Supply chain management

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Supply Chain Management

Policy
  • Improve the standards and implementation of environmental and social evaluation of suppliers, and guide suppliers to continue to improve in environmental and social aspects; initiate the strategic goal of optimizing local procurement, set specific measures to improve local procurement, andPromote local industry improvement and economic development
Short Term Goals
  • Incorporate sustainability requirements into supplier evaluation and establish a dynamic supplier mechanism
  • Promote the use of large-scale and small-scale projects to drive energy conservation and carbon reduction in the industrial supply chain, take inventory of suppliers’ carbon emission data, assist suppliers in formulating carbon reduction goals, and coach suppliers in implementing carbon reduction practices
  • Regularly review the market situation of raw materials and provide reference material preparation levels in the factory
Mid-Term Goals
  • Continue to expand the large-scale small-scale project, and it is expected to be completed in 2026 to drive industrial upgrading.
Long Term Goals
  • Supplier management – the company’s determination and attitude towards implementing ESG, tracking and updating the company’s ESG reform and improvement results, participating in establishing corporate culture, enhancing brand value, etc.
Performance Adjustments
  • The Code of Practice for Sustainable Development stipulates supplier management policies, raw material supplier evaluation operating standards, integrity commitments, and suppliers’ commitments to comply with corporate social responsibilities.
  • Require all suppliers to sign the Supplier Code of Ethical Conduct
  • Incorporate environmental and social considerations into evaluation criteria when selecting new suppliers
  • Modify supplier auditing methods from time to time and conduct audits, including whether suppliers have violated laws and regulations related to the environment and labor rights.
Preventive Remedies
  • Through the collection of business information and development status, the technology and production units can respond in advance
  • Carefully and continuously develop alternative materials to avoid supply interruptions or material supply delays and reduce the risk of single supplier supply
  • Prioritize local procurement and flexibly adapt to production needs