Partner Safety Value
Supplier Management Mechanism
YOKE differentiates its procurements according to their nature (2 major categories) and degree of materiality (3 major categories; and purchases made with our outsourced processing service suppliers fall under the category of “activities”). All suppliers involved in our procurements have been placed at different tiers with an assessment conducted at different frequencies - periodic assessment and annual audit. In addition, YOKE has also been assisting suppliers to achieve growth and upgrade so that we could collaborate and grow together to propel the industry chain for safety hook lifting components and high-altitude operation fall-proof safety equipment.
Implement Local Procurement
With the strategy of promoting an industrial cluster for forging and thermal treatment for supplier management, YOKE has been working with long-term suppliers for mutual growth in pursuit of sustainable business operation. Since establishment, local procurement has been the procurement policy, accounting for 92.39% in 2024.