Suppliers have a significant impact on Freeport-McMoRan's operations and costs. Supplier and contractor relationships are key to Freeport-McMoRan's success.

Freeport-McMoRan's Global Supply Chain manages strategic and high profile commodities and services on a global, regional, and / or local basis.

In addition to the commercial process, Global Supply Chain manages systems, processes and procedures throughout the supply chain company wide.  At Freeport-McMoRan, the supply chain begins with our suppliers' suppliers and ends with our consumption. Total supply chain costs are managed using the Freeport-McMoRan Hourglass Approach.

Commitment to Suppliers

Freeport-McMoRan commits to conduct all business:

• in a fair and reasonable manner
• with high integrity
• utilizing best available data for decision making
• enabling accountability
• driving innovation and creativity
• fostering open and honest communications

 

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