As a diversified global pharmaceutical company, Humco recognizes the value of unique and diverse perspectives in our global operations and from our supply chain partners. The development of long-term, mutually beneficial relationships between Humco and its key suppliers is of great importance to Humco. Our main focus is on the strategic and tactical objectives of both parties and includes high-level commitment and involvement, joint objectives and honest, open and timely communication. We believe that collectively across our Company and supply chain, our individual experiences allow us to better meet the needs of our customers and their patients and further our work to help people live longer, healthier lives.
Holding our suppliers to the highest standards, we expect them to deliver sustainable solutions while operating at high ethical standards and adhering to fair business practices. These suppliers are part of regional, national and international supply chains that are involved in the manufacturing process for Humco’s products.
Humco’s procurement follows a strategic sourcing process to identify the best suppliers and works with internal teams to ensure we obtain the best value from our suppliers in terms of quality, cost, service and delivery. We understand the value these businesses bring to Humco and strongly encourage them to participate in our competitive bidding processes.
We appreciate the benefits of supplier diversity and consider small and diverse businesses to be an asset to our company and are continually seeking to develop long-term relationships with suppliers in the Small Business Administration (SBA) program, including:
- Small Businesses
- Minority Owned Businesses
- Woman Owned Businesses
- Small Disadvantaged Businesses
- Historically Under-utilized Business Zone Businesses
- Veteran and Service-Disabled Veteran Owned Businesses