Tag Archives: Conflict Materials

UPM Conflict Materials Policy

UPM, Inc. is committed to sourcing components and materials from companies that share our values around human rights, ethics and environmental responsibility. We expect all of our suppliers to abide by the requirements of our Supplier Code of Conduct, which prohibits human rights abuses and unethical practices. We also require all suppliers to comply with applicable legal standards and requirements. On August 22, 2012, the U.S. Securities and Exchange Commission (“SEC”) issued the final conflict minerals rule under Section 1502 the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Conflict Minerals Rule”). The Conflict Minerals Rule requires publicly traded companies to report annually the presence of conflict minerals (tin, tungsten, tantalum and gold, or “3TG”) originating in the Democratic Republic of the Congo or adjoining countries (“Covered Countries”). UPM, Inc. supports the goal of ending violence, human rights violations and environmental devastation in the Covered Countries. We are committed to complying with any requirements applicable to our Company under the Conflict Minerals Rule. UPM, Inc. will assist our customers in implementing their conflict minerals programs. We strive to work cooperatively with our customers and supply chain partners in implementing conflict minerals compliance programs. UPM, Inc. requires all of our suppliers to provide us with completed conflict minerals declarations using the EICC/GeSI Conflict Minerals Reporting Template. We may reconsider our willingness to partner with suppliers that fail to comply with this Policy.

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Why OEMs Are Rethinking Their Supplier Count — And What It Means for Injection Molded Products

Every time an injection molded part moves from one vendor to the next — from molder to painter to assembler to warehouse — cost, time, and risk accumulate in ways that rarely show up on a line-item quote. As OEMs face pressure to shorten lead times and simplify their supply chains, vendor consolidation is emerging as one of the most practical levers available. This article breaks down where the hidden costs live, what a consolidated approach actually looks like, and the questions worth asking before your next program launch.

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