Supplier Standards
Effective Date: June 2, 2026 | Last Updated: June 2, 2026
1. Welcome to Semiconk Suppliers
Semiconk is a platform for local suppliers to connect with buyers. All suppliers must agree to these standards.
2. Business Legitimacy
- Suppliers must be legally registered in their jurisdiction.
- Suppliers must comply with local business laws.
- Suppliers must disclose accurate business information.
3. Product & Service Quality
- Suppliers must provide accurate descriptions of products/materials.
- Suppliers must disclose stock availability honestly.
- Suppliers must maintain consistent quality standards.
- Suppliers must communicate clearly with buyers about lead times and delivery.
4. Pricing Transparency
- Prices must be clear and accurate.
- No hidden fees or misleading pricing.
- Suppliers must honor quoted prices during transaction period.
5. Communication Standards
- Respond to buyer inquiries within 24-48 hours.
- Communicate honestly about capabilities and limitations.
- Maintain professional conduct at all times.
6. Compliance
- Suppliers must comply with environmental regulations in their region.
- Suppliers must follow labor laws and ethical practices.
- Suppliers must maintain proper certifications/licenses required in their industry.
7. Dispute Resolution
Disagreements between suppliers and buyers should be resolved through direct communication first. Semiconk can mediate if needed.
8. Verification & Listing
Semiconk verifies basic information but does not guarantee supplier legitimacy. Buyers should conduct their own due diligence.
9. Removal from Platform
Semiconk may remove suppliers who violate these standards, provide false information, or engage in illegal activities.
10. Support & Resources
Semiconk provides tools and documentation to help suppliers succeed. Suppliers can contact support@semiconk.com for assistance.