Thidarat Dechayonbuncha, Head of Procurement at CP Foods said the company is committed to supporting and developing its business partners and farmers in its supply chain to improve capacities in terms of production efficiency and responsible environmental management, adhering to international standards. To meet the target, the company cooperate with TGO to raise awareness and encourage our suppliers, including SMEs, to adjust and improve their operations, aiming to supply low-carbon products in response to combating global warming.
The webinar educated suppliers about the carbon footprint of products and how to develop low-carbon products or reduce greenhouse gas emissions. It aims to provide Thai entrepreneurs with the necessary knowledge and tools to compete in the global market, with an increasing environmental consciousness. This, in turn, leads to wider opportunities for business growth.
The experts from TGO help suppliers understand and apply mechanisms and tools to reduce greenhouse gas emissions throughout the entire supply chain, including raw material sourcing, production processes, transportation, consumption, and packaging management. This collaboration enables effective strategies to be developed for reducing greenhouse gas emissions and fostering the development of "low-carbon food products" in response to the growing demand for environmentally conscious products.
The Partner to Grow program aims to equip suppliers with knowledge, provide expertise, and offer know-how to help them increase efficiency while reducing production costs for consistent growth. Under this project, the company has initiated a variety of projects tailored to suit suppliers of different sizes and potential.
The "SMEx, Lower Costs, and Eco-friendly" scheme aims to assist approximately 10 potential small and medium-sized suppliers in developing pilot projects to improve their production efficiency using the Lean Six Sigma approach. This project targets suppliers to help them save costs and increase their revenues.
The project is part of the "Partnership Enhancement Program," which aims to improve the competitive potential and sustainable operation of suppliers by offering expertise in four dimensions: cost-effectiveness, process improvement or innovation, responsible practices, and governance.
CPF is committed to strengthening and developing business partners for sustainable growth by raising the standard of food production based on the social and environmental responsibility (ESG principle) according to CPF food standards and CPF Supply Chain ESG Management Approach, along with sustainable sourcing policies and supplier guiding principles.
CPF is committed to strengthening and developing business partners for sustainable growth by raising food production standards based on social and environmental responsibility (ESG principles). This is done through adherence to CPF food standards, CPF Supply Chain ESG Management Approach, sustainable sourcing policies, and supplier guiding principles.
In addition to the "Partner to Grow... grow together sustainably" initiative, CPF also collaborates with Bangkok Bank to support suppliers in accessing financial resources with special interest rates. This aims to strengthen suppliers' liquidity and financial statements, helping to ensure the continuous delivery of high-quality and hygienic food products while maintaining a responsible food supply chain.
Source: Charoen Pokphand Foods
