DNA purple background

Procurement Mission

Home Vendor Resources Procurement Mission

PROCUREMENT MISSION, VISION AND VALUES

At PPD, we rely on thousands of vendors globally to provide the products and services needed to serve our biopharmaceutical industry clients and support our company’s locations worldwide. We value the long-standing collaborative relationships that have been established with our vendors. Our procure-to-pay process strives to obtain the best value and highest-quality products and services while adhering to the standards outlined in our vendor code of conduct.

MISSION

Our mission is to provide services adding value and improvement in support of PPD’s business success. Our procurement team is committed to acting, in accordance with best practices, as a leader among service providers, recognized for innovative and high-quality, cost-effective approaches to meeting and exceeding our internal and external customers’ expectations.

The procurement team takes pride in applying its core values:

  • Understanding and responding to our internal and external customers’ business needs and challenges and constantly changing market conditions;
  • Seeking, establishing and maintaining vendor relationships that meet our requirements while providing the best value at the lowest total cost, with minimal supply chain risks;
  • Improving processes to facilitate ease of procurement, drive innovation and to reduce transactional costs through continuous streamlining of the procurement processes;
  • Taking a lead role on all strategic procurement initiatives;
  • Remaining open, competitive and fair in our business practices;
  • Conducting all business in accordance with PPD policies and procedures, and in compliance with all legal and regulatory requirements.

VISION AND VALUES

Our mission is to provide services adding value and improvement in support of PPD’s business success. Our procurement team is committed to acting, in accordance with best practices, as a leader among service providers, recognized for innovative and high-quality, cost-effective approaches to meeting and exceeding our internal and external customers’ expectations.

The procurement team takes pride in applying its core values:

  • The procurement team is expected to provide excellent customer service to PPD’s internal stakeholders (timeliness, commitment and proactivity).
  • We work cooperatively with shared purpose and vision, and promote collaboration and a sense of harmony and community.
  • We value and respect the individual while fostering an atmosphere where teams can flourish. Success comes through recognizing everyone’s skills and having a diverse range of experiences and contributions.
  • We serve the best interests of PPD in our overall professional procurement practices and act ethically, and with integrity, discretion, honesty and professionalism.
  • PPD must make every effort to be inclusive of diverse vendors in the countries where we conduct our business. It is procurement’s goal to include the use of diverse vendors to provide goods and services as part of our corporate procurement process. Procurement recognizes that vendor diversity creates a competitive advantage and positively impacts the global community and the countries where we conduct our business. Procurement believes that future success depends on enabling diverse businesses to share and grow in the global market.