UNLV Discussion. Las Vegas Sands Corp. Overview Las Vegas Sands Corp. Procurement & Supply Chain Las Vegas Sands Corp. ECO360

Transcription

1 UNLV Discussion Las Vegas Sands Corp. Overview Las Vegas Sands Corp. Procurement & Supply Chain Las Vegas Sands Corp. ECO360

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3 OUR DIVERSIFIED MICE-FOCUSED MODEL The Venetian Macao Sands Cotai Central, Macao Marina Bay Sands, Singapore The Parisian Macao Las Vegas Sands (LVS) is a leading developer and operator of MICE-focused Integrated Resorts. A LVS MICE-focused Integrated Resort is a world-class tourism asset that seamlessly integrates a wide range of experiences and amenities that a business or leisure guest might seek. Our Integrated Resorts attract millions of visitors each year while also enabling economic growth, increasing employment and enhancing a destination s business and tourism appeal. Sands Macao Four Seasons Macao Sands Bethlehem The Venetian Las Vegas The Palazzo, Las Vegas 3

4 OVER US$22 BILLION OF INVESTED CAPITAL IN LARGE- SCALE GLOBAL DEVELOPMENTS Sands Expo and Convention Center Sands Macao Palazzo Las Vegas Sands Bethlehem Sands Cotai Central The St. Regis Macao The Venetian Las Vegas The Venetian Macao Four Seasons Macao and Plaza Casino Marina Bay Sands The Parisian Macao 4

5 WE ARE THE LARGEST DEVELOPER AND OPERATOR OF INTEGRATED RESORTS IN THE WORLD Total Invested Capital Gross Floor Area of IRs Total Hotel Rooms Total Retail Mall Space Total MICE Space Total Gaming Space $22.7 billion 60,000,000 sf 22,800 rooms 4,600,000 sf 5,900,000 sf 1,800,000 sf Approximate Market Cap: MGM: 14B Wynn: 14B Marriott: 46B Sands: 47B 7

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7 Las Vegas Sands Corp. Procurement & Supply Chain 7

8 Procurement Function Sourcing Philosophy: Procurement supports user departments by sourcing products and services for the best value (not necessarily the lowest bid) from the most suitable suppliers. Key Considerations: Procurement Foundation: Transparency, integrity, openness, fairness, competition and accountability are the basis for ethical procurement. Quality Delivery Cost Environmental Performance Supplier Integrity Regional preferences

9 2017 Global Spend 2017 Addressable Spend : $2.6B Insurance Entertainment Surveillance Technology Legal Aviation Utilities Beverage Employee Benefits Facility Ferry Retail Development Furniture, Fixture Equipment Outside Services Marketing Food Gaming Operating Supplies

10 Procurement Process Source to Pay Lifecycle Policies & Procedures / Partnerships Business partners Finance Policy Need is identified Accounts Payable / Finance Approvers Remit Payment Source Product / Service Sourcing Procedure Suppliers Receiving Procedure End Users Supply Chain Suppliers Receive Goods/Service Supplier Selection Due Diligence Procedure Compliance Department Contracts Purchase Orders Approval & Authorization Policy Legal Department Business & Executive Approvers

11 Local Supplier Support Program Macao Example

12 Sands ECO360 12

13 SANDS ECO360 Global Strategy Award-winning Program

14 environmental goals Ensure availability and sustainable management of water and sanitation for all Ensure access to affordable, reliable, sustainable and modern energy for all Ensure sustainable consumption and production patterns

15 FOCUS AREAS WATER ENERGY PROCUREMENT WASTE

16 PROCUREMENT: FOOD

17 PROCUREMENT: FOOD

18 WASTE

19 WATER

20 ENERGY

21 ENVIRONMENTAL PERFORMANCE

22 WE INVITE YOU TO STAY AT OUR SUSTAINABLE RESORTS