With technical innovation in the electronic device industry constantly in high gear, dealing with these innovations is a constant challenge. Moreover, regulations related to protection of the global environment and environmental requests from customers are increasing year by year. Because of this, we must constantly obtain information on new technologies and new products (materials). We therefore seek to deal with suppliers who can provide such information.
As indicated above, technical innovation is very fast paced and product life cycles are extremely short in the electronic device industry. This is just as true at Murata, where reducing the lead-time for material procurement is one of our most important issues, in order to ensure customer satisfaction by responding promptly and flexibly to client requests. This is why we expect our suppliers to shorten material procurement lead-times to rapidly and flexibly deal with market changes.
We try as much as possible to provide our suppliers with information that is needed to complete transactions. Some of the information provided includes Murata’s trade secrets. Accordingly, we seek to deal with suppliers who can and will keep the information provided confidential.
We do not conduct business with companies that have ties to organized crime groups, commonly known as “anti-social forces” in Japan.
We therefore demand that our suppliers do not do business with companies associated with organized crime.
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