Procurement & SMEs
Sustainable procurement means looking beyond the traditional parameters of price, quality, functionality and availability to also include choosing products and services that have a reduced impact on the environment, human health and society. Our sustainable procurement program focuses on both social and environmental aspects.
Wherever possible, we seek to favor procuring goods and services that cause minimal adverse environmental impacts. We might choose those that are more energy and water efficient, or products that include less toxins to reduce health effects, or that use less packaging or have a provision for packaging take-back. In 2015, we spent over MOP30 million (equivalent to HK$29 million) procuring products that are environmentally preferable, such as FSC-certified office paper, LED light bulbs and biodegradable laundry products.
We realize that to integrate a sustainable approach into our procurement activities, it requires continual attention and training. Our Purchasing Department has taken part in third party training on how to identify sustainable alternatives and all of our purchasing managers have been provided with a sustainable purchasing guideline and checklist. We will continue to search for ways to operationalize sustainability through our procurement practices and work with our suppliers to identify opportunities to improve.
Engaging our Local Macau SMEs
Since 2007, MGM has worked consistently with local businesses to build long-term partnerships, while providing support and advice where needed to help smaller businesses thrive and grow. Testament to our approach, over 80% of our procurement is with local Macau businesses. However, we recognize there is further potential for MGM to grow its business and relationships with local SMEs.
MGM’s SME Engagement Program:
In an effort to formalize and expand our commitments to the Macau SME community, MGM has rolled out a dedicated SME Engagement Program focusing specifically on the following local SME categories: Micro-size Enterprise, Made in Macau and Young Entrepreneurs.
The core elements of the Program to date include:
- Quarterly SME Business Matching Sessions: In November 2015, MGM held its first SME Business Matching Session in partnership with the Macao Chamber of Commerce (MCC), the Macao Trade and Investment Promotion Institute (IPIM), and the Macau Productivity and Technology Transfer Center (CPTTM). During the forum, MGM matched over 300 SMEs with MGM representatives to allow SME business owners to present their products and services to our purchasing departments to drive business opportunities.
- MGM SME Advisory Committee: MGM has also created the MGM SME Advisory Committee comprising key MGM decision makers and prominent local business representatives from across the business, non-profit and academic worlds. The Committee convenes quarterly, meeting to provide advice, guidance and recommendations on how to best engage the SME population and increase our level of business.
- Increasing business opportunity through CPTTM’s SME Business Information Platform: To help SMEs increase business competitiveness and efficiency, CPTTM launched the SME Business Information Platform in late 2015 which aims to link SMEs and the business community through an e-commerce platform. MGM is proud to have been the first to be featured on this Platform which allows suppliers to submit electronic tender documentation directly to MGM.
To submit vendor registration forms or any other enquiries, please contact: SME@MGMCHINA.COM.MO