In 2018, 100% of our key suppliers acknowledged our Supplier Code of Conduct.
Our supplier risk assessment process and self-assessments help us identify and measure social, environmental, and ethical risks in our supply chain. This helps us better understand how our key suppliers are performing against the code and standards. We work closely with our key suppliers to influence corrective actions to ensure continuous improvement. In 2018, we achieved 100% for RBA Code of Conduct adoption for key suppliers. We grew the number of suppliers participating in responsible sourcing program by 40% and we are starting to work with new suppliers on the self-assessment process.
In 2018 we expanded our supplier scorecard program to include all key suppliers and evaluated them against a wide range of performance and compliance criteria. Elements such as cost, quality, and delivery, as well as scoring criteria for compliance are tabulated, analyzed and distributed quarterly. Each supplier’s performance is reviewed quarterly between the commodity managers and their key supplier counterparts. In addition to this, semi-annual executive business reviews are held to put action plans together to monitor and address any gaps.
ASMI held its second-ever global supplier day, inviting over 50 of our critical and strategic suppliers to the event to deliver industry updates, business unit product insights, and share the overall direction of our company. Using our performance scoring criteria as a baseline for results, we publicly recognized our top suppliers for their outstanding contribution to ASMI's success in the prior year. Suppliers who routinely under-perform in any area, or who continually demonstrate a risk to our continuity of supply or corporate responsibility, are assessed for removal from our portfolio.
In 2019, we will continue to identify opportunities to improve supply chain operational efficiency, supplier communication, and supplier training, and embed these in our supplier management system and procedures. We are therefore preparing to revamp our supplier portal and improve our procure-to-pay process, supplier communications related to supply chain initiatives, business requirements, and supplier performance.
We thereby progressively consolidate our spend with key suppliers that are supportive of ASMI compliance policies and business needs. Overall spend with this group of suppliers has increased from 67% in 2017 to 73% in 2018.
Over the past 50 years we have grown to become a leading global supplier
of semiconductor wafer processing equipment. A company that develops
innovative process solutions for our customers, and manages itself in the best
interests of our investors, our employees, society, and other stakeholders.
Yet now is the time to enter a new era of innovation, to embark on the next
phase of growth. We understand that this requires commitment and strength
across many areas. From innovation in R&D, to advancing new technologies
and addressing new applications. From developing our people, to creating
even stronger relationships with key customers.
This is how we will take the next leap forward.
ROADMAP TO THE FUTURE
Our roadmap to the future will enable us to not only
achieve our next phase of growth, it will ensure we
can continue to help our customers achieve their
technology roadmaps for next-generation devices.
Our technology helps drive innovation, increasing the number of scientific breakthroughs, many of which are achieved from our advanced process equipment that deposits new materials with precision and productivity, positively benefiting society in sectors from healthcare and education, to transport and energy.
For semiconductor manufacturers, scaling chips
to smaller dimensions is an ongoing challenge.
Our innovations and equipment are vital in helping make many of these transitions happen.
Striving for efﬁciency ensures that our
customers get the products, services,
and results they expect. Intensifying
our focus on efﬁciency will make us a
stronger company, ready to take the
next leap forward.
We are a multinational company that
embraces diversity in every sense
of the word. With 29 different
nationalities working across the
company, we combine our talents
to drive innovation.
Achieving our ambitions takes intelligence, knowledge, skill,
determination, and dedication. And it is this combination of
qualities that we nurture in our people.
Our goal is to impact tomorrow’s generation
as positively as we’ve impacted today’s.
Making this happen takes the xtraordinary
talent of our people, who work together
to drive innovation and deliver excellence.
Collaboration is fundamental to our
continued success; from working
with our customers to optimize our
equipment and processes to enable
their technology roadmaps, to
creating partnerships on cutting-edge
research and development.
Operational excellence is one of the essential
pillars of our strategy, which enables us to provide
our customers with the high-quality, leading-edge
products and services they demand.
R&D is central to our development,
leading to new device architectures,
new materials, and new processes
that strengthen our competitive
positioning and enable our customers
to deliver the next-generation chips.
By extending our technological scope with a
more diverse product portfolio, we can help our
customers continue to advance their business
while growing our own in new market segments.
We create long-term value for our
stakeholders in a variety of ways.
From working with our customers
to develop innovative solutions, to
ensuring value creation growth
and positive investor returns.
We are committed to positively
contributing to society and
reducing our impact on the
environment. Only then can
we truly say we are helping
create more with less.
We believe sustainability takes many forms.
From developing sustainable technology
roadmaps for our customers, to creating
a sustainable living environment for all.
Safety is a front-line requirement,
which is why our ZERO HARM!
policy outlines our vision on product
safety, and our CR policy lays out
our commitment and expectations
towards health and safety.