Boeing procurement policies govern the purchase of materials of the right quality, in the right quantity, at the right time, at the right price and from the right sources. All procurement actions are based on conformance with all applicable laws, regulations and contractual obligations. All suppliers and their representatives are treated fairly and impartially.
Boeing determines its own requirements for procurement and selects its own sources of supply. Suppliers and potential suppliers must make their contacts with Boeing through Supply Chain Management. Only procurement agents have the authority to commit to purchase contracts for Boeing.
Our company emphasizes the importance of competitive bidding as a good business practice. We consider ability, capacity, integrity, financial status, geographical locations, performance, reliability, quality of product, delivery and overall customer-supplier relations in evaluating a potential supplier before and during a purchase contract.
Boeing is committed to the use of e-enabling tools and services to share information, exchange technology and work together better with our suppliers. Boeing is a founding partner in Exostar, the online aerospace and defense trading exchange. All our suppliers are encouraged to register with Exostar and join the exchange. For more information, go to http://www.exostar.com.