25 Value Creation @ DNeX DAGANG NeXCHANGE BERHAD Integrated Report 2024 VALUE WE CREATE Value For Us Innovation through Collaboration Advance products and services through strong partnerships Quality Supply Chain Maintain high-quality inputs for consistent excellence Growth & Technology Access Expand markets and adopting advanced technologies through partnerships Sustainability Commitment Work together to achieve sustainability and responsible business goals Value For Them Long-Term Partnerships Build lasting collaborations for mutual growth Fair Compensation Ensure timely and equitable compensation for goods and services provided Transparency & Trust Foster clear communications and transparency in business dealings Market Access and Networking Facilitate networking opportunities and broadening market reach through collaboration Risks Market Volatility Fluctuations in commodity prices and currency rates affecting costs and profits Supply Chain Risks Disruptions from natural disasters, geopolitical issues, or economic downturns Reputation & Compliance Failure to comply with ethical or environmental standards could harm our reputation, weaken trust, and result in losing business opportunities Opportunities Operational Efficiency Make continuous improvement efforts to cut costs, boost competitiveness, as well as optimising operations Strategic Partnerships Build strategic alliances to unlock new markets, technologies, and distribution channels BUSINESS PARTNERS & SUPPLIERS Sustainability Commitment Implement sustainable practices to align with rising consumer expectations and regulatory requirements for eco-friendly products and services Ethical Governance Uphold integrity with clear reporting channels and strong accountability Business Initiatives Strong Corporate Governance Maintain strong governance frameworks to promote transparency, accountability, and ethical conduct Industry Collaboration Collaborate with industry peers, exchange best practices and foster collective growth Ethical Reporting Provide clear channels for communication and whistleblowing Sustainability & ESG Drive long-term value through responsible practices Process Improvement Enhance efficiency and effectiveness Supplier Reviews Ensure quality and sustainability compliance Value Creation Indicators & Highlights Ongoing Evaluation Regularly assessing supplier performance to ensure alignment with our quality, sustainability, and ethical standards, fostering long-term, mutually beneficial relationships Cost Efficiency and Value Optimisation Achieving cost reductions and value optimisation through strategic negotiations, economies of scale, and streamlined supply chain processes Timely Delivery and Reliability Maintaining high standards for on-time delivery and product/service reliability, enhancing customer satisfaction and operational efficiency Ethical Compliance and Integrity Reinforcing ethical standards and compliance across the supply chain, promoting integrity and trust among business partners
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