Supplier Management: Our MPS Strategy in SANA Polymer

In today’s highly competitive and fast-evolving industrial landscape, companies must go beyond traditional procurement practices to stay ahead. At SANA Polymer, we have embraced a proactive and strategic approach through Managed Procurement Services (MPS), focusing specifically on Supplier Management. Our objective is to build sustainable supplier relationships, reduce procurement risk, and optimize operational efficiency, all while ensuring quality and cost-effectiveness.

Understanding Managed Procurement Services (MPS)

Managed Procurement Services is a strategic outsourcing model that allows organizations to streamline procurement functions by delegating part or all of their procurement processes to expert third-party providers or by building specialized in-house procurement teams with a strong focus on strategy, performance, and analytics. At SANA Polymer, we have developed an in-house MPS model centered around Supplier Management to ensure our sourcing practices are agile, transparent, and value-driven.

This strategy allows us to optimize supplier selection, performance monitoring, and risk management. It also enables enhanced collaboration, innovation, and long-term value creation in our supply chain. By managing our suppliers through an MPS lens, we foster alignment with our business goals and improve the quality and delivery of goods and services.

The Importance of Supplier Management

Supplier management is more than just choosing who to buy from — it’s about nurturing relationships that fuel sustainable growth. In our operations at SANA Polymer, suppliers are seen as strategic partners rather than mere vendors. A well-structured supplier management system enhances product quality, ensures timely delivery, and reduces operational disruptions. It also provides opportunities for innovation, co-development, and mutual growth.

Through our MPS approach, supplier management involves a structured process of:

• Identification and qualification
• Onboarding and integration
• Performance evaluation
• Continuous improvement and development
• Risk assessment and mitigation
• Strategic collaboration

Each of these components plays a vital role in our supply chain resilience and overall company performance.

SANA Polymer’s Approach to Supplier Management

1. Strategic Supplier Selection

We start our supplier management process by identifying suppliers who align with our company’s values, capabilities, and quality expectations. In line with our MPS strategy, we leverage data-driven evaluations and market intelligence to identify vendors who can deliver consistent value. We assess potential suppliers based on criteria such as financial stability, production capabilities, sustainability practices, compliance, and innovation potential.

Our selection process goes beyond short-term cost comparisons. Instead, we emphasize long-term value, scalability, and cultural fit, ensuring that our partners can support our strategic direction.

2. Onboarding and Supplier Integration

A seamless onboarding process is essential for integrating suppliers into our procurement ecosystem. SANA Polymer’s MPS framework includes a structured onboarding workflow that ensures each supplier understands our business processes, quality standards, compliance requirements, and communication protocols.

We invest in training and knowledge sharing to foster alignment between our internal teams and external suppliers. This integration phase helps build a foundation of trust and transparency, which is critical for collaborative success.

3. Supplier Performance Management

At the core of our MPS strategy is robust supplier performance management. We continuously evaluate suppliers based on key performance indicators (KPIs) such as:

• On-time delivery
• Product quality
• Cost competitiveness
• Responsiveness
• Innovation contribution
• Compliance and certifications

These metrics are tracked through advanced procurement systems that provide real-time insights and analytics. We conduct regular performance reviews and encourage open dialogue to identify areas of improvement and reward excellence.

4. Risk Management and Compliance

In the polymer industry, disruptions in raw material supply or quality issues can significantly impact production timelines and customer satisfaction. Therefore, risk management is a key component of our supplier management strategy.

We assess risks at multiple levels — from geopolitical and financial risks to operational and environmental risks. We also ensure that all suppliers comply with regulatory standards, safety protocols, and ethical business practices. Through periodic audits and risk assessments, we maintain a high level of governance and control across our supply chain.

5. Collaboration and Supplier Development

Supplier management at SANA Polymer is not a one-way street. We actively invest in supplier development programs, sharing technical knowledge, quality control methodologies, and process optimization techniques. This helps uplift our suppliers’ capabilities and fosters a sense of partnership and loyalty.

We encourage collaborative problem-solving and innovation through joint development initiatives. Whether it’s co-creating new polymer formulations or enhancing logistics efficiencies, our suppliers play a key role in our innovation ecosystem.

6. Digital Procurement Tools

As part of our MPS implementation, we have adopted digital tools that streamline and automate supplier interactions. These tools include:

• Supplier portals for real-time communication and order tracking
• Data analytics dashboards for performance monitoring
• Risk management software
• E-procurement platforms for sourcing and contracting

Digitalization enables us to reduce manual processes, improve decision-making, and foster more strategic supplier relationships.

Benefits of Our Supplier Management Strategy

By implementing a structured and strategic supplier management approach under our MPS framework, SANA Polymer has realized several key benefits:

• Improved Supplier Reliability: Our suppliers deliver with higher consistency and reliability due to clear expectations and performance tracking.
• Cost Optimization: Better negotiations, consolidated spending, and efficient procurement processes reduce total cost of ownership.
• Innovation Enablement: Collaborative supplier relationships lead to innovation in product development and process improvement.
• Risk Mitigation: Proactive risk management protects us from supply chain disruptions.
• Agility and Scalability: We can quickly adapt to market changes and scale our operations without compromising quality or timelines.

Looking Ahead

At SANA Polymer, supplier management will continue to be a cornerstone of our procurement strategy. As markets evolve and new challenges arise — from global supply chain disruptions to stricter sustainability mandates — our MPS approach allows us to stay flexible, responsive, and competitive.

We plan to further strengthen our supplier network by:

• Expanding our supplier base in emerging markets
• Deepening supplier collaboration through digital innovation labs
• Integrating ESG (Environmental, Social, Governance) criteria into our supplier scorecards
• Investing in AI-driven procurement analytics

Our vision is to transform supplier management from a transactional function into a strategic enabler of business growth and sustainability. By doing so, SANA Polymer will continue to lead in quality, innovation, and customer satisfaction — powered by a world-class supplier ecosystem.