UOB Thailand has launched a strategic supplier financing programme for Berli Jucker Public Company Limited (BJC), a leading ASEAN manufacturer, packager, retailer, and distributor of consumer goods, and Big C Supercenter Public Company Limited (Big C), its flagship retail business. The initiative aims to enhance cash flow efficiency and support BJC Big C’s extensive supplier network, ensuring seamless operations across its supply chain.
This programme provides BJC Big C’s suppliers with early payment options on their invoices, improving working capital management through special interest rate lending, while allowing BJC Big C to optimise its payment terms. By enhancing financial flexibility, the initiative strengthens supply chain resilience and reinforces BJC Big C’s ability to maintain consistent product availability for customers.
Ms Vira-anong C. Phutrakul, Deputy CEO and Country Head of Wholesale Banking, UOB Thailand, stated: "The financing programme, supported by UOB’s expertise in financial supply chain management (FSCM) solutions, offers suppliers greater financial stability and 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 CEO & President of Big C Supercenter PLC, added: "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 via the UOB Digital Banking Platform, enabling BJC Big C and its suppliers to seamlessly submit invoices, process payments, and initiate financing requests through a single login using the bank’s digital FSCM feature.
This initiative underscores UOB Thailand’s commitment to financial innovation and BJC Big C’s dedication to operational excellence, reinforcing supply chain sustainability and strengthening Thailand’s retail sector.
