Our approach to procurement
In order to support our business operations and strategy, it is imperative that Babcock has an efficient and highly effective supply chain. This means we need trusted and collaborative suppliers to support us in delivering ultra-reliable service to our customers.
Babcock buys a wide range of goods and services. We need high-performing suppliers across all aspects of our supply chain to ensure that our customers’ money is spent efficiently and responsibly. We need suppliers who will drive continuous improvement through innovation, and who will bring best practices to Babcock.
Our specialist procurement teams are integrated into operations and adopt high standards – sharing best practices and supplier insights across Babcock. Common expenditure across the company is managed and governed using a Group-Led Category Management approach.
Our supplier requirements
The foundation of a supply chain strategy that delivers.
Excellent safety record
We are committed to creating a safe environment for all our operational teams, and work with suppliers who are passionate about health and safety and can demonstrate an ability to meet our safety standards.
We select and work with suppliers who share our commitment to customer service and cost management.
We have developed a supply base of longer-term, strategic suppliers who work with us to strengthen delivery to our customers through excellence in quality, delivery and innovation.
Integrated functional and engineering expertise
We employ high calibre functional specialists with the expertise to deliver.
Balance risk and reward
We enter into contracts with our suppliers that fairly reflect the risks and rewards.
Supply chain responsibility
We work with suppliers who take health, safety, and ethical and socially responsible operations as seriously as we do. This includes adhering to the Babcock Supplier Code of Conduct, maintaining supply chain security, and conducting business in a way that supports the high standards of both Babcock and our customers.Learn more
Becoming a supplier to Babcock
Babcock is interested in speaking to suppliers who:
- Share our focus on product quality and customer service
- Deliver to agreed specifications – on time and in full
- Help us reduce the overall costs for our customers
- Work with us in delivering best practices and innovative solutions
If this is your business, we welcome you to register your interest in supplying Babcock in the future.Register here
Supplier Code of Conduct
The Supplier Code of Conduct sets our guidelines, and other procedures aimed at providing ethical and socially responsible delivery. While we recognize that our suppliers operate in very different geographic and economic environments, we expect that products and services are delivered in a way that support Babcock’s high standards and contribute to the reputation of Babcock and our customersSupplier Code of Conduct
High calibre procurement function
Our businesses are organized around our customers. Each has a dedicated local Procurement and Supply Management function. These teams are integrated into local operations but also share high standards, best practices and supplier insights across Babcock. We use Category Management as our approach to developing supply strategy, selecting suppliers and managing their performance.
What sets us apart is our focus on three key principles:
- High calibre teams
- Trusted, effective processes
- Useful, action-oriented information
Committed to working with Indigenous businesses
Babcock is committed to working alongside Indigenous businesses to help strengthen and broaden our Canadian supply chain. As committed members of the Canadian Council for Aboriginal Business’ Progressive Aboriginal Relations Program, we join them in their mission to “foster sustainable business relations between First Nations, Inuit and Métis people and Canadian Business”.