Transparent Supplier Chain
Patria and its functions control and develop the Group's strategic purchasing and buying, logistics, partnership and subcontractor networks in a manner that produces the most cost-effective value to its customers and owners. Patria supports its functions in achieving their goals at the customer interface by providing, developing and coordinating the most competitive purchasing, buying and logistics processes.
Patria operates only with suppliers and subcontractors who are ready to comply in their work with the principles of Patria's Code of Conduct.
Patria requires that all suppliers and subcontractors abide by local legislation in all countries in which they operate. When competing for new projects, the significance of the added value contributed by suppliers has increased further. Suppliers providing concrete added value can participate in projects at an early stage as risk-sharing partners, active product developers and by providing support in discharging offset obligations. Long-term projects emphasise suppliers' capability for long-term co-operation on the further maintenance of delivered solutions.
Selection procedure
The selection process includes a due diligence survey determining, among other things, and the potential supplier's risk management as well as the ethics and compliance program with a self-assessment survey. Potential suppliers are also asked to disclose any legal proceedings concerning corruption. Procurement has access to a due diligence tool to support the assessment.
All contracts include a clause stating that the Supplier must comply with all related laws and regulations as well as reference to Patria’s Code of Conduct. In case risks are recognized, they are evaluated and appropriately mitigated. Business units maintain oversight of their supplier base.
Audit programs are performed according to their annual schedules.
Supplier chain management
1. Introduction
Patria and its functions control and develop the Group's strategic purchasing and buying, logistics, partnership and subcontractor networks in a manner that produces the most cost-effective value to its customers and owners.
Patria supports its functions in achieving their goals at the customer interface by providing, developing and coordinating the most competitive purchasing, buying and logistics processes.
2. Operating Principles
Patria requires that all suppliers and subcontractors abide by local legislation in all countries in which they operate. When competing for new projects, the significance of the added value contributed by suppliers has increased further.
Suppliers providing concrete added value can participate in projects at an early stage as risk-sharing partners, active product developers and by providing support in discharging offset obligations.
Sustainability principles are integrated into our supply chain strategy. We prioritize suppliers who share our commitment to environmental responsibility, fair working conditions, and high standards of conduct.
Patria operates only with suppliers and subcontractors who are ready to comply in their work with the principles of Patria's Code of Conduct.
3. Supplier selection procedure
The selection process includes a due diligence survey determining, among other things, and the potential supplier's risk management as well as the ethics and compliance program with a self-assessment survey. Potential suppliers are also asked to disclose any legal proceedings concerning corruption. Procurement has access to a due diligence tool to support the assessment.
All contracts include a clause stating that the Supplier must comply with all related laws and regulations as well as reference to Patria’s Code of Conduct. In case risks are recognized, they are evaluated and appropriately mitigated. Business units maintain oversight of their supplier base.
4. Supplier Collaboration
We believe that strong supplier relationships are essential to operational success — especially in a highly regulated and security-sensitive environment like the defense sector. Our approach is built on mutual respect, long-term partnership, and continuous improvement.
Long-term projects emphasize suppliers' capability for long-term co-operation on the further maintenance of delivered solutions. We build long-term, trusted relationships with our strategic partners.
Trusted Partnerships: We value close collaboration with our suppliers and invest in building long-term relationships based on transparency, accountability, and shared goals.
High Standards: All suppliers are expected to meet strict quality, compliance, and security standards. We provide clear expectations and support our partners in aligning with industry and regulatory requirements.
Continuous Development: We actively engage with our key suppliers to identify opportunities for improvement and innovation.
Performance Monitoring: Regular reviews and performance assessments help ensure that suppliers consistently meet our requirements. We encourage open dialogue and proactive issue resolution. Audit programs are performed according to their annual schedules.
Confidentiality and Trust: Given the nature of our industry, we require a high level of confidentiality and data protection from all partners. All cooperation is guided by strict confidentiality agreements and, where applicable, security clearance protocols.