Genworth's Global Sourcing Team is responsible for the sourcing of products and services for use by the company's operating businesses. At Genworth, we craft sourcing strategies that bridge intra-business expertise to deepen our knowledge base while aligning with corporate objectives. We strategically leverage our cross-business strengths, knowledge, and best practices to deliver value to our domestic and international business units. Our supplier base should deliver products and services that provide the best combination of quality, service, and value.
Strategic Supplier Partnership Initiative Our commitment to deepening relationships and being a customer of choice is evident in our Strategic Supplier Partnership Initiative. Genworth believes in partnering with our strategic suppliers and is committed to awarding and recognizing those suppliers who play a significant role in increasing total value (customer experience, productivity, quality and cost) and helping promote the Genworth Brand in a positive manner. At Genworth, we believe the quality of our suppliers has an impact on our ability to be competitive in the marketplace. Our suppliers' goods and services affect the quality of Genworth’s products and customer experience. Genworth seeks suppliers that share our values of Heart, Integrity, and Excellence. We desire suppliers willing to work towards a breakthrough collaboration style of relationship. Supplier Diversity The Global Sourcing Team works with suppliers to provide goods and services with attention to quality, relationship, value, and service. We ensure that our company engages in supplier relationships that advance our business agenda while seeking to be a customer of choice for our suppliers. To this end, we aim to develop deep relationships with capable suppliers that understand that they could have direct impact on our business priorities. Our track record with a diverse range of suppliers has allowed us to deliver a prudent return to our company and shareholders. Use the links at the bottom of the page to navigate further in this site. Integrity
The Global Sourcing Team is committed to the highest standards of integrity. Genworth has no tolerance for breaches of its Corporate Code of Conduct and expects its’ suppliers to adhere to the same standards of integrity as well. It is against Genworth policy for any employee to accept, request, suggest, or require a gift, payment, or any other benefit, financial or otherwise from a supplier as a condition of conducting business with Genworth. | |
