Supply Chain Management
The JUKI Group recognizes its supply chain as a vital foundation for delivering the value of its products and services to customers. As we expand our business globally, there is a growing need to address not only quality, delivery, and cost, but also social issues such as human rights and environmental responsibility. Together with our suppliers, we are working to build a sustainable supply chain and promote responsible business practices throughout our value chain.
Procurement Policy
1. Compliance with Laws and Regulations
We conduct procurement activities with a high level of transparency by ensuring compliance with all applicable laws and regulations and promoting fair and ethical business practices in every country and region where we operate.
2. Promotion of Responsible Procurement
We promote responsible procurement throughout our supply chain by giving due consideration to human rights, labor conditions, occupational health and safety, and environmental sustainability.
3. Mutual Growth and Prosperity with Suppliers
We recognize our suppliers as partners in creating value and strive to build relationships of mutual trust that support shared growth and long-term prosperity.*1
4. Stable Supply and Quality
We place emphasis on securing a stable supply system and enhancing product quality and safety, thereby supporting business continuity and strengthening our competitive advantage.
*1 In supplier selection, we conduct fair and appropriate evaluations based on a comprehensive assessment of factors including compliance with our Supplier Code of Conduct, as well as price competitiveness, delivery performance, technical capabilities, and other relevant criteria.
Declaration of Partnership Building
Our company will focus intensively on the following items in order to build new partnerships by promoting cooperation and coexistence with supply chain partners and business partners that aim to create value.
1. Coexistence and co-prosperity throughout the supply chain, and new collaboration beyond the dimensions of scale and series
By working with downstream business partners through direct business partners (from “Tier N” to “Tier N+1”), we will strive to increase added value throughout the entire supply chain. In parallel, we will aim to build a mutually beneficial relationship with our business partners through collaborations that transcend existing business relationships and company scales.From the perspective of work-style reform, we will also support business partners by providing advice on the introduction of telework and the formulation of BCP (business continuity plans) to cope with disasters and other existential threats.
(Individual items)
a. We will promote mutual use through common EDI utilizing IT.
b. We will promote greening initiatives in accordance with our Green Procurement Guidelines and work with our business partners to manage and reduce environmentally harmful substances.
2. Compliance with “promotion standards”
We will actively correct business practices and commercial practices that hinder the establishment of new business partnerships.
We will comply with prescribed business practices between parent companies and subcontractors (“promotion standards” based on the Small and
Medium-sized Subcontractor Promotion Act).
① Contract price determination method
② Cost burden for mold management, etc.
③ Payment terms for bills, etc.
④ Payment terms for bills, etc.
⑤ Negative effects accompanying work-style reforms, etc.