Management

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.

New suppliers must pass our supplier assessment before YOKE may place orders with them. The audit assessment criteria include corporate liability-related management systems, promotion of energy-saving plans, retrieval of the signed supplier social commitment letter, availability of an internal/external mailbox for grievances, promotion of charity events, and prior punishments by competent authority for having violated economic, environmental, human resources, or product-related laws and regulations. In 2024, 9 suppliers passed our new supplier assessment.