470+ Exhibitors at UBM’s Indonesian Furniture Show
March 24, 2015
Reportedly Indonesia’s largest furniture trade show, Indonesia International Furniture Expo (IFEX) 2015, ran for four days from 12th to 15th March at Jakarta International Expo (JIExpo). Organised by PT Dyandra UBM International, a joint venture company of UBM Asia and Dyandra, IFEX utilised all halls at JIExpo as well as several large temporary halls.
More than 470 exhibitors showcased a wide range of contemporary and traditional furniture products, with a special focus on wooden and rattan furniture products. Highlighting the importance of the furniture industry and furniture exports for the country’s economy, the show was opened by Indonesia’s President, Mr. Joko Widodo. The organiser expected to attract around 8,000 trade buyers.
Ernst K. Remboen, president director of PT Dyandra UBM International, commented, “The furniture industry in Indonesia is enjoying very robust growth on the back of strong exports and surging domestic demand. The nation has abundant supplies of sustainable raw materials such as wood, rattan, bamboo and natural textiles, as well as a highly skilled labour force and extensive manufacturing capacity. The size of IFEX is expanding each year, and I expect that it will soon become one of the key events in the global calendar of furniture exhibitions.”
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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