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Purchasing policy
Aware of the importance of optimum supplier management, Caja Madrid has drawn up a policy based on the following principles:
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Among the Sighs of the Sea
María Luz Antón Hinijar
Catalonia and Balearic Islands Directorate
A bid list of suppliers
For each purchasing action, so the business unit which has requested the purchase gets the best possible result.
Transparency
In supplier choice supported on a standardised process and collegiate decision-making under the system of Faculties and Delegated Powers.
Diversification
Of business among various suppliers, to spread out wealth generation.
Objective decision-making
Based on a checklist of selection criteria.
Relaying
To suppliers of values relating to sustainability and the environment.
In order to be able to apply these principles, it is important that suppliers acknowledge, understand and accept them. Caja Madrid is committed to maintaining ethical relationships with suppliers, as part of its wider engagement with promoting sustainable development in the areas where it operates.