Corporate bits | Sands China continues to source from local suppliers

Since launching its Local Supplier Support Program in July of last year, Sands China Ltd. has purchased various products from 74 new local suppliers, leading to a total of  more than MOP55 million.
As of July 31, this sum compromised some 1,300 purchase orders, and 2,500 items.
Sands China’s statement outlined that its scheme focused on three types of local businesses which had been identified in collaboration with the Macao Chamber of Commerce: small and micro companies, “Made in Macau” companies, and local young entrepreneurs.
Sands China’s Local Supplier Support Program is in line with the MSAR’s government’s initiative to “buy local” and demonstrates the company’s commitment to supporting local enterprises as part of its corporate social responsibility efforts.
The scheme is part of Sands China’s supplier relationship management strategy which guides the company’s long-
standing effort to source from local suppliers, who it views as its strategic partners.

Wynn closes new deals with local SMEs

In just three months, Wynn Resorts and the Macao Chamber of Commerce’s “Local SME Procurement Partnership Program” have closed new deals valued at MOP68 million, involving than 200 local SMEs.
This scheme consists of Business Matching Sessions and a “Procurement Platform Mobile App Design Competition”, as well as a series of workshops tailored to local SMEs.
Through the Local SME Procurement Partnership Program, Wynn Resorts’ statement said that it has been providing a list of procurement items in 36 categories, as well as organizing business matching sessions.
Each of these sessions focuses on one major category, namely Food & Beverage, Hotel Operations, Facilities and others including, but not limited to Services and Contracts.
According to a statement issued by the gaming operator, incentivizing local companies is a step towards achieving the goal of transforming the region into a global center of tourism and leisure, adding that the company would continue its efforts to “buy local”.