Local Procurement
Key Material Risk Management
Supplier Evaluation
- Hold regular quality meetings with suppliers to conduct risk assessments, problem analysis, and improvements.
- Conduct annual supplier audits and / or supplier selfassessments.
- If suppliers do not make improvements or if the quality defect rate continues to exceed standards, impose quality penalties according to contract terms.
- Replace suppliers if they encounter major quality issues or if quality problems are not addressed within three months.