VALMET OYJ
148 proactive . “ We are a very proactive organization and a lot of good work is being done from the view of strategic , operational and tactical procurement ,” he says . Valmet ’ s forward-looking approach focuses on identifying upcoming changes in the market : “ What are the mega-trends ? What are the upcoming environmental regulations that will require us to make changes to the way we run production ? That ’ s one of the reasons the company is investing so heavily in R & D .” Currently , Sharma notes , the trends Valmet is working on , to address range from the increasing digitisation of media to the growth of e-commerce . “ Printing is disappearing , but e-commerce companies , which use large amounts of boards for packaging , are on the rise ,” Sharma says . “ Also , in Asia there ’ s a lot of urbanization , so more people are going to college , which creates demand for things like textbooks . Furthermore , the growing population in the Asian sub-continent provides demographic dividends for such industries to thrive . Nonetheless , there are always prevailing market dynamics or needs that we must be privy to , to strategize our supply chain operations .
APRIL 2019