Supplier Support (Inove)

Suppliers

Supplier Support (Inove)

Created in 2010, Inove – Vale’s Supplier Development Program – seeks to develop local suppliers by providing training, financial solutions and business incentives.

The program has been implemented in Brazil and works closely with trade unions, government agencies and both financial and educational institutions.

All products and initiatives are exclusively for Vale’s (contracted) suppliers in Brazil and are subject to analysis.

Learn more about Inove’s work fronts

Financial solutions
Business Incentives
Courses and Training

We provide financial support solutions for our suppliers: prepayment of receivables for companies with lines of credit recognized by Vale and financing for the purchase of equipment, mobilization and/or working capital. Click on the tabs to read more about our products.

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Inove offers advantageous conditions to enable suppliers to acquire goods and services. By means of business roundtables and events, we promote interaction between different players in the supply chain as well as introducing them to the structure of Vale’s purchasing structure. Our objective is to promote the competitive and sustainable insertion of micro and small companies in the mining production chain. Click on the tabs to read about our products.

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Inove promotes the growth and qualification of suppliers by providing management and technical training courses. Inove contributes with educational technology and methodology for training of workers and entrepreneurs alike.

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