Responsible and Resilient Supply Chain Governance
Monde Nissin manages supply chain governance to manage risks, support compliance, and reinforce operational resilience. The Procurement Policy and Supplier Code of Conduct (SCOC) form the foundation of supplier governance. Both are approved at the CEO level and subject to Board oversight, with relevant findings reported through established governance channels.
Supplier Engagement and Governance Approach
Policy Updates in 2025
- The Procurement Policy was reviewed and updated to reflect operational requirements, including standardized payment terms and approval limits.
- Updated versions were cascaded internally, with feedback under review to support clarity and implementation consistency.
- Suppliers are no longer required to submit hard copy company profiles, reducing paper use and improving processing efficiency.
Supporting Suppliers with Supply Chain Financing (SCF)
SCF program expanded in 2025
Payment terms extended from 30 to 45 days
Participating suppliers may receive payment as early as 10 days from invoice receipt
Supports liquidity management and transaction efficiency
Digital Innovation and Transformation
Structured Accreditation
Suppliers undergo structured accreditation aligned with our standards.
Due Diligence
Comprehensive due diligence is conducted across key risk areas.
Regular Assessments
Ongoing assessments help ensure performance and continuous improvement.
Third-Party Screening
Covers financial viability, legal compliance, and potential labor, corruption, or sanctions-related risks where identifiable.
Issue Management
Identified concerns are managed through escalation and corrective action processes.
Additional data on procurement can be found under Procurement Practices in the Annex.
Supplier Code of Conduct (SCOC)
SCOC requirements continued to be cascaded through formal communication channels, including vendor portals and procurement communications. Supplier acknowledgements are tracked, and requirements are integrated into accreditation and reassessment processes.
An updated version of the SCOC is being evaluated, informed by regulatory developments and operational experience.
Responsible Sourcing Practices
Responsible sourcing considerations are embedded into procurement decisions to strengthen resilience, support communities, and manage environmental and social impacts.
Local and Agricultural Inputs
Strategic Sourcing for Resilience
Shorter Distances, Faster Lead Times
Evaluating
Alternatives
Risk Management for Business Continuity
- Diversification of supply sources
- Insurance coverage for inventory exposure
- Alignment with eco-efficiency initiatives across operations
Management of climate-related risks
For more information, see direct answers for disclosures related to environmental and social impacts of supply chain in the SASB Content Index.