Procurement Policy – Rolls-Royce

Principles

We all have a responsibility to ensure external expenditure represents best value for Rolls-Royce and our customers and that all activities comply to the regulatory framework within which we operate.
Suppliers will be selected on the basis that they represent best value and meet all regulatory, ethical and sustainability standards. All procurement activities shall be transacted with absolute integrity and to the highest ethical standards.
Any procurement activity will be conducted in compliance with the applicable procurement process and our Code.
All customer specific contractual requirements will be adhered to and, where appropriate, flowed down throughout the supply chain.
Supplier selection is conducted by a transparent and fair process and considers the use of diverse suppliers.
Supplier relationships are built upon trust.

only do business with suppliers who have the necessary capability, demonstrate high levels of performance and meet our ethical and sustainability standards, as defined in the Global Supplier Code of Conduct and Sustainable Procurement Policy;
operate within the boundaries defined in our Group Decision Rights, which includes the requirement that the appropriate procurement group must be engaged prior to initial contact with suppliers;
only use purchase documents (such as purchase orders and schedule agreements) as the mechanism to instruct suppliers to perform work; and
read the introduction to our Code and Group Policies to understand to whom they apply and the consequences for breaching them.

Our general expectations of leaders in relation to Our Code and Group Policies are set out in the introduction.

Our Code

Take a look back at our Code principles related to this policy:

Additional Guidance

Some of these are internal links and only available if accessing from a Rolls-Royce GAD network asset.

Contacts

Some of these are internal links and only available if accessing from a Rolls-Royce GAD network asset.

Take a look back at our Code principles related to this policy:

Pioneering the power that matters

Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet’s vital power needs.