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Improving Supplier Performance and Reporting: A Case Study on Molson Coors and Sedex
Applicable Functions
- Logistics & Transportation
- Procurement
Use Cases
- Inventory Management
- Supply Chain Visibility
The Challenge
Molson Coors, the fifth-largest beverage company worldwide, operates in 100 countries and is known for popular beer brands like Coors Light, Miller Lite, and Carling. To compete in a global market, Molson Coors needed to maintain strict standards for themselves and their suppliers. They aimed to act ethically, responsibly, and in compliance with the law. However, they faced challenges in understanding their supply chain, setting measurable goals, and improving their processes. They also wanted to gain greater visibility into their suppliers’ operations and instigate conversations around sustainability risks and mitigation plans. Furthermore, they needed to enhance their Environmental, Social, and Governance (ESG) reporting to investors and improve supplier engagement and performance.
About The Customer
Molson Coors is a globally recognized beverage company, ranking as the fifth-largest worldwide. The company operates in 100 countries and is primarily known for its beer brands, including Coors Light, Miller Lite, and Carling. However, their portfolio also includes a variety of non-alcoholic beverages. To maintain their competitive edge in the global market, Molson Coors places a high emphasis on ethical, responsible, and law-abiding operations. This commitment extends to their suppliers, from whom they demand the same high standards. The company is dedicated to improving its supply chain management, enhancing supplier performance, and increasing transparency in its operations.
The Solution
Molson Coors joined Sedex to source more responsibly and ensure their supply chain followed ethical and sustainable business practices. They used the Sedex platform as part of their procurement management process to better understand the risks of their supply and to ensure their suppliers complied with their high business standards for operating ethically and sustainably. Sedex’s Management Controls Score allowed Molson Coors to easily report on their suppliers’ answers to the Self-Assessment Questionnaire (SAQ) from five key areas of risk: Labor standards, Health and safety, Business ethics, Environment, and Supply chain management. They expanded their area of focus by going from a small number of questions to focusing on all areas of risk from the SAQ data they receive back from their suppliers. They also used the Management Controls Score to help with their company’s increased focus on reporting supply chain performance and activities to investors and analysts.
Operational Impact
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Hospital Inventory Management
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