Supply Chain Management
PI Advanced Materials connects people, society, and the world by realizing the potential of Polyimide
through creative innovation technology.
Supply Chain Management
In order to manage supply chain risks, PI Advanced Materials intends to implement a number of management policies, such as shared growth and fair trade compliance strategies, partner company codes of conduct, and purchasing policies.
Supply Chain Management Strategy
Supply Chain Management System
PI Advanced Materials is working to create a robust supply chain through a three-stage management process from an ESG perspective that includes supplier registration screening, contract performance evaluation, and follow-up management.
Step 1 Supplier registration
Disclosure of registration-related information
Sourcing excellent suppliers
Step 2 Performance Evaluation
Supplier evaluation, once/year
Step 3 Follow-up
Penalty
Sourcing Refresh / Quality Audit
Supply Chain Registration Process
Apply for supplier registration
Review of basic qualifications
Fact-finding survey
Quality TEST
Register as a supplier
Performance Evaluation
Evaluation grade: A (90~100 points), B (80~89 points), C (70~79 points), D (60~69 points), E (less than 60 points)
| Evaluation items | General status | Due date | Price |
|---|---|---|---|
| Evaluation contents | Credit evaluation, transaction performance | Late payment rate | Price competition rate |
| Quality | Environment | Cooperation |
|---|---|---|
| ISO9000 series certification, Defect rate, countermeasures against defects, and the availability of measurement equipment |
ISO14001 certification, environment | Customer notification, Participation in cost reduction |
Follow-up
Supplier risk management: Regular/regular audit of suppliers
Criteria for Cancellation of Supplier registration
- 01 Suppliers that are unable to operate normally due to business interruption, such as bankruptcy due to poor management
- 02 Suppliers that hinder market distribution and manipulate dumping
- 03 Suppliers who do not supply without justifiable reasons
- 04 Suppliers that are not capable of producing products of the required quality or are not competitive
- 05 Suppliers deemed impossible to trade with as a result of internal audit
- 06 Suppliers with ratings of less than 70/100 were determined to be unavailable for business as a result of the post-evaluation
- 07 Suppliers that the evaluation manager determines are impossible to trade with
- 08 Suppliers whose products contain substances exceeding the acceptable standards for environmental substance level 1