After many years’ experience, SUNTAK-PHARMA has built up a system to select our packaging material and ingredient suppliers. SUNTAK-PHARMA together with the suppliers, are oriented towards creating customer value and achieving the SUNTAK-PHARMA’S Vision.
SUNTAK-PHARMA acts in full compliance with the following principles
l SUNTAK-PHARMA gives comparable suppliers equal opportunity of invitation to tender
SUNTAK-PHARMA is willing to work with all suppliers, regardless of size, ownership, business length with us, providing their aim to comply with the principles of SUNTAK-PHARMA.
l Mutual benefit based on mutual trust
We believe in building strong and beneficial long-term relationships based on mutual trust. By working closely together, building on SUNTAK-PHARMA and suppliers' knowledge and experience, SUNTAK-PHARMA is confident in giving suppliers the opportunity to benefit from a sustainable and profitable growth and to create a competitive advantage.
l Rational supplier selection standards
We select suppliers based upon rational and clear standards, such as quality, cost, delivery, innovation and corporate management in terms of sustainability, continuous improvements and shared values for profitable growth.
SUNTAK-PHARMA conducting the Supplier Assessment
SUNTAK-PHARMA conducts a supplier assessment, which involves an on-site visit for direct suppliers and an interview and/or capabilities presentation for an indirect supplier. This phase allows us to better understand a supplier's qualifications and will help determine whether a supplier meets our requirements and supply needs.
A key factor to becoming a supplier is the ability to meet SUNTAK-PHARMA's requests. We demand the highest standards in these core areas:
l Quality of product
l Quality of facilities
l Productivity
l Lead-Time
l Financial stability and security
l Levels of service and response time
Once a potential supplier passes the assessment phase, SUNTAK-PHARMA informs the supplier that it is now able to participate in new bids.
We also review our suppliers annually to ensure their continued compliance and we have built up an enviable relationship with our supply chains, guaranteeing us and you a preferential level of service.
