We design technology for the future — solutions that keep
pace with the growth of our customers' businesses and need for business intelligence and big data analytics solutions. The future will demand not only powerful solutions, but solutions designed to meet increasingly stringent standards for power and space efficiency. Therefore, we focus on providing customers with best-in-class products such as our enterprise data warehouse that are not only highly scalable, but environmentally sustainable as well.
We hire the most qualified people possible, and they reflect the diversity of our global marketplace. Our Teradata Cares Program empowers our employees to make a difference in their communities by volunteering and improving education, with a global focus on science, technology, engineering and mathematics.
Teradata business partners (such as suppliers, vendors, resellers, distributors, alliance partners and service providers) are expected, and may be required, to agree formally to meet or exceed the Teradata Code of Conduct established by our own internal code of conduct with respect to their Teradata-related activities. In addition, Teradata has adopted the standards of conduct set forth in the Electronic Industry Citizenship Coalition (EICC) Code of Conduct. Together, these standards apply to all our suppliers and make up the Teradata Code of Conduct for Suppliers, which includes adopting environmentally responsible practices.
Teradata has established a Vendor Managed Inventory (VMI) program with our Tier One suppliers to locate equipment for sale that is in close proximity to our final assembly locations. The VMI program also requires suppliers to ship bulk quantities of product to local hubs near our manufacturing site, rather than discrete customer shipments. This not only reduces our inventory costs, but also greatly reduces the environmental impact of our manufacturing operations.
Teradata facilities are designed to create a minimum of environmental impact in our pursuit for smarter big data analytics and business intelligence solutions. We have pioneered many programs in the areas of video conferencing, virtual employment, recycling and energy conservation that get the job done while using and re-using resources at the most efficient level possible. From printing all corporate business cards on stock that is 100% recycled/post-consumer waste material to installing a cutting-edge Building Automation System to optimize efficiency in lighting and heating, ventilation and air conditioning systems, Teradata adopts sustainable policies and procedures at every opportunity.
We are excited about our corporate sustainability efforts and look forward to having you join us in the ongoing innovation to conserve Earth's precious resources.