UOB Thailand has launched a strategic supplier financing programme for Berli Jucker Public Company Limited (SET: BJC), a leader in ASEAN for manufacturing, packaging, retailing, and distributing consumer goods and Big C Supercenter Public Company Limited (Big C), flagship retail business, to enhance cash flow efficiency and support its extensive network of suppliers.
This programme enables BJC Big C’s suppliers to access early payments on their invoices, improving their working capital with special interest rate lending, while allowing BJC Big C to optimise its payment terms. By facilitating greater financial flexibility, the initiative strengthens BJC Big C’s supply chain resilience and reinforces its ability to deliver consistent value to customers.
Ms Vira-anong C. Phutrakul, Deputy CEO and Country Head of Wholesale Banking, UOB Thailand said “The financing programme, facilitated by UOB’s expertise in financial supply chain management (FSCM) solutions, offers suppliers greater financial stability with improved cash flow management. It aligns with BJC Big C’s commitment to fostering long-term partnerships while driving innovation in Thailand’s retail sector.”
Mr Aswin Techajareonvikul, Executive Vice Chairman of Berli Jucker PLC and Chief Executive Officer and President of Big C Supercenter PLC, said “We are pleased to partner with UOB on this supply chain financing initiative. This programme will not only provide critical financial support to our suppliers but also enhance the overall efficiency of our operations, ensuring uninterrupted product availability for our customers.”
The programme is implemented through UOB Digital Banking Platform where BJC Big C and its suppliers can seamlessly connect in single login to place invoice, pay and collect, as well as initiate financing requests via the Bank’s digital FSCM feature.
