How We Buy

The FirstEnergy Supply Chain department uses a strategic sourcing model, which provides suppliers more information and research on how their products and/or services fit into the Company's overall strategies and goals.

We use a variety of purchasing methods to obtain necessary goods and services, including:

  • Standard RFP offerings
  • RFx
  • Straight bid
  • Reverse auctions
  • Negotiated agreements

 

Our criteria for purchasing a product or service may include:

  • Total Cost of Ownership (TCO) model
  • Value added
  • First cost
  • Safety
  • Environmental commitment
  • E-enabled business

 

In addition, we maintain a proactive Supplier Diversity Program as an extension of our corporate commitment to promote diversity at every level of our Company.