Our Procurement Objectives
At ESB, the procurement of supplies, works, services are carried out in a manner which meets our commercial and business needs. All procurement is carried out in accordance with applicable procurement law and the Code of Practice for Governance of State Bodies.
All procurement decisions in ESB are commercially focused and aim to ensure the best value for money is obtained for the company.
ESB Supplier Charter and Requirements for Third Parties
ESB expects all suppliers/contractors providing goods, services or works to ESB and/or on behalf of ESB to conduct their business in an honest and ethical manner, in accordance with all applicable laws, and to respect internationally recognised human rights.
The Supplier Charter sets out the basic principles that ESB expects of suppliers/contractors. Suppliers/contractors doing or wishing to do business with an ESB company should familiarise themselves with the related terms of their contract(s) with ESB and the Requirements for Third Parties which impose specific obligations in relation to these matters.
ESB aims to ensure that sustainability is embedded across every function, including procurement, as an essential step towards our goal of making a contribution to the company's sustainability vision and society as a whole.
We are committed to sustainably minimising waste in all our operations. We consider waste minimisation in the procurement of material, equipment and associated packaging. It is our intention to progressively move to electronic means of transacting business with our suppliers.
ESB’s policy is to pay undisputed supplier invoices within the agreed terms of payment. ESB’s standard payment terms are Nett Monthly Account. We are committed to complying with the terms of applicable late payments legislation.
ESB is a signatory to the Prompt Payment Code of Conduct. Please click here for further information on this system here.
As part of our programme for continuing process improvement, ESB’s payment procedure is moving to electronic delivery of both purchase orders and supplier invoices to replace our current scanning and manual input process.
E-Invoicing offers many benefits to suppliers including the elimination of paper invoices and the availability of real time "Invoice Status” data. This reduces collection and administrative costs, as well as facilitating timely and predictable payments.
Ariba Inc. is our business partner in providing this solution. Ariba provides the software and communication channels for the data exchange and support during supplier enrolment. There is an administrative cost for suppliers to use the Ariba Network, but we believe that this cost will be outweighed by the advantage of saving time, paper and postage costs. For more information on Ariba, click here.