As Murata operates its businesses globally, not only Murata but also its supply chains including suppliers are required to fulfill their social responsibilities. Therefore, we request our suppliers to perform the following acts.
We request our suppliers to comply with laws and social norms applicable in the countries or regions where they do business.
To maintain continuous transactions and build collaborative trusting relationships, we request our suppliers to promote sound and fair business practices. We also ask our suppliers to appropriately disclose their administrative policies and business conditions, including financial conditions.
To supply products with superior quality quickly, we value quality and delivery date. So, we seek to deal with suppliers that can observe a set quality and delivery date, and steadily supply materials.
To provide less environmentally impacted products to our customers, we observe initiatives for Green Procurement. So, we seek to deal with suppliers that already established an adequate management system and that can provide less environmentally impacted products.
As we all know, the electronic device industry has very rapid technological innovations and short product lifecycles. Meanwhile, price competition is fierce, continuously requiring us to develop new products and offer them at reasonable prices in accordance with customer needs. So, we seek to deal with suppliers that can provide new materials and lower cost through Value Engineering.
As mentioned above, technological innovation occurs rapidly in the electronic device industry, making provision of information the most important issue. Client requirements pertaining the environment and global environmental conservation laws are becoming more stringent every year. So, it is necessary to obtain the latest information on technology and products/materials. We seek to deal with suppliers that can provide such information.
The electronic device industry has very rapid technological innovations and short product lifecycles. To respond to varying customer requests rapidly and flexibly, shortening material procurement lead-time is one of the most important issues for us. So, we seek to deal with suppliers that can shorten material procurement lead-time by rapidly and flexibly dealing with market changes.
We strive to provide as much information as possible for transactions with our suppliers. Some of the information provided includes our trade secrets. So, we seek to deal with suppliers that can keep the provided information confidential.
We believe that exchanging information with our suppliers through information technology and networking will be vital for speeding up businesses and strengthening our relationships with suppliers. So, we seek to deal with suppliers that can prepare and utilize an information technology environment.
