Valeo is dedicated to the design, the manufacture and the sale of components, integrated systems and modules for cars and heavy lorries. 3 Fields of Innovation for surer, cleaner and more comfortable vehicles.

The Group

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Strategy

Purchasing strategy

Our strategy

Building up a best supplier base, helping the suppliers improve, integrating them into our product development, and involving them in our operations: these are the four key processes that enable us to reach our objectives: total quality, cost control, advanced technology, and global presence.

Supplier quality

Products:

  • Zero incidents
  • Single-digit PPM

Projects:

  • 100% of initial samples right first time and on time

Logistics:

  • Zero logistical incidents
  • 100% order-fill rate

Competitive costs

  • Continuous cost reduction for materials and components.
  • At least one suggestion per supplier per month.

Advanced technology

  • 100% of our designer suppliers integrated at phase 0 of our projects.
  • Development times cut in half.

Global presence

  • 25% fewer suppliers per year
  • 70% of purchases in low-cost countries by 2010

Our Quality standards

From initial evaluation to Continuous Quality Improvement, we select the best suppliers and set ourselves the objective of growing together.

Our customers—car manufacturers—are constantly raising their quality requirements. Valeo and its suppliers must anticipate and satisfy these expectations in order to align themselves with the finest international standards.

  • Single-digit PPM
  • Resolution of warranty issues
  • Projects of perfect quality

All achieved with maximum responsiveness and a positive attitude.

In order to select the best suppliers and help them constantly improve their performance,

Valeo relies on three quality-evaluation tools:

  • Selection process
  • Qualification system
  • Continuous improvement

Our purchasing programs

Convergence, VIP, and e@SI: three purchasing programs to encourage our suppliers to improve constantly and to reward those with exceptional performance.

Convergence program

The purpose of the Convergence program is to optimize cost reduction and quality by improving relations between Valeo and its main suppliers. It also allows Valeo to order most of its materials from the best suppliers.

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VIP program

The VIP program is for suppliers whose outstanding performances place them among the best in the world.

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e@SI program

The e@SI (e-business@Supplier Integration) program combines all the Internet tools implemented by Valeo to improve the integration of its suppliers.

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General Terms of Purchase

Access to the terms per country

Are you already a Valeo supplier? Click here to access the SRM extranet.

Our code of ethics

To find out more, download the PDF file on Valeo's code of ethics as it applies to suppliers

© Copyright Valeo Management Services 2008