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Bio-Rad iCode Introduction.mp4
Purchasing and Supplier Relations
We are known for our integrity in the marketplace, and we keep that trust by carefully following our purchasing procedures and maintaining relationships with responsible suppliers.
Our commitment to creating innovative products for our customers requires not only harnessing the teamwork and skill within Bio-Rad, but also the knowledge of the business partners and suppliers that share our mission. We work only with third parties who are committed to abiding by the same laws, regulations, and standards that we follow.
- Employment
- The environment
- Anti-corruption
- Fair competition
- Intellectual property (IP)
- Trade controls
- Product quality and safety
- Human trafficking and slavery
- Use of conflict minerals
Using a competitive and non-discriminatory process that complies with all applicable laws, we choose suppliers based on their ability to provide quality goods and services. We follow our requisitioning process and procedures, as well as all of Bio-Rad’s other applicable policies, during the purchasing process. So Bio-Rad personnel with purchasing or requisitioning responsibilities must learn and abide by these purchasing rules and procedures.
Expectations
- We must make sure that our business partners, including suppliers, follow the applicable standards, regulations, and laws that govern our work, just as we do.
- Those of us responsible for requisition or purchasing activities must learn and closely follow our purchasing policies and processes.
Training Videos in Multiple Languages
Key Terms
Purchasing departments within Bio-Rad are responsible for centralizing purchasing services and managing all purchasing transactions.
Requisitioning departments within Bio-Rad are responsible for requesting purchases based on accurate specifications, contract requirements, and any legal requirements, as well as verifying that the applicable budget for the purchase is available.
Related Materials
FAQs
A: No. When we hear of conduct that would violate our Code, our policies, or the law, we must report it. We want to make sure we work only with those suppliers who adhere to the same legal and ethical standards as Bio-Rad.
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A: Possibly, but you must disclose that you have a relative working for the vendor and make sure there is no conflict of interest and that we are handling the relationship with the vendor in a transparent fashion.
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