Recycled content rate of our products
Reuse of waste generated
Our suppliers are an essential part of the company's business performance.
We therefore not only extend our high standards of quality, efficiency, and innovation, but also demand the same level of commitment to transparency and sustainability, especially in relation to ethics, integrity and compliance.
"Good supply chain management is an opportunity to improve business relationships, achieve higher operational efficiency, deal with future contingencies and also strengthen our reputation. However, the key is to do it in collaboration with ethical, trustworthy and sustainable suppliers that together conform a strong supply chain that contributes positively to society in which we operate while enhancing the trust and confidence of our customers".
Bernardo Velázquez Herreros
Acerinox Chief Executive Officer
active suppliers
€M of annual expenditure
of our suppliers are local
Our purchases are divided into direct and general procurement. Direct procurement includes raw materials used and directly integrated into the final product delivered by Acerinox. General procurement, includes all those services and products that are used to manufacture the product.
In order to optimize the efficiency, effectiveness, transparency and traceability of our processes, we have implemented digital tools that allow us to simplify our work and enable a more agile and effective collaboration with our suppliers.
The registration and approval of new suppliers is done through Jaggaer (link). This step is essential to start any relationship with Acerinox.
All bidding, auctions, and RFxs are conducted through Jaggaer, the procurement platform, to ensure transparency and simplicity. An evaluation covering technical aspects and ESG criteria is conducted for each of them. To be awarded, the criteria mentioned on the website must be met.
Once a project or contract has been awarded, it is necessary to be registered on the GoSupply platform. This tool ensures the correct traceability of the supply chain as well as the identification and management of potential and actual risks.
Project awards will be formalized through the signing of a contract or order reflecting the scope of the business relationship.
Invoicing and payment will be made as agreed in the commercial terms. Invoicing will be notified via email and/or regular post.
Suppliers are subject to yearly evaluations on delivery times and quality, product and/or service performance and sustainability performance. The final result will determine whether the product and/or service meet the service level agreements.
As part of responsible purchasing management, Acerinox can request on-site and/or online audits that can be carried out either by our company itself or by accredited external auditors. These audits will focus on ESG compliance and/or capacity analysis (verification of capacity, operational flexibility, quality management system...).
More transparency, more collaboration
Procurement and supplier management platform that allows us to improve onboarding and also optimize the tender processes through automation and data analysis. Additionally, it includes features to manage contracts and supplier compliance facilitating transparency.
Platform used to manage supply chain risk. It allows an effective risk identification, assessment, monitoring and management in terms of ESG and compliance. It includes audit and improvement action plan follow up.
As a leading company in the stainless steel sector, Acerinox is committed to sustainability, respect and defense of human rights and promotes an integrative corporate culture committed to diversity, equity and inclusion.
With our supply chain being a key part of our activity, Acerinox promotes and requires suppliers to adhere to and abide by the same principles.
The Acerinox Group's Responsible Procurement Policy and Code of Conduct for Business Partners include the requirements we have established for our suppliers. These documents explain the duties and commitments that are essential for establishing a business relationship with us and therefore are part of our supplier selection process. This practice contributes to building a supply chain that shares our values and responsible behavior.
The requirements are updated periodically to ensure that they include the most up-to-date best practices and are aligned with our performance.
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Code of Conduct for Business Partners of the Acerinox Group
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381.75 KB |
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General Responsible Purchasing Policy
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190.71 KB |
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Acerinox rewards its suppliers for their contribution to operational excellence, innovation, internationalization, and sustainability, as well as their adherence to the company's values, thus recognizing the value creation they provide.
