Policy:
Preferred Power Products (P3) will consistently provide products and services that meet or exceed the requirements and expectations of our customers. We will actively
pursue every improving quality through programs that enable each employee to do their job right the first time and every time.
Objectives:
• Implement and maintain an ISO 9001:2015 QMS
• Show an increase in customer satisfaction
• Decrease the cost of quality
• Improve turnaround time from order to delivery
Preferred Power Products, LLC (P3) recognizes the need to prevent counterfeit parts from entering its supply chain. P3 has implemented procedures via its Quality Assurance System.
ESTABLISH A POLICY WITH PREFERENCE TO BUY ONLY FROM OEM’s OR AUTHORIZED DISTRIBUTORS
REQUIRE A CERTIFICATE OF CONFORMANCE (CofC) FROM DIRECT SUPPLIERS PER OUR STANDARD SUPPLIER QUALITY CLAUSES TO VERIFY THAT MATERIAL DELIVERED AGAINST PURCHASE ORDERS IS NOT COUNTERFEIT
DETECT COUNTERFEIT PARTS THROUGH INCOMING INSPECTION
MAINTAIN 100% TRACEABILITY OF PRODUCT FROM INCOMING INSPECTION THROUGH SHIPMENT
CONTROL SUSPECTED OR CONFIRMED COUNTERFEIT PARTS TO PREVENT RE-ENTRY IN THE SUPPLY CHAIN
MAINTAIN TRACEABILITY OF PARTS RETURNED UNDER RMA
**NOTE** WHEN A MATERIAL OR PRODUCT IS SUSPECTED OR IDENTIFIED AS BEING COUNTERFEIT IT IS IMMEDIATELY CONSIDERED NON-CONFORMING AND WILL BE PALCED IN OUR “QUALITY HOLD” AREA PER OUR QUALITY ASSURANCE MANUAL.
P3 IS COMMITTED TO THE PROTECTION OF HUMAN RIGHTS AND THE PROMOTION OF HIGH ETHICAL BUSINESS STANDARDS.
ACCORDINGLY, P3 SUPPORTS THE HUMANITARIAN GOAL OF ENDING THE ARMED CONFLICTS IN THE DEMOCRATIC REPUBLIC OF THE CONGO AND ITS ADJOINING COUNTRIES (COLLECTIVELY, THE “DRC COUNTRIES”), WHICH ARE PARTIALLY FINANCED BY THE EXPLOITATION OF “CONFLICT MINERALS” (AS DEFINED IN C.F.R. (240.13P-1(D)(3)) SOURCED FROM DRC COUNTRIES.
TOWARDS THAT END, AND IN CONSIDERATION OF THE DISCLOSURE REQUIREMENTS OF SECTION 1502 OF THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT OF 2010 (P.L. 111-203, (1502), P3 SET UP AN INTERNAL TEAM IN 2015 TO DEVELOP AN APPROACH TO IMPLEMEMNT DUE DILLIGENCE MEASURES DESIGNED TO DETERMINE THE SOURCE OF CONFLICT MINERALS NECESSARY TO THE PRODUCTION OR FUNCTIONALITY OF PRODUCTS MANUFACTURED BY P3
REQUIRING P3’S DIRECT SUPPLIERS TO CERTIFY THAT COMPONENTS OF AFFECTED PRODUCTS SOLD TO P3 ARE EITHER (I) ARE “DRC CONFLICT-FREE” (AS DEFINED IN C.R.F. (240.13p-1(d)(4)), OR (ii) CONTAIN ONLY CONFLICT MINERALS SOURCED FROM SMELTERS VALIDATED AD COMPLIANT TO CFS PROTOCOL USING CFS COMPLIANT SMELTER LIST.
REQUESTING P3’s DIRECT SUPPLIERS OF AFFECTED PRODUCTS TO VERIFY THE ACCURACY OF A COMPLETED STANDARD CONFLICT MINERALS REPORTING TEMPLATE, WHICH IS BASED ON THE INDUSTRY-ACCEPTED ELECTRONIC INDUSTRY CITIZENSHIP COALITION AND GLOBAL e-SUSTAINABILITY INITIATIVE CONFLICT MINERALS REPORTING TEMPLATE, AND THE RESPONSIVENESS OR NON-RESPONSIVENESS OF THE DIRECT SUPPLIERS IN ACCORDANCE WITH SUCH REQUESTS CAN RESULT IN A DOWNGRADE OF THE DIRECT SUPPLIERS RATING.
