With close to 15,000 employees and operations in more than 60 countries, we source a wide variety of goods and services from more than 20,000 suppliers. We are always on the lookout for business opportunities that fit in with the company’s strategy and requirements.
Yara maintains regular contact with many different suppliers, ranging from local service providers to global producers of raw materials, logistical services and technology. Yara's suppliers are among our recognized Business Partners, and it is in our best interest to foster these relationships.
We want to ally with Business Partners that share our high focus on ethical values.
Yara works according to internationally recognized and endorsed standards in key areas such as international human rights, business ethics and labor conditions. This is emphasized further in the company’s Code of Conduct. We expect our Business Partners to do the same and are committed to working only with partners that fulfill this requirement. Yara is prepared to sever business relationships with partners who fail to observe our Code of Conduct.
To comply with the UK Bribery Act of 2010, which applies to both companies and individuals, we have developed the Yara Integrity Due Diligence (IDD) framework, which is implemented in all Yara companies. By reviewing potential and existing suppliers, and working with our suppliers to explain our standards, we can ascertain that they progress and abide by them.
Supplier Relationship Management
Yara has recently launched a standard Contract Management System (CMS) to improve collaboration with suppliers.
The CMS is a powerful end-to-end procurement management system that delivers a safe and compliant sourcing and contract online solution for Yara and its business partners.
All future sourcing events with suppliers (RFPs, RFIs) and contracts shall be handled through the CMS. The system includes two modules on how we cooperate with our suppliers:
- Part one – Sourcing Suite
- Management of tenders: RFI, RFP, e-auctions
- Part two – Contract Suite
- Contract lifecycle management
Visit the Contract Management System page to discover more.
The Local-Central balance
Finding the optimal balance between local presence and centrally coordinated activities is vital. Yara's Central Procurement Department is responsible for our overall procurement strategy, governance, processes, support and tools, and also coordinates our procurement network between all countries.
Building local market knowledge and staying close to customers is also essential. Understanding specific local needs ensures that they are covered by procurement strategy.
By operating according to these principles, Procurement aims to find optimal solutions while safeguarding quality of supply.
In addition to the local-central split, Procurement is organized into categories across countries, thus ensuring that potential synergies are identified and captured. Procurement must also focus on identifying synergies cross-site or across countries, while basing procurement strategies on a global perspective.