Supplier Performance and Relationship Management
Suppliers play a key role in supporting Halliburton's strategic initiatives within supply chain. Suppliers should adhere to the same quality and on-time delivery standards that we at Halliburton strive to provide to our customers.
Suppliers are expected to deliver goods and/or render services in accordance with specifications and requirements stated in contractual terms and purchase orders. Halliburton also expects that all products and services will be delivered on time, by the stated delivery due dates. Suppliers are expected to engage in continuous improvement activities to ensure performance improves over time.
Halliburton conducts periodic supplier performance reviews to ensure continuous improvement and adherence to contractually agreed upon pricing and performance standards. Corrective action plans may be developed to address shortcomings in performance.