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Business principles

Procurement

The procurement system plays a significant role in today’s challenging market environment where cost reduction is imperative.

The procurement system plays a significant role in today’s challenging market environment where cost reduction is imperative. Procurement is a strategic leverage, which helps company management manage total spending by managing suppliers.

Given that quality in the pharmaceutical industry is imperative, JGL’s suppliers must meet high standards. All materials and services are procured exclusively from approved suppliers that meet all of the requirements of Good Pharmacy Practice.

 

The selection and approval of a new supplier is a complex and lengthy process, which begins with supervision and understanding of the quality process of a potential supplier. Besides the initial verification, both new and long-term suppliers are regularly supervised by evaluating their overall business in addition to the quality system.

 

Due to the long-standing orientation of our company towards socially responsible business, we expect our partners to be committed to protecting the environment, the health and safety of their employees, as well as all stakeholders involved in their business activities. Companies that apply principles of socially responsible business are given priority in the selection procedure, which is a necessary prerequisite for our key suppliers.

 

Besides formal audits and questionnaires that we regularly send to suppliers, we evaluate their social responsibility through everyday work and contacts. Relationships with partners are built on trust, mutual understanding and mutual respect of wishes and needs. Building partnerships creates prerequisites for respecting delivery dates, sustainable and fair prices, and quality of products and services.