Procurement

We at Valmet target to build long-term and close relations with our customers and selected key suppliers. We appreciate suppliers’ commitment to ensuring success in quality, on-time performance and sustainability as well as readiness for continuous innovativeness and improvements for cost. We all will succeed if we develop our work together and keep our promises.

Valmet Supplier Relationship Management

Valmet Supplier Relationship Management (SRM) is a systematic way of managing and developing supplier relationships to optimize Valmet value through interacting, performance monitoring and risk minimizing. The target of Valmet's SRM is to develop two-way, mutually beneficial relationships with selected suppliers to deliver greater levels of innovation and competitive advantage.

As a part of SRM, Valmet identifies critical suppliers by classifying them according to their strategic importance as part of Valmet's SRM program. Supplier classification is driven by the selected value drivers, e.g., innovativeness, sustainability, risk exposure, cost competitiveness, product/service importance, volume and spend size and non-substitutability.

What does Valmet's procurement process include?

Valmet has a systematic approach to integrate sustainability into its procurement practices globally. Valmet’s procurement process includes gates and actions to ensure that Valmet cooperates only with suppliers who share its ethical principles and ideology of responsible business practices. The supplier evaluation process is mandatory in evaluating new suppliers before cooperation begins. Sustainability gates are an integrated and automated part of the process. The automated process ensures that all suppliers are assessed in relation to their potential sustainability risk, sign the Sustainable Supply Chain Policy, and complete a sustainability self-assessment, if required based on the risk assessment.

What are the requirements for becoming a Valmet supplier?

We seek suppliers that are both financially sound and responsive to satisfy our customers with top-quality, technically excellent and sustainable components, materials and services, delivered on time. It is also absolutely essential that all suppliers comply with our policies and sustainability requirements.

The online self-assessment is available in nine languages and covers business ethics, compliance, human rights and labor rights, health, safety and environment management, as well as product safety topics.

Preferred method for sending invoices: E-invoicing

Valmet primarily receives invoices via e-invoicing and no longer accepts paper invoices. You can find a full list of e-invoicing addresses here. If the Valmet entity you are invoicing is not listed, please contact your Valmet procurement contact for further guidance.

Send your invoices via inter-operator electronic invoices

Valmet’s operating partner is Basware Oyj (BAWCFI22)

Invoincing adresses

Send a pdf-invoice

While we strongly recommend e-invoicing or key-in service you can send invoices also by email in pdf-format. Use this alternative only if e-invoicing or key-in service is not an option.

How to send PDF

Please note: Valmet reference is extremely important information in all circumstances

The reference needs to be provided in a standard format.
Include NO extra text, numbers or characters in ‘Order number’ or ‘Your reference’ fields
One invoice should only refer to one Valmet company and one Valmet PO
Invoices with Valmet purchase order: Include Valmet purchase order number in the ‘Order number’ field of the invoice
Invoices without Valmet purchase order: Include Valmet reference person in email format in the ‘Your reference’ field of the invoice

Valmet secures its vendor payments

Valmet verifies vendor bank account information to reduce risk and ensure that payments are made to the correct recipients. To complete these checks, your company may be contacted by our service provider, Trustpair, which specializes in verifying payment information. You may be contacted on behalf of Valmet either by telephone (callback) or by email (micro-payment or “penny test”).

Please note that Trustpair micro-payment requests will only be sent from portal@trustpair.com.

Focus on innovation and quality

Our global Procurement network works with our supply base to move our customers’ performance forward. We have 50,000 active direct suppliers in more than 60 countries, and we spend over 3 billion euros in direct and indirect purchases annually, where materials, machines and components comprise around two thirds, and purchased services one third of Valmet’s total spend. More than half of our purchases come from Finland and Sweden, but the share of sourcing from local suppliers in other countries is increasing. Valmet expects its suppliers to be proactive in improving cost-competitiveness, proposing ideas and being reliable what comes to costs, time and quality.

Valmet supplier innovations instructions

In this video, you will find a step-by-step demonstration video about how Valmet suppliers can submit innovation ideas to us through our website.

Ensuring a sustainable supply chain

Sustainability is fully integrated into Valmet’s way to operate in its supply chain. We expect all our suppliers to comply with requirements in the Supplier Code of Conduct and push ahead with developing more sustainable supply chain practices globally besides ensuring procurement savings. In addition, we expect our suppliers to continuously reduce their CO2 emissions.

Related pages

About us

Innovation and R&D

Working principles