A Fair Purchasing Process
Under Our Purchasing Policy, We Choose Suppliers in a Fair and Open Manner
In choosing our suppliers, we have an open door policy that welcomes bids from any company, regardless of nationality, size, or years in business.
In our air conditioning business, information on product specs, desired quality and cost, and delivery times is posted on our website in order to achieve equality of opportunity. Before we start transactions with new suppliers, we use the Supplier Assessment Standard Sheet to judge companies based on their administration, quality, price, delivery, and environmental measures. All companies satisfying these criteria become eligible to do business with us. Suppliers continue to be assessed every year based on our Assessment System for Continuation of Business, of which we constantly update the criteria to keep up with the changing times.
In our chemical business as well, we do business with any supplier meeting our criteria for quality, price, and delivery time. In choosing new suppliers, we use our new supplier assessment standards to assess them in management, quality, technology, manufacturing (price and delivery), and environmental measures. We continue to evaluate whether to continue business by conducting annual evaluations based on our standards for continuing supplier agreements. We use as many criteria as possible in order to evaluate our suppliers fairly.
Purchasing Philosophy and Purchasing Policy
Purchasing Philosophy:
"Respect Independence" and "Cooperation and Competition"
Purchasing Policy:
- Fair relations based on an open-door policy
Provide open, equal, and fair opportunities for all companies, regardless of their locality, size, and sales results.
- Mutual growth through mutual trust
Create open conditions for business dealings and respect free competition.
- Look for good partners
In procuring from overseas, look for companies to share common profit and offer society useful products.
- Observe laws, and maintain confidentiality
Observe laws on business dealings and respect the spirit of these laws.
Subcontract Act
Compliance with the Subcontract Act
Japan's Subcontract Act covers about 3,000 Daikin Industries' suppliers and subcontractors. Our Subcontract Act Compliance Guidelines ensure that all Daikin divisions are in compliance with the Act in respect to matters such as prompt payment. All divisions are made constantly aware of the importance of compliance through both in-house and third party seminars. Comprehensive compliance inspections ensure that appropriate payment methods are being followed.
In fiscal year 2008, we stepped up efforts to abide by the Subcontract Act: self-checks were conducted with an emphasis on compliance with the Subcontract Act across the entire company.
A Fair Purchasing Process