Business Value chain
Empowering our value chain partner, maintaining their integrity, and ensuring product quality are top priorities at Himadri. We strive to set a new benchmark in our industrial sector by underpinning sustainable practices to navigate through a diverse and dynamic global business landscape and maintain transparency in all our interactions. The Value Chain Partner Engagement Task Force strengthens relationships with suppliers, ensuring an alignment with sustainability goals. By training and assessing partners’ ESG performance, the task force drives responsible sourcing practices, enhances efficiency and promotes sustainability progress across the value chain. By engaging with our partners we focus on enhancing product quality, optimizing operational processes and achieving cost efficiencies. Through transparent communication, joint innovation initiatives and a shared commitment to sustainability, Himadri strengthens relationships and creates value for all stakeholders.
Process
Empowering our value chain partner, maintaining their integrity, and ensuring product quality are top priorities at Himadri. We strive to set a new benchmark in our industrial sector by underpinning sustainable practices to navigate through a diverse and dynamic global business landscape and maintain transparency in all our interactions. To support this, we have established clear principles, policies, procedures, responsibilities, and accountabilities.
To ensure that sustainability is ingrained throughout our supply chain, Himadri employs a multi-stage process for selecting and evaluating Supply Chain Partners. This process includes:
- Non-disclosure Agreement:
- Self-Assessment Surveys
- Composite Performance Index:
- On-Site and Online Audits
- Collaborative Mitigation Approach:
Innovation @ Himadri
We are recognised for our focus on driving sustained excellence over time. This can be attributed to our continued investments in R&D. The tangible outcomes of our endeavours are evident in our product innovation pipeline and our stellar performance during the reporting year. This success is further amplified by the development of higher value-added products created through proprietary processes, further sharpening our competitive edge.
