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7/3, Lakshmi Nagar 3rd Cross St, Vigneshwar Nagar, New Gubera Nagar, Kannika Colony, Nanganallur, Chennai, Tamil Nadu 600061.

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OUR PROCUREMENT STRATEGY

We spend two thirds of our revenues in procuring goods and services from our supply chain partners, making them an invaluable resource to our business, our customers and the communities we work in.

As we deliver some of the largest and most complex construction and infrastructure projects, along with projects at the heart of local communities, our Procurement Strategy sets out how our supply chain partners can help deliver our five values of Lean, Expert, Trusted, Safe and Sustainable, making it clear what we expect of those who we work with and what we hold ourselves accountable to.

As we undertake some of the most significant and complex construction and infrastructure projects—along with initiatives embedded within local communities—our Procurement Strategy articulates how our supply chain partners contribute to our core values: Lean, Expert, Trusted, Safe, and Sustainable. It defines clear expectations for collaboration while holding us accountable for delivering exceptional outcomes.

Guiding Principles:
Preferred Partner of Choice:

Position ourselves as the customer of choice by fostering a seamless and efficient business relationship with our supply chain.

Talent Excellence:

Ensure the right people, equipped with the necessary skills, are in place, supported by a robust talent pipeline and a conducive environment to thrive.

Streamlined Processes:

Implement compliant, transparent processes that leverage cutting-edge technology to benefit both our business and our supply chain partners.

Risk Mitigation:

Proactively manage and mitigate risks through early and collaborative engagement with supply chain partners.

Market Insight:

Collaborate to identify market risks and share forecasts that enable early commitments and targeted investments.

Safety and Well-Being:

Prioritize safety and well-being in every interaction, transaction, and decision, ensuring it remains central to our operations.

Sustainable Value Creation:

Uphold sustainable practices and foster long-term, mutually beneficial relationships with our supply chain ecosystem.

By aligning with these principles, we aim to build enduring partnerships that drive innovation, enhance performance, and deliver lasting value for all stakeholders.

We allocate two-thirds of our revenues to procuring goods and services from our supply chain partners, making them a crucial element of our business, our customers, and the communities we serve.

In executing some of the largest and most intricate construction and infrastructure projects, as well as initiatives within local communities, our Procurement Strategy outlines how our supply chain partners contribute to achieving our core values: Lean, Expert, Trusted, Safe, and Sustainable. This strategy clarifies our expectations for collaboration and our commitments to accountability.

The strategy is built on seven key principles:

  1. Position ourselves as the preferred customer in the supply chain by facilitating ease of business interactions.
  2. Ensure we have a skilled workforce, maintain a strong talent pipeline, and foster an environment that supports excellence.
  3. Implement effective, compliant, and transparent processes, leveraging technology to benefit both our business and our supply chain partners.
  4. Mitigate and manage risks through early and closer integration with our supply chain partners.
  5. Collaborate to identify market risks and share forecasts, enabling timely commitment and investment where needed.
  6. Prioritize safety and wellbeing in all aspects of our operations, ensuring these values underpin every relationship, transaction, and decision.
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