Purchasing Policy
Lastest update: Jul
04th, 2026
Saigon Precision Co., Ltd. (“SPC”) aims to build trusted relationships with business partners and achieve mutual growth through fair and transparent purchasing activities. Based on this policy, SPC conducts purchasing activities in accordance with the following basic principles:
1. SPC promotes sincere purchasing activities based on the principles of fairness, equality, transparency, and business ethics.
2. SPC provides fair business opportunities to all business partners, regardless of whether they are existing or new suppliers.
3. SPC conducts supplier selection and evaluation fairly by comprehensively considering various factors, including quality, price, delivery time, technical capability, supply capability, and reliability.
4. SPC implements appropriate procedures such as competitive quotations or competitive bidding depending on the content and importance of each transaction to ensure fairness and transparency. In addition, SPC complies with laws and business ethics, does not tolerate any actions that may harm fair business practices, including bribery, improper provision of benefits, or other inappropriate conduct, and will respond strictly to such actions.
5. SPC values mutual understanding and trusted relationships with business partners and aims to build long-term and stable partnerships.
6. SPC complies with applicable laws and regulations, promotes purchasing activities that consider occupational health and safety as well as environmental protection, and works together with business partners toward sustainable business activities.
SPC sincerely appreciates your continued cooperation and support and looks forward to building a long-term and sustainable partnership together.