These guidelines define business transaction standards which shall be applied to all Hitachi Management Partner Corp. (hereinafter 'Hitachi MP') executives and employees in connection with their activities purchasing necessary materials, products, services, and information from outside sources.
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Hitachi MP shall maintain proper partnerships, mutual understanding, and reliable relationships with suppliers with a view to the long term results.
- Hitachi MP shall treat all suppliers impartially and be prohibited from favoritism such as giving unfair priority to any specific suppliers.
- Hitachi MP respects fair business dealings with suppliers and will avoid any improper act which might cause a loss to a supplier apart from normal and customary business transactions.
- Hitachi MP shall keep suppliers’trade secrets strictly confidential and prevent them from being revealed or improperly used.
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Hitachi MP develops suppliers to maintain competitiveness from a worldwide point of view.
- Hitachi MP responds to all suppliers’ offers sincerely, and is always willing to offer the information necessary for suppliers to complete on an even playing field.
- Hitachi MP shall periodically check and review suppliers’ performance and will consider offering more advantageous business opportunities when comparison with other resources allows.
- Through a designated selection process, suppliers shall be evaluated by product quality, reliability, delivery, price, suppliers’ business stability, technical development ability, and so on.
- Hitachi MP shall not request quotations from suppliers with whom there is no intention to enter into a future business relationship.
- In accordance with specified internal procedures, the role and responsibility for specifications, terms and conditions, product acceptance and inspection belongs to each Requester, Procurement Department and Inspection Department.
- Procurement Departments shall be a representative of Hitachi MP when contracting with suppliers.
- Hitachi MP members are prohibited from receiving any personal gifts or offers from procurement partners.