Business Chief APAC+ANZ Magazine April 2019 | Page 149

The need to adapt , while maintaining a global standard of product and sustainability practice is also “ embedded in our supplier selection , evaluation and management process ,” says Sharma . Over the course of his role at Valmet , Sharma has worked with “ basically three types of supplier : suppliers who manufacture standard commercial items , suppliers who manufacture their own designs , and those that produce Valmet-designed products and technology . That ’ s the supplier segmentation that we ’ re looking at . However , the top spot goes to suppliers who manufacture according to our designs and work as per our practices ,” he says , due to the fact Valmet ’ s products are manufactured to that global standard and can therefore be sourced globally .
“ When we select a supplier , we evaluate their social , economic and environmental strength . Where do they stand on social best practice ? Do they have quality management systems ? How about safe working environments that keep their workforce intact ? Basically , do they adhere to their principals ?” Sharma continues , noting that “ there are mature countries , there
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