Holding Suppliers Conference
With global transactions increasing and purchasing activities becoming more diversified in the business environment, Honda makes an effort to build constructive partnerships with its suppliers by holding various conferences and meetings, aimed at sharing Honda's business directions and purchasing policies.
At one such meeting in January 2014 attended by the top management of 324 suppliers, President Takanobu Ito outlined Honda's companywide policies, and Naoto Matsui, Chief Operating Officer of Purchasing Operations, discussed the company's purchasing policies.
Honda also presented letters of appreciation in recognition of its gratitude to suppliers who made outstanding contributions to the company's business throughout the year in the respective areas of cost, quality, development, parts, and environmental.
The event provided an opportunity for Honda and its suppliers to strengthen their partnership and reaffirm their understanding of the need to work together closely to achieve Honda's mid-term business objectives starting in April 2014.