|
VTech's philosophy is to establish a partner
relationship with our suppliers. Since VTech procures over
US$700 Million material a year, VTech has formed strategic
alliances with most of the major component supplier and distributor.
Periodically meetings will be held with the suppliers,
and VTech will also provide a 12 months forecast to the suppliers
for their preparation in material and capacity.
For those current allocation issues, e.g. flash
memory and tantalum chips, VTech will provide a forecast and
get an amount of allocation for those items in the beginning
of each year. VTech will also maintain a strong relationship
with many distributors such that VTech will be able to get
extra quantities in urgent cases.
VTech has a supplier control procedure, VTech
ranks our suppliers based on delivery and quality. A periodic
audit of the suppliers will also take place for those mechanical/custom
parts suppliers.
A formal cost reduction program will also take
place at least twice every year with all major suppliers.
|
|
|
|
|
ÖÐÎÄ
Purchasing and Supplier
