DTS VENDOR POLICIES
VENDOR TERMS & CONDITIONS
SUPPLIER CODE OF CONDUCT
SUPPLIER & VENDOR CODE OF CONDUCT
Sound business relations with our supplier base are an essential piece in maintaining a dependable, competent supply source for the uninterrupted flow of quality goods and services. DTS’ Procurement team members are the primary source of contact and channel of communication with all vendors, suppliers and appointed representatives and agents. The following should be observed when dealing with suppliers, vendors and their representatives.
It is an expectation of the DTS procurement team to be courteous, honest and fair in dealing with supplier and vendor representatives and appointed agents. Courtesy shall include a prompt reception of business callers and a reasonable regard for their time. When appropriate, sales representatives shall be afforded a fair and equal opportunity to present legitimate and pertinent information concerning materials, equipment, methods or techniques that the supplier markets and that may have potential or immediate application.
Supplier and Vendor Representatives and Authorized Agents will be seen only by appointment, as unscheduled sales calls are of little or no benefit to either party. It is our expectation that DTS’ employees shall be given every opportunity to discuss with suppliers’ new developments, materials, methods or ideas that may result in cost reduction or production improvements. Contacts with vendors and suppliers are not limited to purchasing functions however, it is the responsibility of our suppliers to maintain an open communication with all appointed personnel.
DTS expects all its suppliers, vendors and their representative agents to share the principles which are expressed in this Supplier and Vendor Code of Conduct. In addition, we expect our suppliers, vendors and their authorized representatives and agents to replicate these standards further down the supply chain.
2. ETHICS AND INTEGRITY
Elements of our success is dependent upon the trust and confidence we earn from our supplier management. We expect suppliers adhere to commitments and conduct business displaying values of honesty, integrity and respect. Suppliers are expected not to practice or tolerate any form of corruption, extortion or embezzlement. Suppliers will not offer or accept bribes or other unlawful incentives to/from their business partners. Suppliers, Vendors, Authorized Representative and Agents are expected not to offer DTS employees any gifts or any other kind of personal benefit resulting from the relationships.
DTS is committed to complying with laws, rules and regulations and in turn expects our supplier base to do the same. All suppliers and vendors, their representatives and appointed contacts are obliged to comply with all applicable import, export, and antiboycott laws and regulations of the US and the countries where we do business. Under no circumstances may an export, re-export or import (whether a service, commodity, technical data or technology) or any other similar transaction be made contrary to the laws and regulations.
2.1 FAIR COMPETITION
Suppliers will conduct their business in line with fair competition and accordance with all applicable anti-trust laws.
2.2 PRIVACY AND INTELLECTUAL PROPERTY
Suppliers will safeguard and make only appropriate use of confidential information and ensure that all associated agents, employees and business partners privacy and valid intellectual property rights are protected.
2.3 QUALITY REQUIREMENTS
Suppliers will meet generally recognized or contractually agreed quality requirements in order to provide good and services that consistently meet DTS’ needs, perform as warranted and are safe for intended use.
Suppliers are expected not to engage in any form or corruption, illegal payments or bribes with customers, suppliers or others. It is required that our suppliers make every effort to understand and comply with applicable anti-corruption laws that govern operations in countries in which they do business. A violation of anti-corruption laws will lead to severe civil and criminal penalties. It is required that suppliers remain compliant with all applicable corruption laws, including the federal, state and local laws of each country in which operations occur.
2.5 COUNTERFEIT PARTS
DTS expects suppliers and vendors to develop and maintain the necessary measures to limit the risk of introducing counterfeit components and material into their products or deliverables. Appropriate processes are required to detect and eliminate all counterfeit components and materials from their supply chain.
2.6 CONFLICT MINERALS
Suppliers and Vendors are expected to make reasonable efforts to determine if the products being supplied contain material derived from conflict minerals or, directly or indirectly finance or benefit armed groups. All reasonable efforts should be made to eliminate such materials from their supply chain.
3. LABOR AND HUMAN RIGHTS
3.1 HUMAN RIGHTS AND TRAFFICKING
DTS expects suppliers and vendors, their representatives and appointed agents respect the human rights of their employees, treat them with dignity and respect, encourage diversity and promote equal opportunity. We expect that no supplier, vendor, representative or agent shall engage in the use of forced or involuntary labor, and that all human trafficking and slavery laws are strictly adhered to.
Suppliers and vendors will provide their employees with a workplace free from harsh and inhumane treatment, without any sexual harassment, sexual abuse, corporate punishment or torture, physical or mental coercion or verbal abuse or threat of such.
3.2 CHILD LABOR
DTS expects suppliers and vendors, their representatives and appointed agents comply and follow international standards and local requirements to ensure child labor is not used under any circumstance. DTS does not tolerate child labor in any business operations consistent with the International Labor Organizations core labor stands and the United Nations Global Compact principles.
DTS expects suppliers and vendors, their representatives and appointed agents to comply with all environmental laws and regulations including but not limited to those applicable to hazardous materials, air and water emissions, and waste. All required permits, licenses and registrations will be obtained, maintained and kept up to date. Suppliers will fulfill their operational and reporting requirements. Material safety data sheets containing all necessary safety-relevant information will be made available by suppliers for all hazardous substances and will be provided to DTS and other parties in case of legitimate need. In addition, we encourage suppliers to actively manage their environmental impact through any and all reasonable efforts to reduce or eliminate waste.
5. EMERGENCY PREPAREDNESS AND RISK
Suppliers will identify and assess likely and potential emergency situations in the workplace and minimize their impact by implementing emergency plans and response procedures.
5. IDENTIFICATION OF CONCERNS
Suppliers will provide means for their employees to report concerns or potentially unlawful activities in the workplace. Any report should be treated in a confidential manner. Suppliers will investigate and take appropriate action.