SUBARU intends to procure parts, materials and equipment that are of high quality, environment-friendly and competitively priced, which will contribute to the realization of our corporate philosophy. To have such procurement possible, we think it is important to establish solid relationships with suppliers, trusting and learning from each other on an equal footing for prosperous co-existence.
SUBARU has been promoting procurement activities under the following basic policy.
1) Compliance & Green Procurement
We will engage in procurement activities in a way to harmonize man, society and the environment and conduct transactions paying due care to observe legal and societal rules and to protect the environment.
2) Establish Best Partnership
We will establish "WIN-WIN" relationships with suppliers through transactions based on mutual trust under the doctrine of good faith.
3) Fair and Open Way of Selecting Suppliers
In selecting suppliers, the door will be wide-open to all firms, domestic and overseas, for fair and equitable business to procure goods and services most excellent from six perspectives: quality, cost, delivery, technical development, management and environment.
We have been working to faithfully observe laws and regulations related to the procurement business such as the Anti-Monopoly Act and the Act against Delay in Payment of Subcontract Proceeds, Etc, to Subcontractors. We also are promoting programs for fair business transactions along the "Fair Trade Guidelines of the Automotive Industry" announced by the Ministry of Economy, Trade and Industry in June 2007. As a part of the promotion, consultation service is provided to suppliers in our supply chains.
Through explanatory meetings on quality and procurement policies, communication with suppliers is being promoted. They also are advised that a contact is available for consultation on any compliance issues.
To promote CSR activities with suppliers, we plan to issue CSR procurement guidelines with such items as safety, quality, human rights, labor, environment, compliance and information disclosure incorporated.