Together with our Business Partners
Together with our Business Partners
Basic Guidelines of Yokohama Rubber’s Procurement
Yokohama Rubber Group is aiming for co-development under fair and equal trading as our basis, by establishing the sense of trust to realize our co-existence and co-prosperity. Especially, we will proceed with our activities to establish our credibility; for example by developing our CSR activities to our business partners, green procurement, and co-research as examples.
Basic Guidelines
- Procure optimum raw materials, equipment, and construction.
- In order to provide better products, we will continue to procure/order optimum raw materials, materials, and construction.
- Trading with fairness and impartiality
- We will conduct fair and equal trading based on the notion of free competition.
Also, we source all our business partners from all over the world through global perspective. - Reasonable selection of our partners
- As for the selection of our partners, we will determine them based on economical reasonability under consideration of comprehensive perspectives; their quality, price, stable supply, ability for technology development, and environmental friendliness.
- Partnership
- We will establish an equal and fair cooperative relationship through healthy trading with our business partners; we will enhance mutual understandings and credibility to achieve growth with one another.
- Compliance
- During our procurement activities, we will abide by all the related regulations and social standards in addition to not disclosing any confidential information we came to know during trading.
Also, we will try not to conduct any misleading behavior by reflecting onto our socially accepted ideas. - Harmony with the environment
- We will try to purchase raw materials with a lesser burden to the earth environment.
Utilizing Locally Sourced Raw Materials as well as Realizing Co-existence and Co-prosperity with Local Communities
Due to the globalization of its business, the Yokohama Rubber Group promotes the use of locally sourced raw materials in consideration of quality and cost. These activities enable us to avoid supplier risk by diversifying our procurement sources and to reduce logistics as well as inventory costs. This also helps us to contribute to the development of local industries and build good relationships with our local suppliers.
At plants in China (Suzhou Yokohama Tire Co., Ltd. and Hangzhou Yokohama Tire Co., Ltd.), we have already switched over to the use of local products. Furthermore, at our plant in Russia (Yokohama R.P.Z.), we are procuring raw materials from the CIS (Commonwealth of Independent States) and Russia. Furthermore, at the plant in India where operations were launched in the summer of 2014, we will promote the use of local raw materials concurrent with plant establishment and build positive relationships with local suppliers.
Responding to Conflict Minerals
At the Yokohama Rubber Group, we endeavor to take into consideration human rights and the environment in our global procurement activities. As part of these efforts, we do not intentionally use minerals (tantalum, tin, gold, and tungsten) from conflict areas in the Congo. In addition, to make sure that we are not using conflict minerals, we request that business partners conduct investigations and confirmation.
