PT Kimia Farma Trading & Distribution (KFTD) as part of Kimia Farma Group plays a pivotal role in Indonesia’s healthcare ecosystem. Since 2003, KFTD has distributed and sold healthcare items throughout Indonesia, covering 38 provinces and 511 cities and regencies. In its commitment to ethical business practices, KFTD has adopted ISO 9001, the internationally recognized standard for quality management systems.
ISO 9001: Strengthening Quality and Preventing Corruption
ISO 9001 is not just about quality. It’s a powerful tool for preventing corruption. Let’s explore how KFTD is leveraging this standard:
Anti-Bribery Culture
ISO 9001 helps organizations instill an anti-bribery culture. By adhering to its requirements, KFTD ensures its operations’ transparency, honesty, and integrity. KFTD ensures that the employees know the potential dangers of bribery and corruption, encouraging a dedication to moral conduct.
Risk Assessment and Due Diligence
KFTD conducts thorough risk assessments to identify bribery-related vulnerabilities. By implementing due diligence processes, they evaluate business associates and partners to minimize corruption risks3.
Financial Controls
ISO 9001 encourages robust financial controls. KFTD establishes clear procedures for financial transactions, reducing the likelihood of illicit payments or kickbacks.
Reporting and Investigation
ISO 9001 standards require systems to be in place to report suspicious misconduct. KFTD authorizes its staff to disclose potential bribery cases, guaranteeing prompt investigations and corrective measures.
Benefits of ISO 9001 for KFTD
Below are the benefits of ISO 9001 for KFTD:
- Legal Compliance
Adopting ISO 9001 demonstrates KFTD’s commitment to legal compliance. It aligns with worldwide initiatives against bribery and corruption.
- Reduced Liability
Should any allegations arise, KFTD’s diligent use of ISO 9001 proves it actively prevents bribery. It can significantly reduce legal exposure.
- Enhanced Reputation
ISO 9001 certification enhances KFTD’s reputation. Customers, partners, and stakeholders recognize their dedication to quality and ethical practices.
KFTD’s embrace of ISO 9001 is a proactive step toward preventing corruption. They contribute to a healthier, more transparent healthcare system by prioritizing quality and integrity. As KFTD continues to strengthen its processes, it sets an example for others in the industry.
Integrity is crucial for long-term achievement. KFTD’s commitment to ISO 9001 reinforces this truth, ensuring that quality and ethics go hand in hand.