Procurement Policy

PT Bundamedik Tbk ensures that procurement processes are protected within a fair business environment by complying to existing regulations and the principles of Good Corporate Governance. To accomplish this, Company refers to the following regulatory points:

1. Procurement of Goods/Services within the Company and its subsidiaries conducted through one independent functional unit, that is directly accountable to the Corporate Financial Director.
2. Procurement of Goods/Services within the Company and its subsidiaries are directed to a competitive working environment, emphasizing in obtaining goods and services at the highest quality possible with the most competitive prices through a fair procurement mechanism according to the Guidelines for the Procurement of Goods/Services PT Bundamedik Tbk.
3. Procurement of Goods/Services within the Company and its subsidiaries are independently managed and developed in regard to the fulfillment of the principles of good governance including the principles of accountability, efficiency, effectiveness, competitiveness, transparency, fairness and reasonable.
4. The mechanism of procuring goods/services within the Company and its subsidiaries is developed within the framework of guidelines and procedures related to procurement of goods/services that are adequate and in accordance with the principles of good governance.
5. Procurement of Goods/Services within the Company and its subsidiaries are directed through the support of adequate information technology systems and fulfilling the principles of good governance.
6. The whole process of procuring goods/services of high value and/or large volume and/or having a broad impact on the main business process will be first assessed by a feasibility assessment through an independent Procurement Committee comprised of cross-business units representing independence, expertise, experience, and diversity of backgrounds.
7. The Procurement Committee is directly responsible to the President Director.
8. The process of procuring goods/services is carried out efficiently and effectively with the potential to shorten supply chains.