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How do I become a supplier to Reuters?
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Reuters is always interested in talking to prospective
suppliers that can help us to achieve our strategic
objectives or deliver added value propositions to our
customers. Qualification requirements vary depending
on the product or service that is being offered. In
the first instance complete the Expression
of Interest form and e-mail this to the address
shown. We will consider the information that you provide
and respond to you within 30 days of receipt.
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Does Reuters use electronic trading tools?
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Yes. Reuters is committed to using technology to speed
up its sourcing and buying processes and to reduce administration
costs. The suite of tools we currently employ includes
electronic ordering, automated payment and e-auctions.
Further developments in the areas of "punch out"
links to external catalogues and e-sourcing are also
close to deployment.
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Does Reuters have Preferred Suppliers?
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Normally Preferred status is achieved only after a
supplier has traded with us satisfactorily for a given
period of time and meets the relevant qualification
criteria. These vary depending upon the product or service
being supplied.
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What does "Preferred Supplier" mean,
and what are the benefits?
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Depending upon the individual circumstances benefits
may include multi-year trading agreements; a commitment
to a minimum share of our business and potentially some
form of collaborative relationship e.g. co-marketing,
shared risk and reward or joint ventures.
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Would our systems have to conform to certain
technical standards in order to trade with Reuters?
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At the basic level it is possible to transact with
Reuters with no more than an Internet connection and
an e-mail account. For more information see the section:
Transacting
with Reuters.
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What are Reuters Terms and Conditions of Purchase?
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Depending on the location of the
Reuters entity with which you are doing business, one of
the following sets of terms and conditions will apply.
Reuters in the USA
and Canada will use their own set of terms and
conditions, as will Reuters in Japan (this document will
be published shortly). All other Reuters locations will
use the Global
document. The most appropriate set of T&Cs will
be issued with the PO, and your acceptance of them is a
prerequisite of doing business with Reuters.
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What happens after I register with Reuters
as a prospective supplier?
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We will consider the information provided and respond
to you within 30 days of receipt.
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I currently supply Reuters and would like
to expand this relationship into other countries/regions.
Should I complete the Expression of Interest form?
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No. You should discuss this with your current contact
in Sourcing. If you are not sure whom to contact please
email supplierenquiries@reuters.com.
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