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Toshiba Group Procurement
Policy
| I. |
Basic Procurement Policy
Toshiba Corporation and its affiliates ("Toshiba Group")
will comply with all applicable laws and regulations, with emphasis
on environmental consciousness, whenever procuring goods and services
necessary for the production and supply of products for its customers.
Toshiba Group will also promote the establishment of good partnerships
with its suppliers based upon mutual trust combined with fair and
open business transactions.
| (A) |
Compliance with Laws, Regulations & Environmental Considerations
Toshiba Group will comply with the laws and regulations of the
countries and regions in which it conducts business. It will
also give due consideration to the protection of the environment
and to the efficient use of its resources. |
| (B) |
Fair and Open Transactions
Toshiba Group will provide all of its suppliers and potential
suppliers, both in Japan and overseas, with business opportunities
on an equitable basis. |
| (C) |
Strengthening of Partnerships with Suppliers
Toshiba Group will strive to establish and foster good working
relationships with its partners and suppliers, both in Japan
and overseas, based upon mutual understanding and trust. |
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| II. |
Policy for Selecting Suppliers
When selecting suppliers, priority shall be given to companies satisfying
the following criteria:
| (A) |
The company complies with laws, regulations and places emphasis
on environmental consciousness. |
| (B) |
The company has sound business operations. |
| (C) |
The company has the ability to supply goods and/or services
to Toshiba Group with emphasis on adequate quality, price and
delivery lead-time. |
| (D) |
The company is capable of providing a stable supply of goods
and/or services. Also the company must have the flexibility
to respond quickly to supply/demand fluctuations. |
| (E) |
The company possesses technology that contributes positively
to Toshiba Group products. |
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| III. |
Supplier Expectations
Toshiba Group conducts business globally, involving a wide range of
products. In order to be successful in this environment, Toshiba Group
must take customers' requests, concerning the procurement of goods
and/or services, into consideration. Therefore, all suppliers are
expected to perform the following:
| (A) |
Compliance with Laws, Regulations and Social Customs
Suppliers are required to ensure compliance with laws, regulations
and appropriate social customs of the countries and regions
in which they operate.
| 1) |
Ensuring compliance with the laws and regulations in
effect in the countries and regions in which they operate
include, for example, anti-trust laws, commercial codes,
subcontractor regulations, foreign exchange laws, personal
privacy laws, copyright laws, etc. |
| 2) |
Prohibition of child and forced labor |
| 3) |
Prohibition against discrimination |
| 4) |
Must maintain a safe and clean working environment |
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| (B) |
Environmental Considerations
Suppliers are encouraged to engage vigorously in activities
to create environmentally friendly products. This is based upon
the conviction that humankind has a fundamental responsibility
to bequeath the irreplaceable global environment in a flourishing
condition to succeeding generations.
| 1) |
Suppliers are encouraged to adopt ISO 14001-based environmental
management systems and to promote third-party certification. |
| 2) |
Suppliers are encouraged to utilize Green Procurement,
which provides for the procurement of parts and materials
that have the smallest negative impact on the environment.
Suppliers are also encouraged to reduce or eliminate use
of potentially hazardous substances. |
| 3) |
Suppliers are encouraged to promote environmental protection
activities, such as, the establishment of positive environmental
policies, the improvement of systems that affect the environment
and to provide training opportunities in the area. |
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| (C) |
Maintain Sound Business Operations
Maintaining sound business operations over the long-term strengthens
business relationships. Accordingly, suppliers are requested
to disclose their management policies and the status of business
operations (including financial statements.) |
| (D) |
Securing Excellent Product Quality
Suppliers are expected to establish a quality assurance system
in accordance with the ISO 9000 family of standards. This system
should help improve and maintain the quality of products delivered
to Toshiba Group.
| 1) |
Compliance with the safety standards of the countries
and regions in which suppliers operate (e.g., UL, CE Marking,
etc.) |
| 2) |
Furnishing goods and services on a continuous basis
satisfying the specifications and quality required by
Toshiba Group. |
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| (E) |
Offering Goods and/or Services at Appropriate Prices
Suppliers are requested to provide goods and/or services at
competitive prices and strive to reduce prices on a continuous
basis so Toshiba Group can provide its own customers with products
that satisfy them financially. |
| (F) |
Firm Delivery Commitment and Establishment
Suppliers are requested to keep delivery commitments. They are
also requested to establish a system for the stable and flexible
supply of goods and/or services enabling them to successfully
respond to rapid supply-demand fluctuations. |
| (G) |
Enhancement of Technological Capabilities
Suppliers are requested to continually improve their technological
capabilities. This will enable Toshiba Group to provide excellent
and safe products to its own customers. |
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Toshiba Corporation Corporate Procurement Div. (Feb. 4,
2005)
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