Belo maintains a supplier relations program designed to ensure that an adequate number of qualified suppliers are available to meet the Company's operating and growth demands. The Company relies on this supplier base to support various needs outside of its core competencies. Carefully selecting qualified suppliers enables Belo to benefit fully from today's global economy, achieve our business objectives and adhere to the Company's core operating principles. Belo also takes a partnership approach with suppliers as part of its commitment to the economic development of the communities where we do business. Current or potential suppliers are expected to demonstrate the following key performance attributes: - Quality Assurance -- programs that ensure the goods and service provided meet the specified requirements
- Customer Service -- commitment to meeting or exceeding the expected results and overall responsiveness to Belo and its operating companies' needs
- Financial Stability -- ability to meet general financial standards for the supplier's industry and maintain adequate insurance programs to minimize the risks of doing business
- Innovation -- commitment to enhancing the goods or services offered and identifying creative alternatives to lower Belo's total cost of ownership for such goods or services
|
