Supply Chain Management
Supply chain management involves coordinating, managing, and optimizing the Group’s network of suppliers, manufacturers, and distributors to ensure that the Group’s products are sourced, managed, and delivered in a socially and environmentally responsible manner.
Why It Matters to Us
We rely on a robust supply chain to connect our products and services to our stakeholders in a timely and cost-efficient manner. However, poor supply chain choices may cause wastage, poor fulfillment, and unintended social and environmental damage. Since supply chain is at the core of MST Golf’s operation as a retailer and wholesaler of golf products, it is even more vital for us to understand our supply chain not only as a tool for delivering economic value but also as a key avenue to reduce carbon footprint and create impact for our non-verbal stakeholders like animals, planet, and future generations. As our supply chain involves parties beyond our company, we intend to work with our stakeholders to create a more conscious supply chain together.
Smart Procurement - Implement better procurement practices to reduce stock wastage and increase economic benefits.
Lean Improvement - Improve workplace environment, fulfillment efficiency, and stakeholder satisfaction by practicing lean management systems.
Greenify Supply Chain - Work and champion sustainability with our suppliers and support local suppliers whenever feasible.
Distributed vendor code of conduct.
Measuring the proportion and amount spent on local suppliers.
Aging stock monitoring and data-driven procurement.