The Procurement and Contracting Unit (PCN) of Ecopetrol´s Shared Services Department is responsible for the acquisition of goods and services nationally, regulated by Ecopetrol´s contracting manual which is available publicly on the link.
The PCN has adopted a Supply Methodology as a systematic model for the strategic procurement of goods and services required by the organization. Their process begins with the planning of these, which identifies those that are of high impact in the organization and entail a high level of expenditure.
Additionally, there are market-referencing methodologies, to thus be able to define the best procurement strategy that leads to the best deal, and it is then implemented and monitored during execution.
Although Ecopetrol does not quantify the weight and volume of materials used due to range of measurements that this implies, the total amount purchased is quantified as well as the number of processes, purchases and contracts through which their supply is ensured. Thus, business was conducted with 1,339 contractors for a value of $12,406 million for direct charge and $1,399 million for specific purpose, through 14,870 processes: 8,172 purchases and 6,698 contracts by means of which 82,466 materials were acquired. This represents 2% less than in 2010 when 84,350 materials were acquired within 13,655 processes, 9,663 purchases and 3,992 contracts, which are set out in the following graph:
In 2011, ECOPETROL´s ECGreen was awarded the Green Vendor Rating Award, awarded by the Technical and Scientific Committee of the International Forum Buy Green1, which enables the company to use the following logo in its corporate communications:
1. The International Forum Buy Green is organized annually by the local Agenda 21, Adescoop (Agency for the Social Economy of Italy) and other public and private entities. The Italian Ministry of Environment participates in the Scientific and Technical Committee.