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Advantest Procurement Policy Enacted
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TOKYO, Japan, October 29th, 2007 - Advantest Corporation (TSE: 6857, NYSE: ATE), today announced that it has enacted its Advantest Procurement Policy. Formerly, Advantest requested all suppliers to take environmental measures based on its Green Procurement Guidelines. Today, in keeping with the advancing globalization of the company's supply chains, the issue at hand is becoming more than just environmental. Increasing weight is being given to the realm of corporate social responsibility (CSR), which includes issues such as observing relevant laws, regulations, and social code in the regions where businesses are operated, and ensuring product safety. In response to this trend, Advantest has decided to present its basic procurement policy, thereby requesting all suppliers of its group companies to take a proactive stance with regard to CSR activities.
Advantest Procurement Policy is outlined below:
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| 1. |
Basic Procurement Policy |
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Advantest Group will comply with all applicable laws, regulations and accepted social practices. It will strive to establish relations based on mutual trust with its suppliers and engage in procurement activities that honor fair and open competition. |
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Advantest Group will evaluate and select its suppliers on a fair and equitable basis, taking the following factors into account: |
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(1) |
Approach to environmental conservation |
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(2) |
Ensuring the quality and safety of products and services |
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(3) |
Pricing of products and services |
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(4) |
Observing delivery deadlines, stable supply capabilities and the ability to cope with fluctuations in demand |
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(5) |
Technical capabilities |
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| 2. |
Supplier Expectations |
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(1) |
Observe all relevant laws, regulations, and social code |
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(2) |
Take environmental conservation measures |
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(3) |
Ensure safety of goods and services |
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(4) |
Make efforts to keep prices competitive |
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(5) |
Establish a stable supply system |
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(6) |
Improve technical capabilities |
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(7) |
Ensure sound business management and proper information disclosure |
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(8) |
Establish a confidential information management system |
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Advantest Procurement Policy and Advantest Supply-Chain CSR Deployment Guidebook can be found at Advantest's website.
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| Note: |
All information supplied in this release is correct at the time of publication, but may be subject to change without warning. |
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Advantest Corporation is the world’s leading automatic test equipment supplier to the semiconductor industry, and also produces electronic and optoelectronic instruments and systems. A global company, Advantest has long offered total ATE solutions, and serves the industry in every component of semiconductor test: tester, handler, mechanical and electrical interfaces, and software. Its logic, memory, mixed-signal and RF testers and device handlers are integrated into the most advanced semiconductor production lines in the world. Founded in Tokyo in 1954, Advantest established its first subsidiary in 1982, in the USA, and now has 40 subsidiaries worldwide. Among them, Advantest America, Inc. is based in Santa Clara, CA., and Advantest (Europe) GmBH is based in Munich, Germany. More information is available at www.advantest.co.jp. |
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