Group
Procurement

Overview

Group Procurement is an independent Strategic Functional Group that was setup to facilitate Procurement activities with the following objectives:-

• Maximize cost savings and ensure savings sustainability via volume leverage and strategic Procurements
  
• Improve Procurement organization capability and productivity / quality via standardization & streamlining of the Group’s Procurement processes, policies and procedures, increase product knowledge and supplier management from a pool of sourcing experts
  
• Better service levels i.e. reduced cycle time and better meeting of requirements where Strategic Business and Strategic Functional Groups need only to focus on their core activities
  
• To ensure clear demarcation of responsibilities so as to further enhance transparency & governance

Interested to be our supplier? Read the Supplier Registration Procedure in the section below.

Procurement Integrity

Commitments of the parties

The parties commit to take all measures necessary to prevent corruption in their dealings with the parties

Reporting violations

If any Party obtains knowledge of conduct of the other Party, or of an employee, agent, representative or an associates of that Party which constitutes corruption, or if any Party has substantive suspicion in this regard, that Party will inform the same to the Malaysian Anti-Corruption Commission

Supplier Selection Process

RHB Group Procurement's Supplier Selection Process:

• All suppliers are welcome to register their interest to be RHB's supplier via on-line registration at Group Procurement
  
• RHB Group Procurement will review the registration periodically and assess the registration against pre-set criteria as approved by the Board.
  
• Qualified suppliers will be notified before being officially registered as a RHB supplier. For those who do not qualify, they will also be notified accordingly.
  
• Registered Suppliers will be invited to participate in tender submissions from time-to-time according to their respective categories of business activities.
  
• All tenders are submitted on-line via the E-Procurement system to ensure transparency, efficiency and professional management of the tenders.
  
• To ensure the highest quality of suppliers, goods and services delivered to the RHB Banking Group at all times, the Group's Procurement team and other key stakeholders will closely assess the supplier’s performance. Suppliers who do not conform to the set criteria and competencies will be de-registered accordingly.
  
• All processes implemented by RHB Group Procurement are in compliance with Group Procurement Guidelines and other relevant policies and guidelines within the RHB Banking Group.