Bridgestone Colombia embodies and promotes fair and equitable treatment when searching for and hiring suppliers. These actions promote healthy competition among the supply chain, laying the foundations for solid and long-lasting relationships.

In 2016, the company had 2,187 suppliers from countries, including: US, Mexico, Brazil, Costa Rica, Japan, Thailand, Spain and Argentina.

Since 2015, the Procurement Department has undergone a complete transformation as a result of the implementation of the Bridgestone Latin America North (BS-LAN: Mexico-Colombia-Costa Rica) structure. This new procurement structure promotes greater transparency in all processes and operations.

Supply Management Process

The current processes of the Procurement Department are in compliance with the requirements of the business in order to safeguard and contribute to the development of the company’s commercial partners and the community.

One-hundred percent of contracts with service providers guarantee compliance with the guidelines stipulated by Bridgestone Colombia

Supplier Evaluation and Development

Through this evaluation process, Bridgestone Colombia compiles information about how its suppliers embody sustainability concepts in order to align their practices with the principles promoted by the company.

This alignment process is achieved by increasing the number of training sessions and workshops for suppliers. These sessions encompass the improvements in sustainability criteria that the company applies when selecting and evaluating suppliers. Some of these criteria include the quality, performance and warranties of the product or service offered by the supplier, in addition to reliability, speed of response, responsibility and compliance. In addition to these criteria, ethical market practices are a priority for the company’s suppliers.

The evaluation process is undertaken by representatives from the Procurement and Safety departments. Some of the criteria that are taken into account in this evaluation include:

Quality of the Product or Service.

Reliability in areas such as Service Performance.

Warranties.

Opportune Response to Complaints and Grievances.

Responsibility.

Regulatory Reporting.

Market Behavior.

Advantages.

Areas of Opportunity.