On September 16th, Vallourec organized its Suppliers' Day in Boulogne. This day was the opportunity for Michelle Wen, Group Sourcing Vice President, to present the sourcing challenges of Vallourec in terms of Quality, Cost, Delivery, Innovation and Corporate Social Responsibility as well as to reward its major suppliers.
The Vallourec Suppliers' Awards recognize suppliers who have been fully committed to their partnership with Vallourec during the last years and have responded most effectively to the Group's expectations. In 2014, The Group has decided to highlight four categories: Competitiveness, Quality & Delivery, Innovation and Corporate Social Responsibility.
Key senior representatives of strategic Vallourec suppliers (Production, Non-Production, Investments and Services) were invited to join this day.
The opening speech was given by Olivier Mallet, Member of the Management Board and Chief Financial Officer, who underlined the importance of creating a strong relationship between Vallourec and its suppliers. Jean-Yves Le Cuziat, Strategic Marketing and Sourcing Vice President, stressed that the Suppliers' Day was also the chance for the management team to share with the suppliers their vision for Vallourec's partners.
In conclusion, Philippe Crouzet, Chairman of the Management Board, emphasized that the Group strongly relies on its suppliers to reach its objectives and ambition.