Supplier Management Policy
Ventec regards suppliers as important partners. We are committed to maintain long-term cooperative relations with domestic and foreign suppliers, assist supplier partner to improve supply chain efficiency and quality, also urged the supplier to carry out the environmental protection, improve occupational safety and attaches great importance to human rights. Jointly fulfill corporate social responsibility, jointly establish a sustainable supply chain with stable development and create sustainable business opportunities for mutual growth and win-win.
Supplier Management Measures
- Supplier Screening - In order to ensure that raw materials meet the required quality standards, the quality control system of suppliers is required to obtain ISO9001 and IATF16949 as the target. In addition, The company will first choose suppliers with QC080000/ISO14001/ISO45001 and comprehensive evaluation of theirs technical capabilities, material matching, quality assurance capabilities, supply chain risk, etc.
- Supplier Qualification Maintenance - Regularly assess the performance of suppliers from the aspects of supply quality, delivery, service, storage, transportation, etc. The Company visits suppliers according to the plan and performs site audits to ensure that all indicators meet the company's requirements, promote continuous improvement of the supply chain, encourage suppliers to cooperate with the company's procurement strategy and grow together.
Environmental Protection and Corporate Social Responsibilities
For the sake of reducing environmental load and living up to green citizenship, the company takes charge of hazardous substance in all aspects of product life cycle (product, research and development, procurement, production, transportation etc.). In supplier management, the documentation would be provided by the supplier including RoHS, REACH, local government regulation, the green supplier agreement, environmental material guarantee, harmful material test reports, etc. The company cooperates with manufacturers to protect the environment and suppliers comply with local regulations on labor rights, health , safety, environmental protection, business ethics to work together on CSR.
Conflict Minerals Control
Taking care of humanitarianism and social moral code of conduct featuring realization of humanity and dignity, the Company encourages suppliers promote similar management policies and sign "Quality Assurance Agreements" declaring compliance with conflict-free specifications
in order to prevent against purchases of conflicting metals((Au)、(Ta)、(Sn)、(W)及(Co)) from countries along the Congolese mineral vein such as the Democratic Republic of Congo (DRC) as determined by the United Nations