POLICIES FOR SUPPLIERS

1

Always welcome suppliers with good quality, good products, competitive price or total cost of ownership, and look forward to long-term cooperation with GBplus.

2

GBplus develops a set of supplier standards for strategic (high purchase value) items.

3

All providers must have records maintained and regularly updated.

4

Supplier profile should include at least: Company profile, organization chart, sales policy, sales process, key customers (of the supplier), supplier characteristics, decision makers The highest level in the company, the highest decision maker in the field of sales…

5

All regular or/and high-value suppliers (including strategic suppliers, principle contract suppliers, etc.) are evaluated on a quarterly basis (including the end of each project). ) and ad hoc when required.

6

Strategic suppliers are also randomly assessed to compare products, prices and terms of sale against the market.