Supply Chain Management
Microbio adopted its “Supplier Management Procedure” in 2002. These Procedures are amended and optimized as required in accordance with relevant norms and regulations and internal requirements to ensure the selection of qualified subcontractors and the timely provision of goods of the right quality and quantity in accordance with the Company’s needs. Factory visits and audits have been adopted in the field of daily subcontractor management to identify potential high risk suppliers and manufacturers including raw material suppliers, direct material suppliers, and OEM manufacturers. On-site audits and visits are conducted to assist manufacturers in the detection of issues and implementation of improvements and offer relevant suggestions with the ultimate goal of joining hands in the creation of a sustainable environment and generation of win-win outcomes in the field of business growth. Statistics of the geographic location of our suppliers reveal that all our suppliers are located in Taiwan. Our subsidiaries Cotton Field Organic and Microbio (Shanghai) have also established supplier management mechanisms in line with their industry characteristics and local regulations at our operating sites. They further conduct annual supplier evaluations and reviews.
