Procurement Policy

We seek to build a resilient supply chain in order to build, maintain, and operate services with unprecedented short cycle times.
To do that, it is necessary to build a sustainable and responsible supply chain that achieves “responsible procurement,” collaborates with the world’s best partners for design, equipment, and materials, and takes into account factors such as the global environment and human rights.
Rapidus will take the lead in promoting strict adherence to sincere and fair procurement activities and trading practices and the permeation of integrity and compliance throughout the entire supply chain, and will promote the building of valuable partnerships.

1. Compliance with all laws, regulations, and social norms related to procurement activities

   Together with our partners, we will ensure realization of responsible procurement through compliance with all laws, regulations, social norms, and internal rules related to procurement activities.

2. Building partnerships centered on trust

   We will make sincere, fair, and transparent selections of procurement partner companies, and develop equal relationships of mutual trust with partners. We aim to build partnerships with the shared purpose of creating new industries and new products that are the best in the world, and that can realize a supply chain that supports BCP, has short cycle times, and is price competitive.

3. Sustainable procurement that has the utmost consideration for the environment

   We aim for sustainable procurement that is conscious of climate change and environmental conservation, that employs raw materials, components, and services that have designs that save resources and save energy, designs that utilize reused components and recycled materials, long-term usability, and a high ease of recycling, and that strives for conservation of resources such as energy, water, and gas.

4. Innovative system integration and information security

   We aim to build a supply chain that manages information with partners with the highest level of security, and that has a higher level of information sharing through the introduction of innovative system collaboration using IT, including AI.