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Purchasing policy



 We will work to continuously improve our purchasing performance by setting ambitious objectives for cost reduction, value creation and improved performance.We will support being a global sustainable company by following Novozymes targets on economy and standards on quality, environment, social responsibility and business ethical behaviour.

The scope of purchasing is all acquisition of goods and services that will lead to an invoice.

To meet our objectives:

  • We will only purchase from approved suppliers and through approved purchasing systems. 
  • We will select suppliers based on weighted evaluation of relevant factors for the specific area of purchasing. 
  • We will seek standardization of goods and services. 
  •  We will involve the purchasing entity prior to commercial discussions with suppliers. 
  • We will seek to reduce the number of suppliers. 
  •  When collaborating with our suppliers we want to encourage an environmental, social responsible and business ethical behaviour.
  • We will purchase goods and services from the most cost competitive suppliers, based on at least two quotes, when ever possible. 
  •  We are committed to continuously improve our performance. We will encourage our suppliers to do the same.
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