Purchasing Philosophy and Expectations

All purchasing, materials and logistics, and payment processes at Aera are aligned to support Aera core business processes and achieve Aera’s Purpose of  “creating success for those we touch.” Purchasing focuses on the following principles:

• A philosophy and practice of continuous improvement.

• A commitment to industry-leading safety performance and the application of behavioral-based safety in the workplace

• Ensuring Aera’s suppliers share and conduct business in alignment with Aera’s Purpose, Vision and Values.

• A philosophy and practice of paying suppliers on time.

• A commitment to fair competition. Aera is open to all suppliers, regardless of nationality, size, or whether they have done business with us before.

Aera believes in developing mutually beneficial, long-term relationships based on trust where the relationship benefits both the supplier and Aera. To foster trust, we nurture a collaborative relationship, measure performance, are accountable to each other and foster extensive communication with suppliers.

Ethics Expectations: Aera expects that our employees and suppliers observe the highest standard of business conduct and ethics. We believe that ethical and honest behavior is a fundamental requirement for conducting business. Our company’s reputation, like an individual’s reputation, is one of our most valuable assets. One of Aera’s Core Values is “Honesty, Integrity, and Respect.” Each employee and supplier must demonstrate behavior consistent with this core value.