Supplier Registration Process

If you are interested in becoming a HSBC supplier, you must:

• Review the Rules of Engagement
• Review and sign off to the HSBC's Ethical Code of Conduct
• Complete the Supplier Registration Form. Browse the topics below to learn more

What We Look For
HSBC has a broad array of purchasing needs with requirements that vary by location or operation. Click on the link Vendor Products and Services to view our current list. When selecting suppliers, we look for:

• Continued and measured value creation throughout the business relationship
• Creative and innovative solutions and efficient service
• Industry reputation and experience
• Demonstrated quality and Sustainable program
• Commitment to confidentiality
• Adherence to privacy and established security standards
• Appropriate types and limits of insurance
• Technological capabilities (EDI, eCommerce, automated tracking/reporting, etc.)
• Cost control systems

The Registration Process

1. Complete the Supplier Registration Form.
2. Your application will be entered in our supplier database.
3. When a sourcing event is initiated that your company could potentially fit, your supplier application will be given consideration for the current and/or future opportunity.

If you are an incumbent supplier and wish to update your profile including your Products and Services on the Registration Form, click Registration (http://hsbc.aecglobal.com) and login with your ID and Password and click Update.

Supplier Evaluation and Selection
Supplier relationships are established through a fair and competitive selection process. This process is designed to ensure optimum quality, service, and value for HSBC and its customers.

These are the selection process steps HSBC uses to establish supplier relationships:

Phase I:  Opportunity Assessment

• HSBC identifies a business need
• HSBC develops the requirements definition
• HSBC performs a market analysis
• HSBC determines sourcing strategy

Phase II:  Solicitation/Preliminary Evaluation of Supplier Proposals

• HSBC develops the supplier list 
• HSBC develops a RFx (Request for Proposal, Request for Quotation or Bid)
• HSBC issues RFx, including HSBC's standard contract terms, to invited suppliers
• Supplier prepares and submits proposal in compliance with HSBC contract terms
• HSBC receives and evaluates supplier proposals
• HSBC develops short list
  

Phase III:  Selection and Award

• HSBC performs due diligence and preliminary negotiation (this may include supplier presentation and/or visit to supplier's site)
• HSBC finalizes and documents negotiated business and legal terms (contract)
• HSBC conducts internal recommendation and review
• HSBC approves final contract transaction and submits to supplier for acceptance
• HSBC and supplier execute mutually agreed upon contract document, and award is made
• HSBC and supplier implement executed contract
  

Phase IV: Contract Management

• Delivery of products or services is managed to contract terms
• Relationship is continuously evaluated throughout term of contract.