As part of its Business Continuity Plan (BCP), TEL collaborates with suppliers for disaster preparation. We maintain a database of suppliers’ production sites so that if a crisis arises, we can promptly identify impacted suppliers and quickly collaborate in recovery efforts. During fiscal 2018, about 17,000 supplier sites were registered, and post-disaster impact surveys were conducted six times.
We also conduct a BCP survey of key suppliers accounting for more than 80% of our procurement spend. We analyze their responses and the results are given as feedback to suppliers to promote further improvement. In the fiscal 2018 survey, as well as the regular questions on earthquake countermeasures, questions on fire prevention measures were also set. Improvements in overall rating level were observed at 21% of suppliers and improvements in the overall raw score were seen at 48%.