Supply Chain Management
Supplier Code of
Conduct
Koh Young Technology has established the ‘Koh Young Technology Supplier Code of Conduct’ to ensure a safe working environment and promote a corporate culture that is environmentally friendly and ethical, not only for domestic and international production facilities associated with product manufacturing but also for all collaborating suppliers.
| Category | Major Items |
|---|---|
| Labor and Human Rights | Prohibition of forced labor, prohibition of excessive overtime, wages and welfare, humane treatment, prohibition of discrimination |
| Health and Safety | Occupational safety, emergency preparedness, occupational injury and illness, health and safety communication |
| Environment | Environmental permits and reporting, pollution prevention and resource reduction, energy consumption and emission of GHG |
| Ethics | Compliance with Jeong-Do management, disclosure of information, protection of identity and non-retaliation, protection of corporate/personal information |
| Responsible Sourcing of Minerals | Prohibition of raw materials that are restricted due to serious concerns about human rights abuses and environmental degradation |
| Management System | Company commitment, clarification of management responsibility, awareness and monitoring of relevant regulations and customer requirements |
Regular Supplier
Evaluation
Koh Young Technology conducts regular evaluations of major suppliers twice a year. Major evaluation items are development, quality, production management, cost innovation, corporate ethics, human rights, safety, and environmental management. The responsible Koh Young Technology personnel in each field diagnose the risk and conduct regular evaluations by comprehensively reviewing the transaction data during the corresponding period, along with the materials provided by the partner based on the evaluation standards.
Regular Evaluation Process
Win-Win
Cooperation
To enhance the supply chain’s competitiveness and achieve a mutual win-win with suppliers, Koh Young Technology run win-win cooperation programs in diverse fields, including innovation activities in the areas of manufacturing, quality, cost, and technology, as well as training and financial support
| Category | Content |
|---|---|
| Financial support programs for win-win growth |
Make early payments to major suppliers to contribute to the stable operation and business stabilization of those suppliers |
| Quality system inspection and improvement |
Support for inspection and improvement activities for machinery/field suppliers and key suppliers through QMS (Quality Management System) audits |
| Supplier Relationship Management System |
Enable suppliers to view the information needed in the manufacturing and delivery process on a single platform, through which we are enhancing the productivity of our suppliers and of Koh Young Technology |
| Supplier Health and Safety Evaluation |
Conduct a health and safety evaluation of major suppliers regularly to strictly manage risks related to health and safety |
© Koh Young Technology, Inc. 2022 and/or its subsidiaries. All rights reserved.
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We are thrilled to announce that Koh Young Technology has been awarded the inaugural Ahn Jung-geun Patriotic Entrepreneur Award by Global Seah Group and Maeil Business Newspaper. This prestigious honor, recommended by esteemed organizations like KOTRA and the Korea International Trade Association, recognizes our commitment to patriotism through international exports.
Since our founding in 2002, Koh Young has become a global leader in 3D inspection solutions, with our SPI and AOI technologies playing crucial roles in various industries. We are proud to have maintained our position as the world’s No. 1 inspection market leader since 2006, showcasing Korea’s technological prowess on the global stage.
We look forward to continuing our journey of innovation and excellence, helping businesses worldwide reach new heights.
Thank you for your continued support!