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Supplier Management

Suppliers are our essential partners toward sustainability. Taishin Financial Holdings views supply chain management a critical step for enhancing competitiveness, which is why we continue to commit resources into sustainable supplier chain management. By attracting sustainable business partners, we aim to build a resilient supply chain and contribute to a brighter future.

Management Policies and Procedures

Taishin Holdings engages a wide variety of suppliers including system developers, telecommunication carriers, insurance companies, fund companies, card manufacturers, overseas investment consultants, financial information suppliers, advertising companies, media, printing companies, and office consumables suppliers. The organization has "Supplier Management Regulations" and "Taishin Bank Procurement and Supplier Management Guidelines" in place to promote sustainability of its supply chain. All suppliers are required to sign a "Supplier Commitment Statement" and undergo "Supplier Satisfaction Monthly Assessment Worksheet" as well as annual review. Through implementation of a robust management system, we hope to achieve sustainable growth alongside our suppliers.

Management Policies


Management Procedures


Supplier Risk Assessment

According to Taishin's "Supplier Maintenance & Management Guidelines," "Supplier Maintenance & Management Guidelines," suppliers are first categorized and rated based on the content and amount of purchase each year in order to understand their sustainability risk ; the Company then applies management practices that correspond to the category and rating of each supplier. Tier 1 major suppliers are selected and issued self-assessment questionnaires. After recovering the questionnaires, the Company then performs supplier assessment and requests improvement from suppliers based on the outcome of assessment to ensure risk reduction and effective control. Suppliers with rating of C will be instructed to make improvements, and suppliers with rating of D will have purchase orders suspended until improvements are made and their rating changed back to C.


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