Creating Sustainable Supply Chain

SUPPLY CHAIN MANAGEMENT ACTIVITIES

Kumho Tire complies with all laws and regulations as well as protecting its employees and stakeholders through a code of conduct based on labor rights, human rights, safety and health, environment, and ethical awareness. Also, we promote eco-friendliness by being aware of the green purchasing guidelines in the entire process encompassing supply, transportation, and unloading.
We also prefer using products receiving green purchase certification for our consumable materials. We are also expanding green purchase as well as various activities such as discovering and introducing eco-friendly materials.

Supply Chain Management Process
Supply Chain Management Process Supply Chain Management Process
  • Correction : Correction and monitoring
  • Evaluation : Regular and ad hoc evaluation
  • Policy : Principle of prioritizing the purchase of green products, business partner code of conduct
Supply Chain
Category Raw Material Facility
Domestic Total number of suppliers 117 530
Number of key suppliers 45 6

SUPPLY CHAIN EVALUATION

Kumho Tire conducts regular evaluations of its employees every year to manage potential risks. Evaluation on six items including quality and supply stability is carried out according to the business partner evaluation checklist. Also, self-inspection such as mutual information exchange, internal safety management, and employee training is encouraged.

SUPPLY CHAIN EVALUATION SUPPLY CHAIN EVALUATION
  • 2022 Target for partners Signing the code of conduct : 100% of key business partners (51 companies)
  • Partner Company Regular Evaluation Completion Rate : 61% (32 companies)
    (Subject selection criteria : companies with transaction of 2 billion won in the previous year, companies evaluated poorly in the previo us year, etc.)

GLOBAL PLATFORM FOR SUSTAINABLE NATURAL RUBBER

NATURAL RUBBER POLICY

GPSNR

Kumho Tire has been a founding member of the ‘Global Platform for Sustainable Natural Rubber (GPSNR) since 2018. To enhance the sustainability of natural rubber, we established a policy on natural rubber by reflecting the GPSNR standards and disclosed the policy on our website