Supply Chain Management

MISUMI Group has formulated and implemented “Sustainable Procurement Guidelines.” We actively encourage our primary suppliers to adhere to these Guidelines and conduct assessments on respect for human rights, promotion of occupational health and safety, and the development status of monitoring systems. With regard to environmental initiatives, the Group collaborates to enhance sustainable procurement activities by sharing energy consumption data and setting reduction targets to reduce greenhouse gas (GHG) emissions and plans to further expand these activities going forward. 

We will continue to enhance our quantitative understanding of risks and opportunities, and develop and execute effective countermeasures, with a comprehensive view of the entire supply chain.

MISUMI Group provides customers around the world with convenience in selection and purchasing via our e-Commerce site and delivers products with Reliable, Quick Delivery, thereby offering Time Value by reducing various inefficiencies and work processes commonly required in the industrial sector.In our dedication to continuously enhance Time Value, we are persistently innovating our Business MODEL while strengthening the underpinning Business Foundation for production, logistics, and IT and establishing Human Capital Foundation.

We are committed to sourcing from suppliers in an open, fair, and impartial manner, both domestically and internationally. Our supplier selection process involves making rational and informed decisions based on a comprehensive evaluation of the Time Value of services provided, considering factors such as quality, price, and delivery time, organizational and technical capabilities for continuous improvement, as well as compliance with laws and regulations, environmental conservation, health and safety, and the protection of human rights.

We place great importance on communication with our suppliers and strives to work together to improve sustainable sourcing activities. To this end, we may request their cooperation in providing Time Value as well as periodic or ad hoc reporting and audits as appropriate. We may also ask them to extend similar requirements outlined in our Procurement Guidelines to their own supply chain and confirm compliance as required.

Primary suppliers for our Group, are those providing MISUMI brand products, that constitute top 70% of the purchase value. These suppliers are chosen through a comprehensive evaluation of factors such as transaction volume and substitutability.

We notified our suppliers in Japan of the Sustainable Procurement Guidelines*1 formulated in 2022 and conducted a survey on compliance.

*1 Sustainable Procurement Guidelines

*2 MISUMI Japan’s global suppliers who were approached for consent form and the questionnaire, excluding certain suppliers

We carry out surveys on general ESG items and conduct due diligence on the responses.

In addition to compliance-related interviews, improvements are requested when evaluations of business continuity plans (BCP) and management systems are low.

In FY2023, responses to the questionnaire were received from 458 suppliers, with 64% being　evaluated as B rank (Good) or above.

In the fiscal year 2025, we will enhance collaboration with domestic and international group companies to boost the compliance rate with the Sustainable Procurement Guidelines throughout the MISUMI Group and as a unified organization systematically tackle social issues in procurement activities. Furthermore, we will promote the rollout of the Sustainable Procurement Guidelines and prepare for conducting surveys at overseas sites, while targeting the evaluation of the top 70% of suppliers by purchase value globally.