Supply Chain Digital Magazine May 2024 | Page 34

SAMSUNG
TOP 10

10

SAMSUNG

REVENUE : US $ 194BN EMPLOYEES : 270,000
CEO : KYE-HYUN KYUNG / JONG HEE HAN
FOUNDED : 1938
Electronics giant Samsung has a set of strict guidelines in relation to its supply chain .
For starters , suppliers must prove their employees are safe , from providing fire prevention equipment to dealing with sewage effectively .
Child labour and ‘ inhumane treatment ’ are excluded from the Samsung supply chain in the strongest possible terms , while suppliers must comply with working hours and minimum wage rules .
Finally , the company will only conduct business with suppliers who are eco-certified ’.
CREDIT : SAMSUNG
Samsung Nano City ( Onyang )
34 May 2024