Partners
Growing and developing with our partners while strengthening win-win relationships
Procurement Policy
Hioki aims to continue contributing to the security and development of society by providing customers around the world with high-quality electrical measurement solutions in a timely manner. In material procurement, in addition to quality and supply stability, we will promote procurement activities that consider social aspects such as human rights, occupational safety, the environment, and the well-being of society in collaboration with our business partners and will be sustainable as a united supply chain.
Procurement Policy
- 1.Fair and Equitable Transactions
- -1.In procuring materials, we will promote open, fair and impartial transactions with all suppliers, both domestic and overseas.
- -2.We will conduct sound and sincere procurement activities in compliance with relevant laws and social ethical norms in each country (prohibition of child labor, forced labor, and all forms of discrimination, interruption of relations with anti-social forces, and non-use of conflict minerals, etc.).
- -3.We will provide information necessary for our procurement activities to our business partners and strive to maintain confidentiality by strictly managing confidential information obtained through business transactions.
- -4.We will promptly conduct acceptance and arrival inspections, and thoroughly implement proper payment procedures without delay.
- 2.Mutual Development
- -1.Through our business transactions, we aim to build relationships that enable mutual development as partners, and we will promote transactions that maintain relationships of trust through communication with business partners.
- -2.In addition to quality, price, and supply stability, we will comprehensively and fairly take into account our efforts to fulfill our social responsibilities, and seek a broad range of suppliers worldwide, both domestically and abroad, that can grow together.
- 3.Contribution to Society
- -1.Based on the philosophy of "Contributing to Society," we will contribute to the safety and development of society with our suppliers through sustainable procurement activities.
- -2.Respecting the basic human rights and diversity of individuals, we will endeavor to create a safe and hygienic work environment in which everyone can reach their full potential.
- 4.Consideration for the Environment
- -1.Establish "Green Procurement Guidelines" and strive to procure unavoidably environmentally conscious materials.
- -2.We will work with our suppliers to develop products that are environmentally friendly and to protect the environment in order to build a sustainable society.
Established on November 2005
Revised on January 2019
Revised on February 2022
Purchasing policy briefings
We’ve held an annual purchasing policy briefing for partners since 2009. At these sessions, we explain our purchasing policies and report on recent conditions at Hioki, priority measures, and the state of part quality. In 2022, for the first time in two years, the event was held as a webinar. This format helped participants to better understand Vision 2030 and reinforced our commitment to collaborating with business partners on the goals outlined in our newly formulated Basic Policy On Sustainability. Our annual survey continues gather diverse requests and feedback from business partners. We’re committed to addressing these thoroughly, aiming to further strengthen our relationships with business partners and promote mutual growth.
Engagement with distributors
Through our overseas sales subsidiaries, we collaborate with a large number of distributors, building a broad global sales network. We also provide updates on our management strategies toward the realization of Vision 2030 and recognize outstanding distributors through an award program. These sessions enhance understanding of Hioki and its business environment, while providing opportunities for meaningful two-way communication.
