Vendor Held Stock System

Vendor Held Stock System

In working with its suppliers, Vale implements several systems including the Vendor Held Stock system. This system manages the demand from Vale and the stock from suppliers; it ensures that supplies are delivered punctually, systematically and orderly at their correct quantities and at a maintained level of quality, and requires suppliers to have certain stock levels in their warehouses.

This system has also been implemented in cooperation with the banking sector, easing the payment procedure for jobs undertaken by suppliers.

Many local suppliers have been involved in this system, which has increased their professionalism as they work in partnership with Vale.