SCM Principle

Supply Chain Management Principle

Strategies to achieve sustainability goal within 3-5 years
CFP Procurement Principles of Thaioil and Subsidiaries:

Clear : Strict compliance with policies and regulations,
check and balance system with clear inspection points throughout the procurement process, training and
awareness raising of ethics and compliance for suppliers, additional audit led by both internal and external parties

Fair : Equal opportunity for all suppliers,

transparent and clear communications, easy and equal access to information through the supplier relationship website

Professional : Develop a bidding strategy
that supports sustainable procurement processes through collaborating with “TOP” Professional Team with representatives from various different functions, employing a global consulting firm to guide the process, and studying best practices, aiming to green procurement.