Purchasing Guidelines
Since the creation of Molson Coors, there has been considerable focus on coordinating and streamlining purchasing processes between countries and cultures. The vast majority of our materials are procured in developed countries where laws are in place to govern how goods reach the market.
Purchasing guidelines have been established for procuring brewing and packaging materials, an area where we spend millions of dollars to ensure that we produce and ship the highest quality products.
These guidelines are:
- Suppliers of materials and services shall be qualified on their ability to supply material or service in compliance with quality, food safety, legal, service, and environmental, health and safety requirements
- Procedures and responsibilities for evaluation, qualification and disqualification of suppliers shall be in place
- Standards and requirements for materials and services shall be documented and communicated to suppliers
- Supplier performance, including proces ses for validating materials against the specification, shall be monitored and reviewed
- Actions shall be taken to improve supplier performance
In addition to identifying and implementing procurement synergies, two other priorities are developing overall Supplier Principles and a Supplier Awards and Recognition program. We anticipate formalizing both of these initiatives in 2008.
