August 30, 2012,11:34 +0900(JST) 5th Partners' Meeting
On August 1, the Sumitomo Electric Group Partners' Meeting was held to promote mutual trust and cooperation with suppliers. Since its first launch in 2008, this annual event observed its fifth anniversary this year. Despite the hot weather, the event was attended by many companies both at home and abroad that supply raw materials, parts, equipment and the like to the Group.
The meeting began with an explanation of our business results, management policies, and materials procurement policies, as well as our requests to suppliers. This was followed by an introduction to the megawatt-class power generation/storage system that I wrote about on this blog the other day. At the subsequent VA (Value Analysis) Excellent Partner Award Ceremony, certificates of commendation and commemorative gifts were granted to four companies.
Afterwards, a small convivial party was held as usual. I was able to exchange opinions frankly with people from a wide variety of industries, learn about current market trends, and obtain the views of our suppliers directly, making the party even more significant.
Every time a Partners' Meeting is held, I realize that our success is largely due to our suppliers from a truly wide range of fields all over the world. Our suppliers' competitive products enhance the value of our products, and when our customers use our products we contribute to society. We hope that our suppliers, who are our important business partners, will continue to provide support and cooperation to us.