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Policies & Strategy
ThaiBev’s procurement operation is governed by sustainable sourcing policies and supply chain management strategy. It focuses on cost effectiveness and business continuity management with considerations on sustainability risk management and collaboration with business partners.
SUPPLY CHAIN MANAGEMENT FRAMEWORK
SUSTAINABLE PROCUREMENT POLICY AND STRATEGY
01 Identify Risks
  • Sustainable procurement policy compliance
  • Preliminary screening of suppliers using ESG criteria
  • Material and supplier criticality assessment
02 Manage Risks
  • On-site and proxy audit
  • ESG contractual clause
  • Recognition and capacity building for suppliers
  • Stakeholder engagement
03 Monitor Risks
  • Price volatility and supply continuity
  • Annual ESG performance review
  • Corrective action requests
  • Supplier classification
PROCUREMENT ANALYTICS
TRANSPARENCY AND DISCLOSURE
SUSTAINABLE PROCUREMENT POLICIES

Sustainable sourcing policies outline ThaiBev’s commitment and expectations for its procurement personnel and business partners. They are the fundamental principles which ThaiBev expects its employees and business partners to adhere to.

ISSUES COVERED
FOR OUR BUYERS
Code of Ethics for Procurement Practitioners

SUPPLIER RELATIONSHIP MANAGEMENT

CONFLICT OF INTEREST

BUSINESS GIFT

NEGOTIATION PRACTICE
FOR OUR SUPPLIERS
Supplier Code of Practice

BUSINESS ETHIC

ENVIRONMENTAL MANAGEMENT

HUMAN RIGHT

OCCUPATIONAL HEALTH & SAFETY
IMPLEMENTATION
FOR OUR BUYERS
Code of Ethics for Procurement Practitioners

Interview

Sign contract and consent to the Code

Successfully recruited
FOR OUR SUPPLIERS
Supplier Code of Practice

Read and accept the Code

Complete the ESG survey for suppliers

Sign contract with ESG contract clause included

Audited on-site
PROGRESS
FOR OUR BUYERS
Code of Ethics for Procurement Practitioners
100%
PROCUREMENT PRACTITIONERS COMPLYING WITH THE CODE
FOR OUR SUPPLIERS
Supplier Code of Practice
NUMBER OF SUPPLIERS COMPLYING WITH THE CODE

Read the Supplier Code of Practice here
SUPPLY CHAIN MANAGEMENT STRATEGY
ThaiBev’s supply chain management strategy is developed in line with ThaiBev Vision 2020 and essential to ThaiBev’s aspiration in thriving as stable and sustainable ASEAN leader in food and beverage industry. The strategy comprises of five pillars: Visibility, Synergy, Integrated Risk Management, Centralized Management, and Standardization.

VISIBILITY
Enhance digital capability to improve sustainability compliance and gain insights to supplier’s sustainability risks

Sustainability Objectives
Compliance with Sustainable Sourcing Policies
Assess supplier risks and track supplier performance via online supplier portal: Supplier Life Cycle Management (SLCM)

Supply Chain Transparency
Implement CROSS Procurement solution to enhance procurement data accessibility and analytics


SYNERGY
Foster for more collaboration from both internal and external stakeholders for mutual growth

Sustainability Objectives
Supplier Capability Development
Recognize business partners with outstanding performance through Business Partner Award Program

Collaborate with strategic business partners through Thailand Supply Chain Network (TSCN)

Sustainable Agriculture
Work with strategic business partners to obtain a third-party certification for key agricultural commodities

Supply Chain Transparency
On-board business partners to CROSS Procurement to improve their digital capability


INTEGRATED RISK MANAGEMENT
Consider wide array of risks beyond financial aspects from the screening of new suppliers to supplier performance evaluation

Sustainability Objectives
Compliance with Sustainable Sourcing Policies
Monitor supplier compliance with Supplier Code of Practice via SLCM

Supplier Capability Development
To integrate sustainability factors into Business Partner Award criteria in 2020

Sustainable Agriculture
Mitigate potential supply chain risks by encouraging business partners to adopt sustainable agricultural practice


CENTRALIZED MANAGEMENT
Strive towards process excellence for efficiency, compliance, and transparency

Sustainability Objectives
Compliance with Sustainable Sourcing Policies
Improve corporate governance, transparency, and traceability through centralized online supplier portal SLCM and CROSS Procurement

Supply Chain Transparency
Connects SLCM with CROSS Procurement to integrate procurement data seamlessly into consolidated online database


STANDARDIZATION
Standardize process and professionalize human capital to support growth and business expansion

Sustainability Objectives
Supplier Capability Development
Build supplier’s digital capability through SLCM as part of global procurement platform

Sustainable Agriculture
Apply both international and local standards to the sourcing of agricultural commodities

Supply Chain Transparency
Digitalize and automate procurement processes through multiple online platforms


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