Our sourcing is a cross-functional streamlined process led by experienced teams in material category sourcing and compound management, thus creating value not only for our business and clients but also for our suppliers by encouraging them to understand where and how they can add value in our process at all times/phases of the projects.
Global sourcing competencies include market intelligence, successful long-term relationships between all the members of a project team, risk management through risk identification and classification, and implementation of mitigation measures to ensure continuity of supply.
Since the mid-70s we have direct experience with the Asian sourcing market, and we continue to manage it by promoting our experienced local teams through our global presence in our different sites. These sites, embedded in their own procurement domestic markets but driven by unique and centralized sourcing policies and a purchasing shared information platform (to eliminate redundancies), allows easier access in equal languages, cultures and understandings, thus improving straightforward technology transfers (if needed) to strategic partners with a high level of IP protection.
Esteve Química has a highly established network of preferred identified sources in three major regions of the world (America, Europe and Asia), thus resulting in a diverse strategic sourcing base that includes manufacturer performance screening over time as well as quality, service, cost-effectiveness and expertise to meet our core business and client needs by perfectly fitting specific project requirements and supplier capabilities.
Our teams provide our customers with total transparency and efficiency, from Supplier Selection to Supplier Qualification, in terms of technology, compound and route selection, site capacity, potential and reputation, and crowdsourcing to identify outstanding key personal in the different organizations. This is performed through a unique and multifaceted supplier assessment system based on site audit reports and complemented by annual continuous performance evaluations, all to ensure that only qualified suppliers pass the qualification requirements. This system is highly recognized not only by our customers but also by Health Authorities, and is consistent with our social responsibility policy —which promotes ethical manners, social integrity and environmental responsibilities to help guarantee the sustainability of our business and the society in which we operate.