale and centralized purchases when they add value.
  • Coordinating purchasing between different countries.
  • An international/global vision of the supplier market.
  • Transparency in the purchasing process.
  • Using company IT systems to manage purchasing knowledge and help control the purchasing process in itself.

Corporate Social Responsibility and Quality and Environmen policy are being increasingly mainstreamed into purchasing policy. In Ferrovial Agroman, the purchasing procedures form part of the Quality and Environment System, which is certified under ISO 9001 and ISO 14001 standards.

A new internationally applicable organizational purchasing procedure was approved and implemented in 2012, and Operational Procedures of different countries have been adapted to include the changes introduced by it. The most relevant changes include:

  • The creation of a new Purchases category, called Coordinated Management at international level. It will be managed jointly between the purchasing managers of each country and the Purchases Department of Ferrovial Agroman.
  • Changes to the criteria for scoring evaluation factors in the Supplier Quality Monitoring File. The idea is to establish more clearly the differences between the different score levels and thus simplify the evaluation by the project manager.

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  • LBG Spain
  • The Global Compact
  • FTSE4Good
  • Carbon disclosure project
  • Corporate Responsibility Prime. Rated by oekom research

This is an electronic version of the 2012 Annual Report prepared by Ferrovial, S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page