Vision and leadership

Supply Chain Management

　　In 2024, a multitude of intertwined challenges—including escalating geopolitical tensions, labor shortages, environmental challenges, inflationary pressures, economic downturns, and climate-related events—have significantly disrupted global supply chains. Building more resilient supply chains has thus become a critical mission for businesses. 

　　To mitigate potential supply chain impacts on the company, strengthening regional supply networks plays a vital role. To this end, Everest has established procurement platforms in multiple countries, leveraging regional partnerships to accelerate the development of a digital supply network. In 2024, the company launched the initiative “Large Enterprises Empowering SMEs for Smart Upgrading and Transformation,” aiming to develop an information-sharing platform for suppliers. At the same time, Everest continues to strengthen sustainable risk management among suppliers, enhance green and innovative procurement, and jointly implement carbon reduction strategies.

Supplier Information Exchange Platform 

　　Through the platform interface, suppliers can submit quotations and raw material certifications for procurement review. The document processing time has been reduced from 3 days to just 30 minutes, while the tender invitation process has been shortened from 4 hours to 10 minutes, significantly improving operational efficiency.

　　Through these efforts, Everest is building a sustainable, long-term, and stable supply chain, fostering resilient collaboration and agile value creation—achieving its vision of being “Rooted in Taiwan, Globally Deployed.” 

◉ Supply Chain Structure 

　　Everest is a vertically integrated manufacturer encompassing spinning, weaving, and dyeing. Its core products are false-twist textured yarns that combine functionality with fashion, widely used in eco-innovative fabrics for sportswear, outdoor gear, and urban lifestyle applications. The range of raw materials is relatively diverse, primarily focusing on polyester and nylon POY yarns (types 6 and 66) and elastic yarns, supplemented with staple fiber yarns such as pure cotton yarns, T/C yarns, and various specially processed yarns. Major suppliers include Far Eastern New Century, Namchow Textile, Liang Wei, CTCI Advanced Materials, Chansom, Zig Sheng, FCFC, Far Eastern Advanced, Formosa Chemicals & Fibre Corporation, Hyosung, and Formosa Taffeta. 

　　For chemicals such as dyeing auxiliaries and finishing agents, key suppliers include Archroma, Shiea-King, Cheng Yu, Nichiwa, Fortune Everrich, Chang Hsing, and Nan Pao.       

◉ Supplier Evaluation Mechanism 

　　Everest has established the "Supplier Evaluation Guidelines," which assess suppliers across three main dimensions: on-site evaluation, social responsibility evaluation, and sample evaluation. For on-site evaluations, the assessment covers four key areas: production technology, quality control, delivery schedule management, and organizational motivation. In terms of social responsibility evaluation, Everest examines issues related to corporate social responsibility, such as the prohibition of forced labor and whether employees have received appropriate occupational safety and health training. 

　　The sample evaluation focuses on aspects such as the appearance and physical properties of the samples, as well as the professional knowledge of sales or technical personnel. Evaluation results are classified equally into three grades: A, B, and C. Suppliers rated Grade A (excellent) are given priority when new materials are being procured; Grade B suppliers continue to receive regular orders; Grade C suppliers will have their orders reduced and will be notified to make improvements. This mechanism ensures the overall quality and service standards of the supply chain. In 2024, Everest sampled and evaluated 16 suppliers. All suppliers passed the evaluation and were classified as Grade A qualified suppliers. 

◉ Supplier Assessment Score Level

80-100 points Listed as a qualified manufacturer

70-79 points Observed after guidance 

If the individual score is below 69 Not listed as a qualified manufacturer

◉ Supplier Social Responsibility 

　　Everest has exerted its influence to work with supply chain manufacturers to achieve sustainable development goals, and urges suppliers to sign the "Social Responsibility Standards Statement", which includes environmental protection, environmental safety and health improvement, and attention to human rights. The recycling rate of the 2024 Social Responsibility Standards Statement is 100%. In addition, Everest has established a "Supplier Social Responsibility and Environmental Assessment Form" to evaluate suppliers' environmental safety and health, green supply chain, and employee welfare. The assessment items include whether specific ISO certifications have been obtained, whether there are complete environmental safety management procedures, whether there are relevant documents to avoid the employment of child labor, and whether employee salaries meet the minimum statutory wage, etc. There are a total of 26 assessment items. In response to the "banned substance survey", suppliers are required to sign a "hazardous substance-free" statement. If necessary, suppliers are required to provide a third-party test report to ensure that the product complies with environmental regulations.

◉ New Raw Material Import Evaluation System

Everest has established a "New Raw Material Import Evaluation System" to coordinate with the demand department, environmental safety, and procurement units to perform pre-examination before the introduction of new raw materials. The review targets include whether the material contains hazardous substances or toxic substances, to evaluate the impact of chemicals on the environment, discuss how to prevent them, and work with suppliers to fulfill corporate social responsibility. 

◉ Procurement Strategy 

Everest's production bases span Asia, the Americas, and Africa, and it manages global procurement. In terms of overseas procurement, through the integration of local procurement personnel and e-commerce systems, the scope of supplier price inquiries is expanded, procurement flexibility and scheduling are improved, and procurement and joint bargaining are integrated to achieve a balanced leverage effect; in terms of domestic procurement, Everest conducts a large amount of local procurement and selects low-carbon raw materials to reduce process losses and carbon footprint through optimal procurement.

▌Green raw materials

Everest consistently purchases green and eco-friendly raw materials, selects products that align with the concepts of "recyclable", "renewable", and "biodegradable", continues to cooperate with brand customers on materials, and purchases certified environmentally friendly products: chemical dyes and auxiliaries are prioritized if they meet the "bluesign® STANDARD Blue Logo Standard", the environmentally friendly textile certification mark; printing paper is sourced from products certified under "FSC/PEFC Forest Certification"; for eco-friendly yarn raw materials, suppliers are required to have GRS certification and third-party certification to minimize environmental impact. In 2024, Everest's purchase volume of long and short fiber environmentally friendly raw yarn will be 4,102,126 kilograms, accounting for 37% of the raw yarn purchase volume.