Sands China Ltd. recognised some of its most outstanding suppliers at the Sands Supplier Excellence Awards on January 19th at The Londoner® Macao. The awards were part of a joint event where Sands China also honoured the 13th and 14th cohorts of local SMEs graduating from its Sands Procurement Academy training programme and highlighted some of the success stories of Sands China’s ongoing partnerships with its local SME suppliers.
Sands China also held a cocktail and business networking session to connect local SME suppliers with representatives from various Sands China departments, as well as procurement team members from Las Vegas Sands, Sands China, and Marina Bay Sands.
At the Sands Procurement Academy graduation ceremony, Sands China recognised 69 local SMEs for completing the academy’s training programme. Since the academy was founded in 2017, a total of 524 suppliers have enrolled and 485 have graduated.
The academy helps local SMEs gain experience and capacity for working with large-scale international corporations like Sands China by sharing business knowledge and skills to promote the development of their businesses (Photo by Sands China).
The academy is co-organised with the Macao Chamber of Commerce and the Macau Productivity and Technology Centre (CPTTM). It helps local SME suppliers gain experience and capacity for working with large-scale international corporations by sharing practical business knowledge and skills to promote the development of their businesses.
The academy has been open to all local SMEs in Macao since 2019, after initially targeting a few key categories of local suppliers. This has allowed a broader range of SMEs to benefit from the skills and knowledge offered by the academy’s professionals.
“Our company remains unwavering in our commitment to support the growth of SMEs, as we have continuously launched various programmes through the Sands Procurement Academy – in a bid to help them gain greater knowledge in terms of requirements and standards for working with international corporations,” said Dr. Wilfred Wong, president of Sands China Ltd.
“Our company remains unwavering in our commitment to support the growth of SMEs, as we have continuously launched various programmes through the Sands Procurement Academy,” said Dr. Wilfred Wong, president of Sands China Ltd. (Photo by Sands China).
Sands China also used the opportunity presented by the event to highlight the success stories of some of its local SME suppliers. Since 2016, Sands China has collaborated with local newspapers to publish a series of inspiring stories about SMEs who have forged partnerships and grown together with Sands China.
At the Sands Supplier Excellence Awards, Sands China gave awards to a group of its exceptional suppliers, including local SMEs. An annual initiative of Las Vegas Sands Corp., Sands China’s parent company, the Sands Supplier Excellence Awards acknowledges the cooperation and services of some of the company’s most noteworthy suppliers worldwide. A judging committee composed of Sands China executive management selects Macao’s award winners in several categories each year.
As part of its corporate social responsibility efforts, Sands China has remained committed to procuring locally and helping Macao’s SMEs grow. Sands China had a total procurement spend of MOP 8.4 billion in 2023, with 26 percent going to local SMEs.
The Sands Procurement Academy training programme is a component of Sands China’s Local Small, Medium and Micro Suppliers Support Programme – part of the company’s longstanding support of Macao’s SMEs.
