Unilever has partnered with the Thailand Office of SME Promotion Board (OSMEP) to launch "the country's first diverse suppliers’ recruitment drive; this initiative represents a nationwide effort to identify and engage local and diverse small and medium-sized enterprises (SMEs) to participate in Unilever’s supplier development program."
Originally initiated in 2021, this program continues to operate with defined business-to-consumer (B2C) goals set for 2025. In particular, its primary objectives include promoting gender equality and social inclusivity within the supply chain, thereby fostering a more diverse and equitable business environment in Thailand. Moreover, the positive implications of this program extend beyond Unilever’s operations; it not only enhances supply chain resilience but also "contributes to the economic empowerment of diverse SMEs, supporting broader socio-economic growth in the region."
Localized Enterprise Programs
Unilever Introduced a Suppliers’ Recruitment Drive in Thailand
Trend Themes
1. Gender-inclusive Supply Chains - Gender-inclusive supply chains are emerging as a pivotal strategy to foster diversity and equity within business operations, enhancing overall corporate social responsibility.
2. SME Empowerment Programs - SME empowerment programs are becoming crucial in driving regional economic growth and resilience through the active involvement of local small and medium-sized enterprises.
3. Localized Supplier Development - Localized supplier development initiatives are being increasingly adopted to tailor support and resources to specific regional needs, thereby bolstering local economies.
Industry Implications
1. Consumer Goods - The consumer goods industry can benefit from integrating diverse local suppliers to enhance supply chain robustness and drive socioeconomic improvement.
2. SME Support Services - SME support services are seeing a growing demand as large corporations and governments seek to empower small businesses for broader economic impact.
3. Diversity Consulting - Diversity consulting is increasingly vital as companies aim to embed inclusive practices within their supply chains to meet evolving societal expectations.