Procurement

Innovation is at the core of IQL’s mission.

We strive to drive innovation not only within our own operations but also through close collaboration with current and prospective suppliers. This is achieved by leveraging in-depth research, expertise, and a comprehensive understanding of both existing and emerging raw materials and production capabilities.

Procurement at IQL goes beyond the simple acquisition of goods and services. It plays a strategic role in fostering strong partnerships with key suppliers, guided by executive management’s focus on trust, commitment, consistency, innovation, and sustainability.

Each year, we evaluate supplier performance based on the quality of their deliveries. Key criteria include adherence to agreed specifications, as well as the accuracy and timeliness of deliveries.

IQL proudly follows the supplier guidelines established by Nisshin OilliO Group, Ltd.