Selection Process for Diamond Suppliers Policy
" M.I.D. House of Diamonds. " selects key suppliers based on the company’s core process requirements and standardized selection criteria. " M.I.D. House of Diamonds. " desires to work with companies that have strong management processes and effective methods of developing their workforce to continuously improve their part of the diamond trade. Supplier selection is based upon criteria that are vital to a particular process and indicative of future success at " M.I.D. House of Diamonds. " The criteria are weighted and some attributes may be more important for one process team than another. For example, technical support may be more important for a surveillance process team than field service and support capabilities, which will be weighted accordingly. Each criterion has detailed descriptions that define the requirements that are important to " M.I.D. House of Diamonds. ".
" M.I.D. House of Diamonds. " fundamental selection criteria include: ● Health, Safety , and Environment (strong safety processes and culture). ● Economics (financially sound, competitive pricing, internal cost systems, terms, etc.). ● Alliance Qualities (alliance experience, team skills, facilitatio n capabilities or skills, etc.). ● speed of delivery. ● Performance (continuous improvement) . ● Quality .
" M.I.D. House of Diamonds. " will only work with suppliers that comply with the Kimberley Process. The company ensures that all of the rough goods that we sell or buy will be accompanied by a Kimberley Process certificate; therefore there will be no dealings with conflict diamonds in our company. Furthermore, there is a zero-tolerance policy for any dealings that involve conflict diamonds in the company, made by any party whatsoever.
Dotan Meirov COO M.I.D. House of Diamonds
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