Code of Ethics for Purchasing
1
- No consideration other than the profit of the company
- There shall be no consideration other than the profit of the company when trading with a supplier.
2
- Prohibition of act of collusion
- Employees shall not engage in any act of collusion that may affect decision making when carrying out purchasing activities with a supplier.
3
- Objective and fair selection of suppliers
- The selection and registration of a customer shall proceed in a rational manner and be based on objective and impartial evaluation standards.
4
- Principle of fair competition
- Trading shall be based on the principle of fair competition, while personal connections such as school ties and regionalism shall be excluded.
5
- Prohibition of providing entertainment and personal presents
- Employees shall neither accept unauthorized client entertainment nor personal presents of any kind from any supplier.
6
- Prohibition of unfair behaviors using authority or position
- Employees shall not engage in unfair behavior of any form that would take advantage of our superior position and authority when trading with a supplier.
7
- Prohibition of disclosure of critical information
- Employees shall never disclose important information about our company.
8
- Transparent principle
- Employees shall not make any false report and shall always respect the principle of transparency in all purchasing activities.
9
- Suspension of trade upon discovery of personal present from a partner
- Employees shall remind counterparts that if a company is found to have given a personal present or hosted a member of our company, the transaction will be suspended immediately.
10
- Acceptance of punishment in case of violations
- If any of the above principles is violated, I will readily accept any punishment imposed by the company.
Supplier Evaluation System
- 01
- Identify and support excellent supplier through supplier evaluation
- 02
- Establish objective evaluation standards for suppliers
- 03
- Fair objective standards
- 04
- Approve and induce self-regulated improvement opportunities
- 05
- Manage collaboration relationship based on result reporting
- 06
- Motivate through operation of reward and penalty system
- 07
- Expand support for excellent supplier
- 08
- Support all suppliers to develop into excellent supplier
- 09
- Expand trade volume
Organization introduction
Purchasing Support Team
General Purchasing Operations
Kangseok Oh (Team Leader)
Construction · Packing Materials (Pyeongtaek) · Intangible Assets · Promotional Products
Doohwan Lee (Senior Manager)
Machinery · Facilities (Equipment) · Test Equipment · Reference Drug
Sangyong Park (Manager)
Packing Materials (Paltan, Fine Chemical, Healthcare)) · Commodity
Kyuhak Kim (Manager)
Reagents · Consumables (Foreign Materials) · Printed Material · Repair Expenses
Boseok Kang (Assistant Manager)
MRO (SERVEONE) · Reagents · Consumables (Domestic Materials) · Computer Supplies (PC, Laptop, etc.)
Yoonhee Sung (Assistant Manager)
Global Purchasing Team
General Purchasing of Raw Materials · Raw Materials for Paltan Industrial Complex (Domestic Materials)
Jaehoon Cha (Team Leader)
Raw Materials (Paltan (API, Import), Healthcare)
Kwanghui Lee (Manager)
Raw Material(Fine Chemical(Local), Paltan(Excipient, Import))
Dami Kim (Assistant Manager)
Raw Materials (Fine Chemical(Import),Bio)
Gihwan Kim (Team member)
Custom clearance, Remittance, Monthly closing
Da hyun, Kim (Team member)