Procurement Practices

The Andersons Corporate Procurement Team strives to provide standardized processes along with corporate wide agreements for all our business groups to benefit from. We value the importance of competitive bidding and when selecting a supplier of choice, we consider price, capability, integrity, geography, financial stability and customer service. If you are looking to provide goods or services to The Andersons, please follow the link on the right to Register Your Company.  We look forward to hearing from you.

Payment

The Andersons is committed to using technology that makes doing business with our company quick and easy. We use Coupa to transmit purchase orders, receive electronic invoices, manage contracts and conduct sourcing events. There is no cost for our suppliers to transact with us through Coupa. For more information on Coupa, please visit the Using Coupa page.

Our standard payment terms are net 45 days for payment by check. However, The Andersons promotes ACH as the most cost-effective method of payment. Suppliers that enroll in ACH payments will have net 30-day payment terms. To enroll in ACH payment, please complete and return the ACH authorization form found under here.

Master Contractor and Service Agreements

Before providing services at our facilities, suppliers/contractors must be signed up and have an acceptable grade with ISNetworld, a third party risk assessment provider for The Andersons. More information about about ISNetworld can be found here.

You must also complete a Master Contractor Agreement or Master Services Agreement. These agreements are initiated by The Andersons and sent electronically to the supplier via Coupa. Proof of workers’ compensation coverage and a certificate of insurance showing all coverage and limits as noted in the agreement must also be approved by our corporate insurance department prior to the start of any onsite work. 

Four Groups. One Company.

The Andersons grows enduring relationships through extraordinary service, a deep knowledge of the market and a knack for finding new ways to add value as we have done for 70 years.

Grain
Plant Nutrient
Ethanol
Rail