Materials Procurement
Basic Procurement Policy
Our basic concept in terms of parts and materials procurement is to evaluate every company that applies in a fair and balanced way.
Nidec always aims to grow and advance by offering superior quality, cost, delivery, speed, and service. Based on this concept, we evaluate every company that applies in a fair and balanced way.
We look forward to receiving positive proposals and registrations of interest from companies that desire to grow and advance with us, companies that have locational advantages in terms of proximity to our production bases, and companies that have new technologies or new methods to replace existing technologies and methods.
Basic Procurement Policy
Nidec Group’s Procurement Divisions are ever mindful of integral partnership with our suppliers to pursue the company’s creeds, based on the recognition that all suppliers are our important partners.
We carry out our daily duties of procuring from our supply chain partners strictly following Basic Procurement Policy, in which also our partners are requested to understand and act in adherence with the
principles provided.
1.Compliance
We comply with the purchasing related laws and regulations and all the company’s regulations.
2.Securing Fairness and Equity
We select our business partners with fairness and equity in requesting for quotations or makingcontracts.
3.Open Door Policy
We provide opportunities to do business with all suppliers regardless whether they operate in or out of the country.
4.CSR Procurement
We conduct fair and green procurement, and fulfill our corporate social responsibility as members of Nidec Group.
5.Partnership
We strive to build a collaborative relationship with our supply chain partners through deepening mutual understanding.
We comprehensively evaluate the partner companies from the following viewpoints.
(1) Has good financial health, and is responsible for continuous business with Nidec Group.
(2) Has a clear management philosophy and policies.
(3) Considers the environment with clear environment related policies.
(4) Keeps excellent quality, and developing products with conscious of technical improvement and concerns for the environment.
(5) Discloses the company’s information proactively.
(6) Has risk management system.
(7) Has employee education system.
(8) Has internal rules for non-disclosure agreements.
(9) Complies with all the laws and regulations regardless of internally and externally.
(10) Respects intellectual property rights of others.
(11) Respects human rights.
(12) Be responsible for good work environment
(13) Be active in contribution to society.
(14) Strives to offer competitive prices.
(15) Has an organized system for occupational safety.
(16) Keeps strict observance for a delivery date.
English
Chinese
Nidec Group Supply Chain CSR Promotion Guidebook
We made a “Nidec Group Supply Chain CSR Promotion Guidebook,” which describes the above basic policies in more details for all of our supply chain partners.
Subject to future social landscapes, our customers’ or concerned people’s requests, our corporate policies, etc., the Nidec Group may incorporate the record/lack or contents of our supply chain partners’ CSR activities in general into the conditions for our business transactions with them.
English
Chinese
The Nidec Group Responsible Minerals Procurement Policy
The Nidec Group (“NIDEC”), for the purposes of realizing a sustainable society and respecting human rights, regards responsible minerals procurement throughout its supply chain as an important social responsibility. NIDEC complies with the OECD Due Diligence Guidance *1 to minimize human rights abuse, environmental destruction, funding to armed forces, and other risks associated with its minerals procurement.
1. Subjects to investigations and securing objectivity
Targeting gold, tin, tantalum, tungsten (all considered as particularly of high risk), and minerals believed to contain future risks as subjects of its supply chain investigations, NIDEC, as necessary, revises the range of its target minerals to be investigated based on laws and regulations, industrial guidance, and customers’ requests. In addition, to secure its investigations’ objectivity and credibility, NIDEC promotes minerals procurement from smelters and refineries that are certified by the RMI’s *2 audit program or other equally credible third-party certification programs.
2. Request to our business partners
NIDEC’s business partners are requested to please understand the aforementioned policy, and cooperate with us on our responsible minerals procurement through our entire supply chain. We may, as necessary, ask you to provide information on the countries of origin and upstream suppliers of your company’s products. If any problem is identified such as human rights abuse, environmental destruction, and involvement with an armed force, NIDEC will work with our business partners for prompt corrective actions.
NIDEC regularly assesses and monitors minerals-associated risks, and observes the OECD’s guidance, related ordinances, and the latest social demands for continuous improvement and proper response to such risks.
*1. OECD Due Diligence Guidance:
An international guideline (the OECD (Organisation for Economic Co-operation and Development) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk
Areas) established based on the organization’s Guidelines for Multinational Enterprises on Responsible Business Conduct, to avert risks of companies’ human rights abuse, environmental destruction, and
minerals procurement becoming a source of funding to conflicts, and to build a highly transparent and sustainable minerals supply chain
*2. RMI (Responsible Minerals Initiative):
A cross-industrial organization, formerly known as the CFSI (Conflict Free Sourcing Initiative), to promote responsible minerals procurement