TWM is a company that provides integrated service in "T.I.M.E.," namely telecom, Internet, media and entertainment). We worked with over 500 suppliers in 2019 in 6 categories based on the type of procurement, amount, criticality and so on. Our annual global procurement amount reaches NT$28.5 billion on a yearly basis, including mobile phone products, telecommunications / communications and network equipment. Among them, consumer electronics takes up the highest percentage in terms of procurement expenses.
|Procurement Expense Analysis (Pie Chart)|
|Six Categories||Number of Suppliers||Percentage of Procurement Amount|
|Information Service and Equipment||151||5.7%|
|Marketing/Consulting Service and General Service||107||0.69%|
|Identification Tier-1 Critical Suppliers (Pie Chart)|
|Six Categories||Number of Critical Suppliers||Percentage of the Number of Suppliers|
|Marketing/Consulting Service and General Service||8||7.84|
|Information Service and Equipment||21||20.59|
In order to achieve the supply chain management goal of "Implementing Sustainability," TWM has focused on reducing the environmental impact caused by its value chain. We have set up the Environmental Management Committee and defined different types of procurement projects, as well as setting relevant environmental standards to maximize our purchase of products and services with less impact on the environment. The total amount of green procurement in 2019 reached NT$189.35 million.:
TWM's supply chain management focuses on local procurement and supply risk reduction. In 2019, TWM's local procurement totaled at 27.3 billion, accounting for 95.77% of the total annual procurement. The distribution of procurement by region is shown in the figure below. Strengthening the flexibility of supply chain allocation is our number one strategy in reducing supply risks. In the meantime, we continue to optimize the transportation of supply to take into account transportation cost management, as well as reducing carbon emission from logistics operations.
|Region||Percentage of Procurement Amount|