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
Enhance digital capability to improve sustainability compliance and gain insights to supplier’s sustainability risks
Compliance with Sustainable Sourcing Policies
Assess supplier risks and track supplier performance via online supplier portal: Supplier Life Cycle Management (SLCM)
Supply Chain Transparency
Fully launch CROSS Procurement in 2020 with the modules such as CROSS Source, CROSS Contract, CROSS Buy, and CROSS SRM with clearly defined process flow and traceability
Supplier Capability Development and Collaboration
Require Business Partner Award participants to identify their own critical suppliers and have formalized process to assess their risks
Foster for more collaboration from both internal and external stakeholders for mutual growth
Supplier Capability Development & Collaboration
Recognize business partners with outstanding performance through Business Partner Award Program.
Collaborate with TSCN co-founders and strategic partners to manage business continuity risk and implement preventive measures during COVID-19
Sustainable Agriculture
Work with strategic business partners to obtain a third-party certification for key agricultural commodities and support local farmers to adopt sustainable agricultural practices
Supply Chain Transparency
On-board business partners to CROSS Procurement to improve their digital capability
Consider wide array of risks beyond financial aspects from the screening of new suppliers to supplier performance evaluation
Compliance with Sustainable Sourcing Policies
Monitor supplier compliance with Supplier Code of Practice via SLCM
Supplier Capability Development and Collaboration
Require Business Partner Award participants to implement their own supplier code of conduct with the primary focus on their critical suppliers
Sustainable Agriculture
Set the quantitative target to achieve 100% of responsibly sourced key agricultural raw materials
Strive towards process excellence for efficiency, compliance, and transparency
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
Standardize process and professionalize human capital to support growth and business expansion
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