Al Naboodah Group Enterprises leads discussion on supply chain management and sustainability
Inaugural Supply Chain Conference featured speeches by industry thought leaders on best practices in the supply chain
Dubai, United Arab Emirates - 19 November 2017: Al Naboodah Group Enterprises (ANGE), one of the UAE’s oldest and most respected family conglomerates with a diverse portfolio of businesses, took a leadership role on supply chain best practices by hosting its first Supply Chain Stakeholder Conference. With a strong theme of sustainability, the event was one in a series of measures that ANGE is undertaking to emphasise its commitment to adopt socially responsible practices throughout the supply chain.
The conference brought together ANGE executive management, strategic partners and stakeholders at the Meydan Hotel, with the aim to create a platform for constructive dialogue on supply chain governance, opportunities, challenges, and sustainable best practices. Through a series of presentations by industry leaders, starting off with ANGE and followed by insights from OBO Betterman, FK Construction, Knauf, Ernst and Young and a prominent government body, the prevailing message was one of collaboration and change.
Paul O’Flaherty, Group Chief Executive Officer for Al Naboodah Group Enterprises commented: “As a responsible corporate leader, Al Naboodah Group Enterprises has an obligation to its partners and stakeholders to operate sustainably and ethically, and this is no different across our supply chain. Our robust governance framework, highlighted by a Code of Practice, ensures that we conduct our business with integrity and accountability while we strive towards our 2020 vision of being a partner of choice.”
Over the past year, ANGE has taken significant strides in implementing a supply chain governance framework, which included the introduction of a Supply Chain Code of Practice and a Supply Chain Charter, a set of strategic guidelines for good practice amongst supply chain partners. The Code covers responsible practices in international labour and human rights, health and safety, environmental awareness, zero tolerance of corruption, local community development and timeliness. As a measure of accountability, the Charter represents a commitment by ANGE suppliers to adhere to the practices set out in the Code of Practice. To-date, 63% of ANGE suppliers approached have signed the Charter, committing to the guidelines for their own supply chain operations.
Adam Fleming, Group Supply Chain Manager for Al Naboodah Group Enterprises added: “Supply chain management is a collaborative effort which brings shared rewards. While Al Naboodah Group Enterprises is clear in its objectives, we recognise that this journey is a mutual one. The Supply Chain Stakeholder Conference is just one measure we have taken to help the Group further engage with our suppliers, identify new opportunities and help solidify long-term partnerships, ensuring a sustainable future for us all.”
With the Supply Chain Conference increasing momentum, ANGE will continue to focus on strengthening its supply chain governance and reinforcing the Supply Chain Charter.
As an added measure of accountability to supply chain best practices, ANGE’s commitment to sustainability disclosure was demonstrated in the Sustainability Report 2016, which was prepared in accordance with GRI guidelines.