UNLV Discussion
• Las Vegas Sands Corp. Overview
• Las Vegas Sands Corp. Procurement & Supply Chain
• Las Vegas Sands Corp. ECO360
https://www.youtube.com/watch?v=xueECluKQn0
WE ARE THE LARGEST DEVELOPER AND OPERATOR OF
INTEGRATED RESORTS IN THE WORLD
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Total Invested Capital $24.5 billion
Gross Floor Area of IRs 57,000,000 sf
Total Hotel Rooms 22,043 rooms
Total Hotel 22,600,000 sf
Total Food & Beverage 900,000 sf
Total Retail 5,200,000 sf
Total MICE 5,500,000 sf
Total Entertainment 1,200,000 sf
Total Gaming 2,600,000 sf
Total Support 19,000,000 sf
Las Vegas Sands Corp.
Procurement & Supply Chain
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.
• Quality • Environmental Performance
• Delivery • Supplier Integrity
• Cost • Regional preferences
Key Considerations:
Procurement Foundation:Transparency, integrity, openness, fairness, competition and accountability are the basis for ethical procurement.
2018 Spend: $2.6B
Beverage Employee Benefits
Facility
Ferry
Furniture, FixtureEquipment
Food
Gaming
Marketing
Operating Supplies
Outside Services
DevelopmentRetail
Surveillance
Technology
Entertainment
InsuranceLegal
Aviation
Utilities
2018 Global Spend
Approval & Authorization Policy
• Compliance Department
Due Diligence Procedure
• Suppliers
Sourcing Procedure
• Legal Department• Business & Executive Approvers
Procurement Process
Source to Pay Lifecycle – Policies & Procedures / Partnerships
Need is identified
Source
Product / Service
Supplier Selection
Contracts
Purchase Orders
Receive Goods/Service
Remit Payment
Finance Policy
Receiving Procedure
• Business partners
• Accounts Payable / Finance
• Approvers
• End Users • Supply Chain• Suppliers
Local Supplier Support Program—Macao Example
Sands ECO360
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SANDS ECO360 GLOBAL STRATEGY
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2016-2020 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
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SANDS ECO360 GLOBAL STRATEGY
Award-winning Program
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ENERGY: ELECTRICITY
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WATER
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WASTE
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FOOD
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PROCUREMENT
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TRANSPORTATION
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2018 SANDS ECO360 GLOBAL PERFORMANCE
EMISSIONS:
2020 Target: -6.1%
2018: -5.8%
WATER (per sq. ft.):
2020 Target: -3.0%
2018: -3.3%
WASTE (diversion):
2020 Target: +5.0%
2018: +2.7%
TM ENGAGEMENT
2020 Target: 1,000,000
2018: 783,260
Sands ECO360 Actions
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NEAR FUTURE PRIORITIES
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WE INVITE YOU TO STAY AT OUR SUSTAINABLE RESORTS