Supply Strategy

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Purchasing Plan for Penfield Inc.

Mission Statement:

Penfield Incorporated's Purchasing Department Mission is to provide cost savings to our corporate operations, while ensuring honesty, superiority and effectiveness as we achieve a top in class procurement process. Our teamwork is based on open cooperation within departments and creative solutions with customer-focused goals.

Vision Statement:

The goals of the Purchasing Department is to provide material and support at the best value for the entire company in a timely manner, and stimulate participation in Penfield Incorporated's process with current, new, and local vendors to continually reduce costs and provide value to its customers.

Goals & Objectives:

Penfield Incorporated's Purchasing Department goal is to maintain a continuous supply of goods and services for all departments of the company, ensuring delivery of an acceptable quality of goods and services in a timely manner at the best possible price. In order to attain these goals, Purchasing has the following objectives:
?    Purchase goods and services for the company's use at the maximum end-use value per dollar spent, securing competitive bids when appropriate.
?    Develop reliable alternate sources of supply to meet company requirements.
?    Treat all prices and technical information submitted by suppliers as confidential in order to preserve a good business reputation and obtain competitive prices.
?    Maintain liaison with vendors providing goods/services to the company, including the resolution of complaints regarding those goods/services.
?    Maintai ...
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