Supplier Handbook for Stanley Black & Decker

This document is a Supplier Handbook that outlines the guidelines and expectations for suppliers working with Stanley Black & Decker. It begins with a foreword emphasizing the importance of supplier collaboration in maintaining an efficient supply chain. The handbook details the Supplier Relationship Management process, which includes establishing terms and conditions, payment terms, and quality obligations. It also describes the New Supplier Selection Process, which consists of multiple evaluation gates to assess potential suppliers based on strategic fit, competitiveness, and risk management. Additionally, the handbook covers quality assurance measures, including Supplier Quality Audits and technical assessments, to ensure compliance with Stanley Black & Decker's standards. Sustainability and social accountability audits are also highlighted as essential components of the supplier evaluation process. The handbook aims to foster long-term partnerships with suppliers who align with the company's values and commitment to quality and innovation.