Supplier Evaluation Management
Supplier screening and evaluation
Ruentex’s procurement team will collects suppliers capable of meeting the needs of each unit. New suppliers must submit relevant information such as their business operations and financial status to their supervisors for approval before being included in the supplier list. For each procurement need, qualified suppliers must be identified to provide quotations for the project. The company then internally compares and negotiates these quotations with the requesting unit.
Regular supplier evaluation
The company regularly evaluates its suppliers annually based on their quality control plans, delivery dates, future development, and cooperation. Excellent suppliers will receive more support, while suppliers with poor performance will be communicated with to improve the situation, thus facilitating long-term cooperation between the two parties.
Supplier evaluation items
| Assessment item | Scoring method |
|---|---|
| Quality control plan | Pre-production, production, and post-production quality items are qualification standards |
| Delivery date | The final negotiated delivery time is the qualified standard |
| Future development | The ability of manufacturer to continue to provide the Company's required products in the future |
| Degree of cooperation |
|
Supplier sustainability assessment and evaluation-2025
To ensure workplace safety, employee health, respect for human rights, and minimize environmental impact, domestic suppliers are informed of their social responsibility and are subject to supervision. Suppliers are required to conduct Self-evaluations on their performance in social responsibility and environmental impact, which serve as the basis for the Company's initial evaluation of the supplier's strengths and weaknesses.
Through social responsibility declaration, self-evaluation, and commitment procedures, we can establish suppliers' awareness of the importance of social responsibility and provide a basis for the Company to evaluate suppliers.
The verification of social responsibility certification items and environmental impact mainly consists of the supplier self-evaluation supplemented by personnel audits to verify the accuracy of the supplier's free assessment and the implementation of social responsibilities.
Ruentex conducted two supplier assessments in 2025, assessing a total of 71 suppliers . After identification, no suppliers with significant actual or potential risks were found, nor were there any suppliers with whom cooperation was stopped due to violations of environmental, social, or other situations with negative impacts.