Supply Chain Management
Supply Chain Policy
AI Energy Public Company Limited (“the Company”) places importance on responsibly managing
the value chain to those stakeholders involved in the business value chain, a critical
factor that influences the efficient delivery of products from the production process to
customers. Therefore, the Company's business value chain management encompasses activities
ranging from selecting potential partners, managing partners, to providing services and
delivering products to customers, aiming to create satisfaction for all stakeholders
throughout the value chain. This includes analyzing and assessing the impacts on the social
and environmental aspects throughout the supply chain to increase opportunities, reduce
risks, enhance transparency, and strengthen the long-term relationships with partners and
business allies.
Guidelines for Supply Chain Management:
The Company establishes a supply chain management policy that aligns with socially and
environmentally responsible business operations. It adheres to business ethics strictly for
partners, aiming to prevent unfair partner selection, trade restrictions, and unfair
competition, as well as preventing corruption in each supply chain. The following are the
key points:
- Partners:
- Customers:
- Environment:
Partner Selection Process:
The Company has a procurement process and fair contract terms, and it selects,
registers, and monitors partners equally through a standardized evaluation process. The
evaluation criteria include partner performance in quality, safety, financial, social,
and environmental responsibility, human rights, fair employment, and business
continuity. Once selected, partners are registered in the Approved Vendor Lists,
categorized into 3 categories; raw materials, services, and others, ensuring that the
Company receives efficient inputs for its operations.
Performance Evaluation of Partners:
The Company conducts regular evaluations of its raw material partners to track their
performance and promote sustainable business development. The supplier evaluation covers
social and environmental issues. If a supplier is found to have a high risk that may
affect the quality of raw materials or the ability to deliver them, the Company develops
a corrective action plan to address the issues, providing guidance for the partner to
understand and implement measures to reduce risks in future business operations.
The Company is committed to producing products and services with responsibility towards
customers, ensuring that consumers receive goods and services that are of high quality,
safe, and meet their maximum requirements. This is done in compliance with relevant laws
and standards, taking into consideration health, safety, fairness, customer data
protection, after-sales service throughout the product lifespan, and monitoring customer
satisfaction to improve and enhance products and services. The Company has been audited
and certified with ISO9001, ISO14001, ISO45001, ISO22000, FSSC22000, and RSPO by various
certified bodies, assuring customers that our products and services are of high quality,
safe, and support palm oil sustainability.
The Company demonstrates environmental responsibility by
preventing, reducing, managing, and ensuring that it does not create or contribute to
negative environmental impacts. This covers the use of raw materials, energy consumption
(for production, transportation, or office use), water usage, circular resource
utilization, emissions, and waste management resulting from business operations.
The Company has established a Business Ethics for Partners to promote sustainable business
practices that align with the Company's operations.
Targets and Results
| Indicators | Targets (%) |
Results (%) year 2023 |
|---|---|---|
| Sending Business Ethics for Partners to Suppliers (Raw ma terial) and Customers | 50 | 100 |
| Partners who have acknowledged the B usiness Ethics for Partners | 100 | 100 |
