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BEING A SUPPLIER OF SOCIÉTÉ GÉNÉRALE GROUP


The Sourcing Division’s objective is to contribute to the Group’s operational efficiency and the control of its operational risks. Its supplier relationship management is based on the Group’s Corporate Social Responsibility approach (CSR).

SUSCRIBING TO OUR STRATEGY AND WORK ETHICS

4 major lines of work:
   Act in collaboration with the Group entities representatives, far ahead of the negotiation process to standardize and consolidate our requirements
   Consolidate and globalize volumes on the largest baseline, including in international locations
   Ensure the operational implementation and performance management of contracts
   Therefore contribute to the Group operational efficiency

This strategy lies in knowledge, analysis and coordination of the supplier markets through an eSourcing tool called Tool@chats: it occasionally results in the use of reverse auctions. 
The suppliers are guaranteed a fair treatment within the context of free and fair competition More specifically, the same level of information is provided simultaneously to all suppliers approached in a request for proposals and at the close of the process, everyone is informed of the reasons for the decision made by the Société Générale Group.

Société Générale requires from the suppliers to keep strictly confidential the elements which are communicated to them (e.g. specifications) and ensure the same degree of protection for the information they provide.

The buyers also operate under strict compliance rules which are specified in the Société Générale Group Code of Conduct. Professionally, they comply with the confidentiality of the conditions proposed by the suppliers, the provisions of the various countries and markets regulations in terms of rights, and refuse any agreement of reciprocity. Personally, they will not accept any gift.

 

 

 

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