Lopez Holdings

 

SUPPLIERS AND SERVICE PROVIDERS

Pursuant to its Code of Conduct, Lopez Holdings values its suppliers of goods and services as partners in the pursuit of its businesses. It conducts all business transactions with integrity, and treats suppliers and service providers with fairness and professionalism. It assists them in improving the quality of their services, and follows rules concerning the fair and transparent process of selecting them.

Control of externally provided processes, products and services

Lopez Holdings ensures that purchased products/services conform to specified requirements. The type and extent of control applied to the supplier and the purchased products/services depend on the effect of the purchased products/services on subsequent service realization.

A Purchase Order or Service Contract shall cover information on the purchase, including where appropriate:

a) The processes, products and/or services to be provided;
b) Requirements for approval of the product, procedures, processes and/or equipment;
c) Competence including any required qualification of personnel;
d) External providers interacting with the organizations;
e) Control and monitoring of external providers’ performance; and
f) Verification or validation activities to be performed.

Accreditation and Evaluation

The company’s ISO-certified quality management system requires the accreditation of vendors, as well as their evaluation prior to contract renewal in the case of continuing outsource services.

Lopez Holdings accredits suppliers who agree to its policy on Operation Planning and Control, which lists as part of criteria for the process and acceptance of services the vendor’s agreement to comply with all pertinent laws and standards. These include those that prohibit forced labor, child labor, human rights and environmental violations, bribery and corruption, among others. 

Criteria

Lopez Holdings give importance to the following criteria in accrediting/evaluating suppliers of products and services:

a) Competence and experience in type of engagement applied for;
b) Positive results of or high quality of performance in previous engagements with Lopez Holdings and associated companies;
c) Quick and appropriate response to corporate requirements; and
d) Reasonable price.

 

Lopez Holdings accredits suppliers who agree to its policy on Operation Planning and Control, which lists as part of criteria for the process and acceptance of services the vendor’s agreement to comply with all pertinent laws and standards. These include those that prohibit forced labor, child labor, human rights and environmental violations, bribery and corruption, among others.

 

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CONTACT US

Lopez Holdings Corporation 
16/F North Tower, Rockwell Business Center Sheridan, Sheridan St. corner United St., 1550 Bgy. Highway Hills, Mandaluyong City, Philippines

  • Trunkline: (632) 8878 0000
  • Fax: (632) 8878 0000 ext 2009