Sanchez Energy has in place a disciplined qualification process for suppliers. Once a functional area has determined the operational requirements, Supply Chain Management clearly communicates those requirements to potential suppliers. Potential suppliers and their capabilities are assessed on operational criticality and level of risk associated with the material or service required. Considerations include:
When selecting a supplier, we evaluate the bids submitted and make an award determination that represents the best overall value to the company. This value often includes, but is not limited to, quality, technical capabilities, and commercial factors.