Home > Stakeholders > Suppliers > Purchasing Ethics Program
HMC established an online purchasing system called VAATZ (Value Advanced Automotive Trade Zone) in 2002 in order to provide transparency in the selection of suppliers with respect to the procurement of goods and services and to realize effectiveness in vehicle part management. VAATZ has improved the effectiveness and transparency of all purchases through the online systemization of the entire transaction stage from supplier application, bidding, consideration, and finalization to the purchase and payment of parts.
Aside from this, suppliers evaluation systems such as the 5-star evaluation system and the SQ mark certification system have helped to increase the transparency and impartiality when selecting and
evaluating suppliers. In addition, HMC established an ethics charter for the purchasing division and an employee code of conduct guidelines in 2001. The ethics charter and an employee code of conduct guidelines of the purchasing division stress the importance of fair and transparent purchasing activities along with the mutual benefit and development together with suppliers. The employee code of conduct guidelines specifies behavioral regulations related to gifts and money for favors, information usage, and job related duties. Since 2003, HMC has operated a ?쁓upplier Employee Support Center' through its online purchasing system, VAATZ, in order to provide assistance services to supplier employees regarding issues ranging from unfair treatment at work to the improvement of working conditions, etc.
Our goal is to improve the quality of life by developing and supporting environmentally friendly products.
We seek mutual development with domestic and overseas suppliers by creating the highest value through fair and transparent transactions.
We aim to attain ethical transparent management through responsible conduct.
We endeavor to earn respect by creating a transparent and fair purchasing culture, respecting ourselves by maintaining our dignity.
