Suppliers

The Group's deep-rooted relationships with diverse and extensive supply chains across the country is a defining aspect of its value creation process, strengthening its socio-economic footprint. Suppliers are diverse in geographical profile and scale of operations, ranging from individuals and small-scale suppliers to large B2B players

Key supplier-related metrics

54%
Local suppliers
Rs.325 bn
Payments to suppliers
Over 70,000
Suppliers

Social & Relationship Capital- Our Suppliers

Building inclusive value chains

Through its diverse businesses, the Group connects rural communities to global supply chains, facilitating market linkages, building capacity and providing access to finance and resources.

> 400
Fibre suppliers to Eco Solutions Sector
> 7,000
Latex suppliers to DPL
> 850
Charcoal and coconut shell suppliers to Haycarb
> 12,000
Outgrowers in the Agriculture Sector
Key Highlights in 2023/24 image
INITIATIVE

Supplier development initiatives

In building resilient supply chains and supporting the long-term sustainability of our valued partners, several key sectors in the Group conduct ongoing supplier development programmes. These initiatives entail providing access to input materials, raising awareness on good social and environmental practices and ongoing capacity development

Way forward

Immediate term priorities
  • Product strategy centered on premium, value-added offerings
  • Optimising working capital to reduce inventory build up
  • Talent retention
  • Optimise funding and borrowing structures through proactive negotiations with banks
Medium-term priorities
  • Strengthen foreign currency generating capabilities through enhancing export-oriented sectors
  • Refine product offerings in tourism sector to cater to anticipated surge in industry
  • Organic and inorganic growth in complementary sectors and businesses
  • Digitalisation to drive efficiencies, enhance productivity and obtain richer data sights