Business Partner Capability Development

In addition to paying attention to every step and every process of sustainable and efficient procurement, OISHI also places importance on developing the potential of its partners to strengthen their confidence in creating quality products and sustainable growth together.

• Sustainable Supplier Management
OISHI selects suppliers with good governance and production standards that comply with laws and international standards, and are ready to cooperate with OISHI for sustainable development in both industrial and social sectors. Therefore, the selection of all new trading partners must pass the assessment criteria according to the sustainability policy, with transparency, proper nutrition, display product information containing genetically modified (GMO) Genetic and trans-fat products in order to determine guidelines for the use of food ingredients for maximum benefit and safety for consumers.

In addition to that, procurement is monitored and the price is compared with the quality because it affects the cost of doing business. There is also the recruitment or development of new partners or new sources of raw materials and the appropriate consolidation of the purchasing volume each time. This is to create interest among partners, create competitive opportunities, and increase bargaining power to ensure that the raw materials supplied are of good quality, reasonable prices, and in sufficient quantities to meet demand. The Company reviews the prices of products and raw
materials regularly in order to ensure that procurement is always appropriate and in line with market conditions.

• Important Criteria for Selecting Partners
- Have terms, policies and qualifications that meet OISHI guidelines with good governance and responsible for trading partners, society and environment.
- Have examination results on product certification from accredited agencies and the establishment has been certified according to the relevant requirements and standards, from raw materials to production process, quality inspection, storage, delivery, management and waste screening.
- Have the ability to compete and be able to supply raw materials consistently and continuously.
- Have new ideas and innovations that can add value to the business.

• Sustainable Partnership Development
OISHI promotes and supports the development of trading partners’ potential while giving importance to activities that create benefits and good quality of life for all stakeholders throughout the supply chain to achieve the goal and grow sustainably with OISHI. The Company has established guidelines for trading partners, managing product and service risks, and has reviewed the results to ensure compliance with appropriate standards and management processes.